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Stock Market & Financial Investment News

News Breaks
January 15, 2013
17:11 EDTTRGPTarga Resources increases quarterly dividend by 8% over previous quarter
Targa Resources Corp. announced that its board of directors has declared a quarterly cash dividend of 45.75 per share, or $1.83 per common share on an annualized basis, for the fourth quarter 2012. The approved dividend represents increases of approximately 8% over the previous quarter's dividend and 36% over the dividend for the fourth quarter 2011. This cash dividend will be paid February 15, 2013 on all outstanding common shares to holders of record as of the close of business on January 28, 2013.
News For TRGP From The Last 14 Days
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February 11, 2016
09:48 EDTTRGPTarga Resources to host special shareholder meeting
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February 1, 2016
18:21 EDTTRGPTarga Resources' acquisition of Targa Resources Partners receives recommendation
Targa Resources (TRGP) announced that three proxy voting advisory firms, Institutional Shareholder Services, Glass, Lewis & Co. and Egan-Jones Proxy Services, have recommended that their clients vote in favor of the proposals related to TRC acquiring all of the outstanding common units of Targa Resources Partners (NGLS) that it does not already own. The Board of Directors of TRC, the Conflicts Committee of the Board of Directors of the general partner of TRP and the Board of Directors of the General Partner of TRP unanimously approved the merger agreement. Special meetings for TRC stockholders and TRP common unitholders will be held on February 12. Subject to the voting approvals, and certain other customary closing conditions, the merger is expected to close on February 17.

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