TC Energy Dividends and Buybacks
Dividend criteria checks 4/6
TC Energy is a dividend paying company with a current yield of 5.43% 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
5.4%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 5.9% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$3.703 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
TC Energy Corporation (TSE:TRP) Not Flying Under The Radar
Sep 15
Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Aug 30TC Energy Corporation Just Beat Revenue By 7.4%: Here's What Analysts Think Will Happen Next
Aug 05Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?
Aug 01Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes
Jul 04With TC Energy Corporation (TSE:TRP) It Looks Like You'll Get What You Pay For
May 22TC Energy (TSE:TRP) Seems To Be Using A Lot Of Debt
May 01Slowing Rates Of Return At TC Energy (TSE:TRP) Leave Little Room For Excitement
Mar 31TC Energy (TSE:TRP) Will Pay A Larger Dividend Than Last Year At CA$0.96
Mar 15TC Energy (TSE:TRP) Use Of Debt Could Be Considered Risky
Jan 27Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Jan 09TC Energy Corporation's (TSE:TRP) Shareholders Might Be Looking For Exit
Dec 22Returns On Capital At TC Energy (TSE:TRP) Have Hit The Brakes
Oct 19TC Energy (TSE:TRP) Has No Shortage Of Debt
Sep 22Calculating The Fair Value Of TC Energy Corporation (TSE:TRP)
Aug 09Returns On Capital At TC Energy (TSE:TRP) Have Stalled
Jul 09Does TC Energy (TSE:TRP) Have A Healthy Balance Sheet?
Jun 21TC Energy's (TSE:TRP) Shareholders Will Receive A Bigger Dividend Than Last Year
May 16TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93
May 02Returns On Capital At TC Energy (TSE:TRP) Have Stalled
Mar 25These 4 Measures Indicate That TC Energy (TSE:TRP) Is Using Debt In A Risky Way
Mar 07TC Energy's (TSE:TRP) Dividend Will Be Increased To CA$0.93
Feb 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRP) | 5.4% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Oil and Gas) | 4.4% |
| Analyst forecast (TRP) (up to 3 years) | 5.2% |
Notable Dividend: TRP's dividend (5.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: TRP's dividend (5.43%) is low compared to the top 25% of dividend payers in the Canadian market (6.08%).
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 (564.3%), TRP's dividend payments are not well covered by cash flows.