TC Energy Dividends and Buybacks

Dividend criteria checks 3/6

TC Energy is a dividend paying company with a current yield of 5.22%.

Key information

5.2%

Dividend yield

-0.1%

Buyback Yield

Total Shareholder Yield5.1%
Future Dividend Yield5.6%
Dividend Growth7.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$3.400
Payout ratio92%

Recent dividend and buyback updates

Recent updates

Why TC Energy Is A Must-Have For Income And Growth Investors

Dec 22

Pipelines Of Prosperity: TC Energy's 4.8% Yield Is Just The Beginning

Nov 27

TC Energy: Liquids Spin-Off Creates A Premier Gas Midstream

Nov 12

TC Energy: 6% Yield Amidst A North American Energy Boom

Sep 25

TC Energy: Buy This 6.3% Yielding Dividend Aristocrat Before Everyone Else Does

Aug 29

TC Energy: Growth Focused MLP With Signs Of Becoming A Stable Cash Cow

Aug 22

TC Energy: Get Paid 6.4% To Own Low-Risk Mission-Critical Pipelines

Aug 15

TC Energy: The Issue With Leverage Makes This A Suboptimal Choice

Jul 02

Why 7.5%-Yielding TC Energy Is A Compelling Investment For Value Investors?

May 08

7%-Yielding TC Energy May Be One Of The Best Income Plays On The Market

Mar 20

TC Energy: Series 7 Preferred Shares Ready For Takeoff

Mar 07

TC Energy: Massive Q4 Beat And 3% Dividend Increase

Feb 16

TC Energy: A Solid 7% Yield With 23 Years Of Consecutive Raises

Feb 01

TC Energy: May Be A Value Trap

Jan 11

TC Energy: Preferreds Offer Big Yields With Large Premium Over Debt

Dec 08

With A 7.5% Yield, And An Upcoming Spinoff, TC Energy Is Attractive

Nov 08

TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks

Oct 23

TC Energy: Not Every Falling Knife Is Worth Catching

Oct 05

Why TC Energy Is A Better Buy Than Enbridge

Sep 26

TC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock Appealing

Sep 05

TC Energy: A High Yield And Growing Dividend Pipeline Play

Aug 16

It's The Best Time In 23 Years To Buy 8% Yielding TC Energy

Aug 03

TC Energy Shares Have Fallen Too Far (Rating Upgrade)

Jul 27

TC Energy: High Yield And Exposure To The Energy Transition

Jun 26

TC Energy Has Substantial Catalysts

May 24

TC Energy lifts dividend by 3.3% to CAD 0.93/share

Feb 14

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRP's dividend payments have been volatile 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?
SegmentDividend Yield
Company (TRP)5.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Oil and Gas)4.0%
Analyst forecast (TRP) (up to 3 years)5.6%

Notable Dividend: TRP's dividend (5.22%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: TRP's dividend (5.22%) is in the top 25% of dividend payers in the US market (4.44%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (91.5%), TRP's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (264%), TRP's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 09:21
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TC Energy Corporation is covered by 41 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Nathan HeywoodATB Capital Markets
Theresa ChenBarclays