TC Energy Dividend
Dividend criteria checks 4/6
TC Energy is a dividend paying company with a current yield of 6.65%.
Key information
6.6%
Dividend yield
114%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.771 |
| Earnings per share | US$3.31 |
| Dividend yield forecast | 7.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRPE.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TRPE.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| TC Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRPE.F) | 6.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 4.1% |
| Analyst forecast (TRPE.F) (up to 3 years) | 7.0% |
Notable Dividend: TRPE.F's dividend (6.65%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: TRPE.F's dividend (6.65%) is in the top 25% of dividend payers in the US market (4.33%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (114.2%), TRPE.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1355.1%), TRPE.F's dividend payments are not well covered by cash flows.