TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Storage. The company builds and operates 93,300 km network of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet. In addition, it has approximately 4,900 km liquids pipeline system that connects Alberta crude oil supplies to refining markets in Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.
TC Energy Dividend Announcement
• TC Energy announced a quarterly dividend of $0.61 per ordinary share which will be made payable on 2025-01-31. Ex dividend date: 2024-12-31
• TC Energy annual dividend for 2024 was $2.73
• TC Energy annual dividend for 2023 was $2.78
• TC Energy's trailing twelve-month (TTM) dividend yield is 6.08%
• TC Energy's payout ratio for the trailing twelve months (TTM) is 77.50%
• TC Energy's dividend growth over the last five years (2018-2023) was 0.30% year
• TC Energy's dividend growth over the last ten years (2013-2023) was 4.22% year
TC Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.61 | quarterly | 2025-01-31 |
2024-09-27 | $0.71 | quarterly | 2024-10-31 |
2024-06-28 | $0.70 | quarterly | 2024-07-31 |
2024-03-27 | $0.71 | quarterly | 2024-04-30 |
2023-12-28 | $0.70 | quarterly | 2024-01-31 |
2023-09-28 | $0.69 | quarterly | 2023-10-31 |
2023-06-29 | $0.70 | quarterly | 2023-07-31 |
2023-03-30 | $0.69 | quarterly | 2023-04-28 |
2022-12-29 | $0.66 | quarterly | 2023-01-31 |
2022-09-28 | $0.66 | quarterly | 2022-10-31 |
2022-06-29 | $0.70 | quarterly | 2022-07-29 |
2022-03-30 | $0.72 | quarterly | 2022-04-29 |
2021-12-30 | $0.69 | quarterly | 2022-01-31 |
2021-09-28 | $0.69 | quarterly | 2021-10-29 |
2021-06-29 | $0.71 | quarterly | 2021-07-30 |
2021-03-30 | $0.69 | quarterly | 2021-04-30 |
2020-12-30 | $0.63 | quarterly | 2021-01-29 |
2020-09-29 | $0.60 | quarterly | 2020-10-30 |
2020-06-29 | $0.59 | quarterly | 2020-07-31 |
2020-03-30 | $0.58 | quarterly | 2020-04-30 |
2019-12-30 | $0.57 | quarterly | 2020-01-31 |
2019-09-27 | $0.56 | quarterly | 2019-10-31 |
2019-06-27 | $0.57 | quarterly | 2019-07-31 |
2019-03-28 | $0.56 | quarterly | 2019-04-30 |
2018-12-28 | $0.51 | quarterly | 2019-01-31 |
2018-09-27 | $0.53 | quarterly | 2018-10-31 |
2018-08-03 | $0.65 | quarterly | |
2018-06-28 | $0.52 | quarterly | 2018-07-31 |
2018-03-28 | $0.54 | quarterly | 2018-04-30 |
2017-12-28 | $0.49 | quarterly | 2018-01-31 |
2017-09-28 | $0.62 | quarterly | 2017-10-31 |
2017-06-28 | $0.47 | quarterly | 2017-07-31 |
2017-03-29 | $0.47 | quarterly | 2017-04-28 |
2016-12-28 | $0.42 | quarterly | 2017-01-31 |
2016-09-28 | $0.43 | quarterly | 2016-10-31 |
2016-08-29 | $0.56 | quarterly | |
2016-06-28 | $0.43 | quarterly | 2016-07-29 |
2016-03-29 | $0.43 | quarterly | 2016-04-29 |
2015-12-29 | $0.37 | quarterly | 2016-01-29 |
2015-09-28 | $0.39 | quarterly | 2015-10-30 |
2015-08-27 | $0.52 | quarterly | |
2015-06-26 | $0.52 | quarterly | 2015-07-31 |
2015-03-27 | $0.52 | quarterly | 2015-04-30 |
2014-12-29 | $0.48 | quarterly | 2015-01-30 |
2014-09-26 | $0.48 | quarterly | 2014-10-31 |
2014-06-26 | $0.48 | quarterly | 2014-07-31 |
2014-03-27 | $0.48 | quarterly | 2014-04-30 |
2013-12-27 | $0.46 | quarterly | 2014-01-31 |
2013-09-26 | $0.46 | quarterly | 2013-10-31 |
2013-06-26 | $0.46 | quarterly | 2013-07-31 |
2013-03-26 | $0.46 | quarterly | 2013-04-30 |
TC Energy Dividend per year
TC Energy Dividend growth
TC Energy Dividend Yield
TC Energy current trailing twelve-month (TTM) dividend yield is 6.08%. Interested in purchasing TC Energy stock? Use our calculator to estimate your expected dividend yield:
TC Energy Financial Ratios
TC Energy Dividend FAQ
Other factors to consider when evaluating TC Energy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TC Energy's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TC Energy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TC Energy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TC Energy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TC Energy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TC Energy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TC Energy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TC Energy's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TC Energy's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.