SmarterDividends
TRP

TC Energy Corporation

TRP

Energy · Stock · quarterly payer

Forward Yield

3.72%

Annual Dividend

$2.57

Payout Ratio

101%

5-Yr Growth

2.2%

Ex-Date

Jun 30, 2026

Frequency

Quarterly

TRP Dividend Safety Score

59/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage101% of earnings paid out
Balance-sheet strengthDebt/equity of 1.67
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is TRP a good dividend stock?

Yes, with caveats

TC Energy Corporation (TRP) pays a quarterly dividend yielding 3.72% ($2.57/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2015
    • Elevated payout ratio (101%)

    Key Data

    Dividend Yield
    3.72%
    Payout Ratio
    101%
    Annual Dividend
    $2.57
    5-Yr Avg Growth
    2.2%
    Ex-Dividend Date
    Jun 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.98
    Market Cap
    $71.8B
    P/E Ratio
    28.1
    5-Yr Total Return
    39%
    52-Week Range
    $46.29 – $71.47
    Dividend Safety
    C · 59/100
    Ever Cut?
    Yes (2015)
    TRP ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $2.57 / yr per share

    Per payment (quarterly)$64.25
    Annual$257.00
    Monthly avg$21.42