TC Energy Dividends and Buybacks
Dividend criteria checks 5/6
TC Energy is a dividend paying company with a current yield of 5.38% 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 | €3.703 |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRS's dividends per share have been stable in the past 10 years.
Growing Dividend: TRS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TC Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRS) | 5.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (TRS) (up to 3 years) | 5.2% |
Notable Dividend: TRS's dividend (5.38%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: TRS's dividend (5.38%) is in the top 25% of dividend payers in the German market (4.79%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.7%), TRS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (564.3%), TRS's dividend payments are not well covered by cash flows.