TC Energy Dividend
Dividend criteria checks 4/6
TC Energy is a dividend paying company with a current yield of 7.71%.
Key information
7.7%
Dividend yield
135%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.73 |
| Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Recent updates
7%-Yielding TC Energy May Be One Of The Best Income Plays On The Market
Mar 20TC Energy: Series 7 Preferred Shares Ready For Takeoff
Mar 07TC Energy: Massive Q4 Beat And 3% Dividend Increase
Feb 16TC Energy: A Solid 7% Yield With 23 Years Of Consecutive Raises
Feb 01TC Energy: May Be A Value Trap
Jan 11TC Energy: Preferreds Offer Big Yields With Large Premium Over Debt
Dec 08With A 7.5% Yield, And An Upcoming Spinoff, TC Energy Is Attractive
Nov 08TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks
Oct 23TC Energy: Not Every Falling Knife Is Worth Catching
Oct 05Why TC Energy Is A Better Buy Than Enbridge
Sep 26TC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock Appealing
Sep 05TC Energy: A High Yield And Growing Dividend Pipeline Play
Aug 16It's The Best Time In 23 Years To Buy 8% Yielding TC Energy
Aug 03TC Energy Shares Have Fallen Too Far (Rating Upgrade)
Jul 27TC Energy: High Yield And Exposure To The Energy Transition
Jun 26TC Energy Has Substantial Catalysts
May 24TC Energy lifts dividend by 3.3% to CAD 0.93/share
Feb 14Better High-Yield Midstream Buy: Enbridge Or TC Energy?
Jan 19TC Energy: Upcoming Earnings Call Should Be Key Catalyst
Jan 12TC Energy: Buy The Drop On This High Yield
Dec 15TC Energy Q3 2022 Earnings Preview
Nov 08TC Energy: A Great 6% Yield From This Energy Giant
Sep 19TC Energy declares CAD 0.90 dividend
Jul 28Stability 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) | 7.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (TRP) | 8.2% |
Notable Dividend: TRP's dividend (7.71%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: TRP's dividend (7.71%) is in the top 25% of dividend payers in the US market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (135.4%), TRP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TRP is paying a dividend but the company has no free cash flows.