TC PipeLines, LP Common Units representing Limited Partner Interests (TCP) Dividends

TC PipeLines, LP Common Units representing Limited Partner Interests (TCP): $30.21

0.49 (+1.65%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • TCP's compound annual growth rate of its cash flow over the past 5.76 years is -0.12% -- which is higher than about just 10.79% stocks we're looking at.
TCP Ex-Dividend Date
TCP Dividend Yield
8.61%
TCP Annual Dividend
$2.60
TCP Payout Ratio

TCP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$30.21$57.6 101.06%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of TCP, the DDM model generated by StockNews estimates a return of positive 101.06% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Tc Pipelines Lp are:

  • In comparison to stocks we observe that provide shareholders with a dividend, Tc Pipelines Lp produces a dividend yield 8.83% -- which falls in the top 5.72%.
  • TCP's market cap of approximately $2 billion makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 90.38% of them.
  • Based on dividend growth rate, Tc Pipelines Lp has been increasing its dividends at a faster rate than only 15.38% of US-listed dividend-issuing stocks we observed.

TCP Dividend Chart


TCP Dividend History

Ex-Dividend Date Type Payout Amount Change
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TCP Dividends vs. Peers

TCP's dividend yield currently ranks #28 of 81 vs. its peers in the MLPs - Oil & Gas category.
Rank Symbol Name Dividend Yield
1 CVRR CVR Refining, LP Common Limited Partner Interests 34.32%
2 CNXM CNX Midstream Partners LP Common Units representing limited partner interests 21.83%
3 NDRO Enduro Royalty Trust Trust Units representing beneficial interest in the trust 14.59%
4 AM Antero Midstream Corporation 14.04%
5 EEP Enbridge Energy, L.P. Common Units 13.63%
6 USAC USA Compression Partners, LP Common Limited Partner Interests 13.32%
7 ANDX Andeavor Logistics LP Common Units representing Limited Partner Interests 12.81%
8 SHLX Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests 12.77%
9 ENLK EnLink Midstream Partners, LP Common Limited Partnership Interests 12.46%
10 SRLP Sprague Resources LP Common Units representing Limited Partner Interests 11.26%
11 BPMP BP Midstream Partners LP Common Units representing Limited Partner Interests 10.83%
12 ARCX Arc Logistic Partners LP Common Units representing limited partner interest 10.68%
13 CAPL CrossAmerica Partners LP Common Units representing limited partner interests 10.57%
14 PSXP Phillips 66 Partners LP Common Units representing limited partner interest in the Partnership 10.52%
15 ETP Energy Transfer Partners, L.P. Common Units representing limited partner interests 10.38%
16 MPLX MPLX LP Common Limited Partner Interests 10.30%
17 GLP Global Partners LP Global Partners LP Common Units representing Limited Partner Interests 10.05%
18 OMP Oasis Midstream Partners LP 9.93%
19 SUN Sunoco L.P. 9.82%
20 ENBL Enable Midstream Partners LP 9.59%
21 DKL Delek Logistics Partners L.P. 9.52%
22 MMP Magellan Midstream Partners L.P. Limited Partnership 9.02%
23 CEQP Crestwood Equity Partners LP 9.00%
24 NS Nustar Energy L.P. Common Units 8.81%
25 ENLC EnLink Midstream, LLC Common Units representing Limited Partner Interests 8.68%
26 TEP Tallgrass Energy Partners, LP Common Units representing limited partner interests 8.67%
27 SEP Spectra Energy Partners, LP Common Units representing Limited Partner Interests 8.67%
28 TCP TC PipeLines, LP Common Units representing Limited Partner Interests 8.61%
29 PBFX PBF Logistics LP Common Units representing limited partner interests 8.25%
30 PAA Plains All American Pipeline L.P. 7.89%
31 TLP TransMontaigne Partners L.P. Transmontaigne Partners L.P. Common Units representing limited partner interests 7.86%
32 EPD Enterprise Products Partners L.P. 7.84%
33 WNRL Western Refining Logistics, LP Common Units representing limited partner interests 7.70%
34 APLP Archrock Partners, L.P. - Common Units representing Limited Partner Interests 7.65%
35 PAGP Plains Group Holdings, L.P. Class A Shares representing limited partner interests 7.64%
36 WGP Western Gas Equity Partners, LP Common Limited Partner Interests 7.37%
37 BPL Buckeye Partners L.P. 7.24%
38 EQM EQM Midstream Partners, LP Common Units representing Limited Partner Interests 7.23%
39 ETE Energy Transfer Equity, L.P. Energy Transfer Equity, L.P. Common Units representing Limited Partnership interests 7.14%
40 HEP Holly Energy Partners, L.P. 7.11%
41 CQH Cheniere Energy Partners LP Holdings, LLC 7.07%
42 WPT World Point Terminals, LP Common Units representing Limited Partner Interests 6.94%
43 BSM Black Stone Minerals, L.P. Common units representing limited partner interests 6.93%
44 VTTI VTTI Energy Partners LP Common Units representing limited partner interests 6.91%
45 DCP DCP Midstream, LP Common Units 6.78%
46 DMLP Dorchester Minerals, L.P. - Common Limited Partnership Interests 6.75%
47 RMP Rice Midstream Partners LP Common Units representing limited partner interests 6.63%
48 WES Western Midstream Partners, LP Common Limited Partner Interests 6.49%
49 GEL Genesis Energy, L.P. Common Units 6.47%
50 CQP Cheniere Energy Partners, LP Cheniere Energy Partners, LP Common Units 6.33%
51 EQGP EQGP Holdings, LP Common Units representing limited partner interests 6.30%
52 OKS ONEOK Partners, L.P. 6.23%
53 PTXP PennTex Midstream Partners, LP - Common Limited Partnership Interests 5.90%
54 ALDW Alon USA Partners, LP Common Units representing Limited Partner Interests 5.35%
55 WPZ Williams Partners, L.P. Common Limited Partner Interests 5.29%
56 NBLX Noble Midstream Partners LP Common Limited Partner Interests 5.24%
57 VLP Valero Energy Partners LP Common Units representing limited partner interests 5.22%
58 SGU Star Group L.P. 4.86%
59 GPP Green Plains Partners LP - Common Units 4.03%
60 VNOM Viper Energy Partners LP - Common Unit 3.36%
61 BWP Boardwalk Pipeline Partners LP Common Units 3.32%
62 SDLP Seadrill Partners LLC Common Limited Liability Company Interests 2.63%
63 CCLP CSI Compressco LP - common units 2.17%
64 TRGP Targa Resources, Inc. 1.21%
65 MMLP Martin Midstream Partners L.P. - Common Limited Partnership Interests 0.91%
66 CLMT Calumet Specialty Products Partners, L.P. - Common units representing limited partner interests 0.00%
67 SND Smart Sand, Inc. 0.00%
68 TGE Tallgrass Energy, LP Class A Shares 0.00%
69 DM Dominion Energy Midstream Partners, LP Common Units representing Limited Partner Interests 0.00%
70 FGP Ferrellgas Partners, L.P. 0.00%
71 NSH Nustar GP Holdings, LLC Units 0.00%
72 MCEP Mid-Con Energy Partners, LP - Common Units 0.00%
73 SMLP Summit Midstream Partners, LP Common Limited Partner Interests 0.00%
74 EVEP EV Energy Partners, L.P. - common units representing limited partnership interest 0.00%
75 SNMP Sanchez Midstream Partners LP 0.00%
76 BPT BP Prudhoe Bay Royalty Trust 0.00%
77 EMES Emerge Energy Services LP Common Units representing Limited Partner Interests 0.00%
78 BTE Baytex Energy Corp 0.00%
79 VNR Vanguard Natural Res 0.00%
80 NGL NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests 0.00%
81 LGCY Legacy Reserves Inc. 0.00%

Looking for More Information on TCP dividends?

Want to see what other sources are saying about Tc Pipelines Lp's dividends? Try the links below:

Tc Pipelines Lp Common Stock (TCP) Dividend History | Nasdaq
Dividend History for Tc Pipelines Lp (TCP) - Dividend Investor
Tc Pipelines Lp (TCP) Dividend History - Seeking Alpha


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