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TC Energy (TRP) Dividend Yield, Date & History

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C$66.37 +0.58 (+0.88%)
(As of 12/23/2024 05:32 PM ET)

TC Energy Dividend Summary

Dividend Yield
5.79%
Annual Dividend
C$3.84
Next
Dividend Payment
Jan. 31
Dividend Payout Ratio
116.01%

TC Energy (TRP) pays an annual dividend of C$3.84 per share, with a dividend yield of 5.79%. The next payment of C$1.11 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 116.01% of its earnings and 117.35% 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 TSE companies to evaluate its performance against the market.

TypeTC EnergyEnergy CompaniesTSE Companies
Annual DividendC$3.84C$0.10C$1.07
Dividend Yield5.79%7.19%5.39%

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 Earnings116.01%
Based on This Year's Estimate108.20%
Based on Cashflow117.35%

TC Energy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024Quarterly$1.1130+$0.1530
15.94%
6.47%12/31/202412/31/20241/31/2025
8/1/2024Quarterly$0.96 - 6.43%9/27/20249/27/202410/31/2024
5/3/2024Quarterly$0.96 - 7.47%6/28/20246/28/20247/31/2024
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2/16/2024Quarterly$0.96+$0.03
3.23%
7.2%3/27/20243/28/20244/30/2024
11/8/2023Quarterly$0.93 - 7.46%12/28/202312/29/20231/31/2024
7/27/2023Quarterly$0.93 - 8.22%9/28/20239/29/202310/31/2023
4/28/2023Quarterly$0.93 - 6.61%6/29/20236/30/20237/31/2023
2/14/2023Quarterly$0.93+$0.03
3.33%
6.59%3/30/20233/31/20234/28/2023

This table shows TC Energy's dividend 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 5.79%. Learn more on TRP's dividend yield history.

The annual dividend for TRP shares is C$3.84. Learn more on TRP's annual dividend history.

TC Energy pays quarterly dividends to shareholders.

TC Energy's next quarterly dividend payment of C$1.11 per share will be made to shareholders on Friday, January 31, 2025.

TC Energy's most recent quarterly dividend payment of C$0.96 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.

The most recent change in the company's dividend was an increase of C$0.15 on Thursday, November 7, 2024.

The dividend payout ratio for TRP is:
  • 116.01% based on the trailing year of earnings
  • 108.20% based on this year's estimates
  • 117.35% based on cash flow

TC Energy's dividend yield of 5.95% is lower than the average Energy company that issues a dividend. TRP has a dividend yield higher than 75% of all dividend-paying stocks 5.72, making it a leading dividend payer. TC Energy's dividend payout ratio of 116.01% may not be sustainable.

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 (TSE:TRP) was last updated on 12/24/2024 by MarketBeat.com Staff
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