TC Energy Corporation
TSX:TRP Stock Report
TC Energy Dividends and Buybacks
Dividend criteria checks 4/6 TC Energy is a dividend paying company with a current yield of 5.7% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information Total Shareholder Yield 5.7% Future Dividend Yield 5.3% Dividend Growth 6.3% Next dividend pay date 31 Jan 25 Ex dividend date 31 Dec 24 Dividend per share CA$3.840 Payout ratio 78%
Recent dividend and buyback updates TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2024, Payable on January 31, 2025
Upcoming dividend of CA$0.96 per share Sep 20 TC Energy Corporation Declares Dividend for the Quarter Ending September 30, 2024, Payable on October 31, 2024 Aug 01
Upcoming dividend of CA$0.96 per share Mar 20
TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96 Mar 15
TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2024, Payable on April 30, 2024 Feb 16
Show all updates
New major risk - Revenue and earnings growth Nov 11
Dividend of CA$0.82 announced Nov 10 TC Energy Corporation Declares Dividend for the Quarter Ending December 31, 2024, Payable on January 31, 2025
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Nov 08 TC Energy Corporation completed the Spin-Off of South Bow Corporation (TSX:SOBO). Oct 02
TC Energy Corporation to Report Q3, 2024 Results on Nov 07, 2024 Oct 01
Now 22% undervalued Sep 26
Upcoming dividend of CA$0.96 per share Sep 20
TC Energy Corporation (TSE:TRP) Not Flying Under The Radar Sep 15
New minor risk - Insider selling Sep 05
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP) Aug 30
TC Energy Corporation Just Beat Revenue By 7.4%: Here's What Analysts Think Will Happen Next Aug 05
Second quarter dividend of CA$0.96 announced Aug 04
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Aug 02 TC Energy Corporation Declares Dividend for the Quarter Ending September 30, 2024, Payable on October 31, 2024 Aug 01
Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet? Aug 01 TC Energy Corporation to Report Q2, 2024 Results on Aug 01, 2024 Jul 12
Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes Jul 04 TC Energy Corporation Approves Board Appointments Jun 06
With TC Energy Corporation (TSE:TRP) It Looks Like You'll Get What You Pay For May 22
TC Energy Corporation to Appeal Delaware Court Rulings in Lawsuit Related to 2016 Columbia Pipeline Acquisition May 17
First quarter dividend of CA$0.96 announced May 06
First quarter 2024 earnings: EPS and revenues exceed analyst expectations May 04
TC Energy (TSE:TRP) Seems To Be Using A Lot Of Debt May 01 TC Energy Corporation to Report Q1, 2024 Results on May 03, 2024 Apr 17
TC Energy Corporation, Annual General Meeting, Jun 04, 2024 Apr 10 Tc Energy Corporation Announces Executive Changes
Slowing Rates Of Return At TC Energy (TSE:TRP) Leave Little Room For Excitement Mar 31
Upcoming dividend of CA$0.96 per share Mar 20
TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96 Mar 15 Nisga'a Nation and Western LNG ULC entered into binding letter agreement to acquire Prince Rupert Gas Transmission Holdings Ltd. and Prince Rupert Gas Transmission Limited Partnership from TC Energy Corporation (TSX:TRP). Mar 15
Fourth quarter dividend increased to CA$0.96 Feb 19
Full year 2023 earnings: EPS misses analyst expectations Feb 18
TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2024, Payable on April 30, 2024 Feb 16
TC Energy Corporation to Report Q4, 2023 Results on Feb 16, 2024 Jan 27
TC Energy (TSE:TRP) Use Of Debt Could Be Considered Risky Jan 27
Now 21% overvalued after recent price rise Jan 25
TC Energy Reportedly Plans to Discuss Selling Natural Gas Pipeline Stake to Indigenous Groups Jan 11
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP) Jan 09
TC Energy Corporation's (TSE:TRP) Shareholders Might Be Looking For Exit Dec 22
Upcoming dividend of CA$0.93 per share at 7.1% yield Dec 21
Third quarter 2023 earnings: EPS misses analyst expectations Nov 10 TC Energy Corporation Appoints John E. Lowe as Chair of the Board, Effective January 1, 2024
TC Energy Reportedly Exploring Stake Sales of Assets Worth $10 Billion Oct 29
TC Energy Reportedly Exploring Stake Sales of Assets Worth $10 Billion Oct 28
Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes Oct 19
TC Energy Corporation Appoints Hal Kvisle, as Board Chair of New Liquids Pipelines Company Oct 13
TC Energy (TSE:TRP) Has No Shortage Of Debt Sep 22
Upcoming dividend of CA$0.93 per share at 7.4% yield Sep 21
Independent Director recently bought CA$1.4m worth of stock Aug 25
New minor risk - Shareholder dilution Aug 24
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP) Aug 09
Independent Chairman of the Board recently bought CA$1.8m worth of stock Aug 02
Price target decreased by 7.5% to CA$55.83 Jul 31
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Jul 28
TC Energy Corporation Declares Quarterly Dividend on Common Share, Payable on October 31, 2023 Jul 28
TC Energy Corporation to Report Q2, 2023 Results on Jul 28, 2023 Jul 13
TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation Jul 12
TC Energy Corporation's Pumped Storage Project Moving to Final Evaluation Jul 11
Returns On Capital At TC Energy (TSE:TRP) Have Stalled Jul 09
Tc Energy Expects to Appeal Delaware Court Rulings in Lawsuit Related to 2016 Columbia Pipeline Acquisition Jul 04
Upcoming dividend of CA$0.93 per share at 7.0% yield Jun 22
Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet? Jun 21
TC Energy's (TSE:TRP) Shareholders Will Receive A Bigger Dividend Than Last Year May 16
Insider recently bought CA$59k worth of stock May 15
TC Energy Corporation acquired Blue Cloud and Fluanna I from Copenhagen Infra Partners II managed by Copenhagen Infrastructure Partners P/S. May 06
TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93 May 02
First quarter 2023 earnings: EPS and revenues exceed analyst expectations May 01
Returns On Capital At TC Energy (TSE:TRP) Have Stalled Mar 25
Upcoming dividend of CA$0.93 per share at 7.2% yield Mar 23
Insider recently bought CA$97k worth of stock Mar 17
These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt In A Risky Way Mar 07
CEO, President & Director recently bought CA$358k worth of stock Mar 02
Executive VP recently bought CA$57k worth of stock Feb 20
TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93 Feb 17
TC Energy Corporation Declares Dividend for the Quarter Ending March 31, 2023, Payable on April 28, 2023 Feb 15
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Feb 15
TC Energy Provides Coastal Gaslink Project Update Feb 02
TC Energy Corporation to Report Q4, 2022 Results on Feb 14, 2023 Jan 25
Insider recently bought CA$150k worth of stock Jan 01
Upcoming Dividend Payment Today Nov 13 2024 Ex Dividend Date Dec 31 2024 Dividend Pay Date Jan 31 2025 31 days from Ex Dividend Buy in the next 48 days to receive the upcoming dividend
Stability and Growth of Payments
Stable Dividend: TRP's dividends per share have been stable in the past 10 years.
Growing Dividend: TRP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market TC Energy Dividend Yield vs Market
How does TRP dividend yield compare to the market? Segment Dividend Yield Company (TRP) 5.7% Market Bottom 25% (CA) 1.8% Market Top 25% (CA) 6.1% Industry Average (Oil and Gas) 4.6% Analyst forecast (TRP) (up to 3 years) 5.3%
Notable Dividend: TRP's dividend (5.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: TRP's dividend (5.7%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.7%), TRP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (585.2%), TRP's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies Simply Wall St™ Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
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