TCP Price Forecast Based on Dividend Discount Model

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 Dividends vs. Peers