TC Energy Corporation (NYSE:TRP) Shareholders Set to Receive C$0.88 Quarterly Dividend

Posted by Francis Steltz on Nov 6th, 2026

TC Energy Corporation (NYSE:TRP – Get Free Report) (TSE:TRP) announced a quarterly dividend on Thursday, November 5th. Investors of record on Thursday, December 31st will be given a dividend of C$0.88 per share by the pipeline company on Friday, January 29th. This represents a $3.51 annualized dividend and a yield of 5.6%. The ex-dividend date is Thursday, December 31st.

TC Energy has decreased its dividend by an average of 0.1% annually over the last three years and has raised its dividend every year for the last 1 years. TC Energy has a payout ratio of 88.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Analysts expect TC Energy to earn $2.91 per share next year, which means the company should continue to be able to cover its $2.53 annual dividend with an expected future payout ratio of 86.9%.

TC Energy Stock Performance

TC Energy stock opened at $62.56 on Friday. TC Energy has a 12-month low of $49.64 and a 12-month high of $71.47. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.61 and a quick ratio of 0.54. The company has a market capitalization of $62.56 billion, a price-to-earnings ratio of 25.96 and a beta of 0.64. The firm’s fifty day moving average price is $61.34 and its 200 day moving average price is $63.80.

TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last posted its quarterly earnings data on Thursday, November 5th. The pipeline company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. TC Energy had a net margin of 22.91% and a return on equity of 11.10%. During the same period in the previous year, the company posted $0.77 earnings per share. On average, research analysts forecast that TC Energy will post 2.79 EPS for the current fiscal year.

Hedge Funds Weigh In On TC Energy

A number of hedge funds have recently bought and sold shares of the company. Ritholtz Wealth Management grew its holdings in TC Energy by 0.9% in the 3rd quarter. Ritholtz Wealth Management now owns 23,202 shares of the pipeline company’s stock worth $1,341,000 after buying an additional 210 shares in the last quarter. M&G PLC increased its position in TC Energy by 9.7% in the 3rd quarter. M&G PLC now owns 747,229 shares of the pipeline company’s stock valued at $43,339,000 after acquiring an additional 66,373 shares during the period. Alps Advisors Inc. increased its position in TC Energy by 12.3% in the 3rd quarter. Alps Advisors Inc. now owns 27,614 shares of the pipeline company’s stock valued at $1,596,000 after acquiring an additional 3,030 shares during the period. Argonautica Private Wealth Management Inc. increased its position in TC Energy by 3.9% in the 3rd quarter. Argonautica Private Wealth Management Inc. now owns 15,474 shares of the pipeline company’s stock valued at $894,000 after acquiring an additional 576 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in TC Energy by 31.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 23,456 shares of the pipeline company’s stock valued at $1,355,000 after acquiring an additional 5,645 shares in the last quarter. 83.13% of the stock is currently owned by institutional investors and hedge funds.

About TC Energy

(Get Free Report)

TC Energy Corporation (NYSE: TRP) is a North American energy infrastructure company that develops and operates natural gas pipelines, storage facilities, power-generation assets and related energy infrastructure. Its natural gas pipeline network connects major supply basins with utilities, power producers, industrial customers and local distribution companies.

The company’s operations are primarily located in Canada and the United States, with additional natural gas pipeline interests in Mexico.