TC Energy Corporation (TRP) Dividends

TC Energy Corporation (TRP)

Today's Latest Price: $42.18 USD

0.18 (-0.42%)

Updated Oct 23 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 32 in Foreign Oil & Gas

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • TRP's average cash flow over the past 5.5 years is greater than merely 1.01% of current dividend paying stocks in the US.
  • TRP is producing more trailing twelve month cash flow than only 1.76% of US dividend stocks.
  • As for stocks whose price is uncorrelated with TRP's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CCOI, NICE, ISDR, ALSK and CYD.
TRP Ex-Dividend Date
TRP Dividend Yield
5.76%
TRP Annual Dividend
$2.43
TRP Payout Ratio

TRP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$42.18$84.32 96.22%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Tc Energy Corp, the DDM model, as implemented by StockNews, implies a positive return of 96.22% relative to its current price. Digging deeper, the aspects of Tc Energy Corp's dividend discount model that we found most interesting were:

  • Compared to other US stocks that pay a dividend, Tc Energy Corp produces a dividend yield 5.76% -- which falls in the top 17.2%.
  • In terms of opportunity, TRP's provides a return of 96.22% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 82.74% of all stocks we measured with our dividend discount model.
  • In comparison to its fellow dividend issuing stocks in the Energy sector, Tc Energy Corp has an equity discount rate lower than 82.41% of them.

TRP Dividend Chart


TRP Dividend History

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

TRP's dividend yield currently ranks #9 of 32 vs. its peers in the Foreign Oil & Gas category.
Rank Symbol Name Dividend Yield
1 TGA TransGlobe Energy Corporation - Ordinary Shares 17.72%
2 PBA Pembina Pipeline Corp. Ordinary Shares (Canada) 9.00%
3 ENB Enbridge Inc 8.46%
4 CNQ Canadian Natural Resources Limited 8.31%
5 EC Ecopetrol S.A. American Depositary Shares 8.16%
6 TOT Total S.A. 7.74%
7 PTR PetroChina Company Limited 7.65%
8 BP BP p.l.c. 7.36%
9 TRP TC Energy Corporation 5.76%
10 IMO Imperial Oil Limited 5.65%
11 RDS.B Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) 5.41%
12 PBR Petroleo Brasileiro S.A.- Petrobras 5.12%
13 CEO CNOOC Limited 4.90%
14 ERF Enerplus Corporation 4.86%
15 RDS.A Royal Dutch Shell PLC Royal Dutch Shell American Depositary Shares (Each representing two Class A Ordinary Shares) 4.43%
16 UGP Ultrapar Participacoes S.A. (New) American Depositary Shares (Each representing one Common Share) 2.68%
17 E ENI S.p.A. 2.36%
18 ECA Encana Corporation 2.11%
19 EQNR Equinor ASA 1.79%
20 GPRK Geopark Ltd Common Shares 1.07%
21 TGS Transportadora de Gas del Sur SA TGS 0.00%
22 FI Frank's International N.V. 0.00%
23 KOS Kosmos Energy Ltd. Common Shares (DE) 0.00%
24 PZE Petrobras Argentina S.A. ADS 0.00%
25 ZN Zion Oil 0.00%
26 SSL Sasol Ltd. American Depositary Shares 0.00%
27 YPF YPF Sociedad Anonima 0.00%
28 BXE Bellatrix Exploration Ltd (Canada) 0.00%
29 VAL Valaris plc 0.00%
30 VET Vermilion Energy Inc. Common (Canada) 0.00%
31 PGH Pengrowth Energy Corporation 0.00%
32 GTE Gran Tierra Energy Inc. 0.00%

Looking for More Information on TRP dividends?

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

Tc Energy Corp Common Stock (TRP) Dividend History | Nasdaq
Dividend History for Tc Energy Corp (TRP) - Dividend Investor
Tc Energy Corp (TRP) Dividend History - Seeking Alpha


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