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Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

TARGA RESOURCES (TRGP)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: ir.targaresources.com/trc/events.cfm
PDF HOUSTON, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units ("Series A Preferred Units") for December 2017. Targa Resources Partners LP announced today that the board of directors of its general partner has declared a monthly cash distribution of 18.75¢ per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for December 2017. This cash distribution will be paid January 16, 2018 on all outstanding Series A Preferred Units to holders of record as of the close of business on December 29, 2017. About Targa Resources Partners LP Targa Resources Partners LP is a Delaware limited partnership formed in October 2006 by its parent, Targa Resources Corp. (“TRC” or the “Company”), to own, operate, acquire and develop a diversified portfolio [Read more]

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