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TC Energy (TRP) Dividend Yield, Date & History

TC Energy logo
$45.79 +0.46 (+1.01%)
(As of 12/20/2024 05:31 PM ET)

TC Energy Dividend Summary

Dividend Yield
5.31%
Annual Dividend
$2.43
Next
Dividend Payment
Jan. 31
Annualized 3-Year
Dividend Growth
5.04%
Dividend Payout Ratio
67.31%

TC Energy (TRP) pays an annual dividend of $2.43 per share, with a dividend yield of 5.31%. The next quarterly payment of $0.8220 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out 67.31% of its earnings and 44.26% of its cash flow as dividends.

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TRP Dividend Payments by Quarter

The chart below displays up to four years of TC Energy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TRP Dividend Yield Over Time

The chart below tracks TC Energy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

TC Energy vs. The Competition

Compare TC Energy's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeTC EnergyEnergy CompaniesNYSE Companies
Annual Dividend$2.43$0.00$1.39
Dividend Yield5.31%11.55%3.58%
Annualized 3-Year Dividend Growth5.04%25.09%15.78%

TC Energy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.31%
Based on This Year's Estimate81.00%
Based on Next Year's Estimate89.67%
Based on Cashflow44.26%

TC Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024Quarterly$0.8220+$0.12
17.09%
6.62%12/31/202412/31/20241/31/2025
8/1/2024Quarterly$0.7020-$0.0080
1.13%
6.52%9/27/20249/27/202410/31/2024
5/3/2024Quarterly$0.71-$0.0040
0.56%
7.55%6/28/20246/28/20247/31/2024
2/16/2024Quarterly$0.7140+$0.0440
6.57%
7.23%3/27/20243/28/20244/30/2024
11/8/2023Quarterly$0.67-$0.0320
4.56%
7.42%12/28/202312/29/20231/31/2024
7/27/2023Quarterly$0.7020+$0.0140
2.03%
8.22%9/28/20239/29/202310/31/2023
4/28/2023Quarterly$0.6880-$0.0110
1.57%
6.62%6/29/20236/30/20237/31/2023
2/14/2023Quarterly$0.6990+$0.0380
5.75%
6.61%3/30/20233/31/20234/28/2023

This table shows TC Energy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

TC Energy Dividend - Frequently Asked Questions

The current dividend yield for TC Energy is 5.31%. Learn more on TRP's dividend yield history.

The annual dividend for TRP shares is $2.43. Learn more on TRP's annual dividend history.

TC Energy pays quarterly dividends to shareholders.

TC Energy's next quarterly dividend payment of $0.8220 per share will be made to shareholders on Friday, January 31, 2025.

TC Energy's most recent quarterly dividend payment of $0.7020 per share was made to shareholders on Thursday, October 31, 2024.

TC Energy's next ex-dividend date is Tuesday, December 31, 2024.

TC Energy's most recent ex-dividend date was Friday, September 27, 2024.

Over the past three years, the company's dividend has grown by an average of 5.04% per year.

The most recent change in the company's dividend was an increase of $0.12 on Thursday, November 7, 2024.

The dividend payout ratio for TRP is:
  • 67.31% based on the trailing year of earnings
  • 81.00% based on this year's estimates
  • 89.67% based on next year's estimates
  • 44.26% based on cash flow

TC Energy's dividend yield of 6.12% is lower than the average Oils/Energy company that issues a dividend. TRP has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. TC Energy's dividend payout ratio of 67.31% is at a healthy, sustainable level, below 75% of its earnings. However, based on EPS estimates, TRP will have a less sustainable dividend payout ratio of 89.67% in the coming year.

Looking at the stock as a whole, market analysts rate TC Energy stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:TRP) was last updated on 12/21/2024 by MarketBeat.com Staff
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