Coming off a successful public offering in December 2010, shares of the Houston, TX-based natural gas pipeline company continued to rally in 2011. Investors were pleased when the company announced major management changes in December. The company also pays relatively high quarterly dividends, yielding more than 3% and making it an especially attractive investment at a time of record-low interest rates.
In the year ahead, Targa expects to raise its payout, with growth expected at Targa Resources Partners, a limited partnership that provides natural gas and natural liquid services nationwide.
