--- title: "TC Energy Corporation (NYSE:TRP) to Issue C$0.88 Quarterly Dividend" type: "News" locale: "en" url: "https://longbridge.com/en/news/284945284.md" description: "TC Energy Corporation (NYSE:TRP) has declared a quarterly dividend of C$0.88, payable on July 31 to shareholders of record as of June 30. This represents an annualized yield of 5.3%. The company has a dividend payout ratio of 88.4%, indicating that its dividend is currently covered by earnings. TC Energy's stock recently traded at $66.62, down 0.5%, with a market cap of $69.40 billion. Analysts expect the company to earn $2.87 per share next year, allowing it to maintain its dividend payments." datetime: "2026-05-01T22:14:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284945284.md) - [en](https://longbridge.com/en/news/284945284.md) - [zh-HK](https://longbridge.com/zh-HK/news/284945284.md) --- # TC Energy Corporation (NYSE:TRP) to Issue C$0.88 Quarterly Dividend **TC Energy Corporation** (NYSE:TRP - Get Free Report) TSE: TRP declared a quarterly dividend on Friday, May 1st. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.8775 per share by the pipeline company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, June 30th. - 3 Boring Infrastructure Stocks That Could Beat the Market in 2026 TC Energy has decreased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. TC Energy has a dividend payout ratio of 88.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings decline. Equities analysts expect TC Energy to earn $2.87 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 87.8%. ## TC Energy Trading Down 0.5% Shares of TRP traded down $0.31 during trading hours on Friday, hitting $66.62. The stock had a trading volume of 2,333,769 shares, compared to its average volume of 2,616,844. TC Energy has a 12-month low of $46.29 and a 12-month high of $67.31. The firm has a market cap of $69.40 billion, a P/E ratio of 28.66 and a beta of 0.69. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.56 and a current ratio of 0.63. The company's fifty day simple moving average is $63.11 and its 200 day simple moving average is $57.76. - Bet on These 3 High-Yield Stocks as Natural Gas Demand Grows TC Energy (NYSE:TRP - Get Free Report) TSE: TRP last announced its quarterly earnings results on Friday, February 13th. The pipeline company reported $0.70 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.05. TC Energy had a net margin of 23.04% and a return on equity of 10.52%. The firm had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.94 billion. During the same period in the previous year, the company posted $1.05 earnings per share. Equities research analysts forecast that TC Energy will post 2.76 EPS for the current fiscal year. ## Institutional Investors Weigh In On TC Energy Several hedge funds and other institutional investors have recently added to or reduced their stakes in TRP. Wealthstar Advisors LLC boosted its holdings in TC Energy by 1.5% during the first quarter. Wealthstar Advisors LLC now owns 11,465 shares of the pipeline company's stock worth $718,000 after buying an additional 165 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its stake in shares of TC Energy by 2.0% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 9,991 shares of the pipeline company's stock valued at $544,000 after acquiring an additional 200 shares during the last quarter. Gold Investment Management Ltd. increased its stake in shares of TC Energy by 2.0% in the 4th quarter. Gold Investment Management Ltd. now owns 9,964 shares of the pipeline company's stock valued at $549,000 after acquiring an additional 200 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of TC Energy by 2.8% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 7,342 shares of the pipeline company's stock valued at $399,000 after acquiring an additional 202 shares during the period. Finally, Kennebec Savings Bank raised its position in shares of TC Energy by 2.1% in the 4th quarter. Kennebec Savings Bank now owns 9,854 shares of the pipeline company's stock valued at $542,000 after acquiring an additional 203 shares during the period. Hedge funds and other institutional investors own 83.13% of the company's stock. ## About TC Energy (Get Free Report) - Equitrans Midstream Surges 40% On Debt Ceiling Deal TC Energy NYSE: TRP is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent. The company's principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation. ## Read More - Five stocks we like better than TC Energy _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in TC Energy Right Now? Before you consider TC Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TC Energy wasn't on the list. While TC Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [TRP.US](https://longbridge.com/en/quote/TRP.US.md) ## Related News & Research - [TC Energy beats first-quarter profit estimates](https://longbridge.com/en/news/284885426.md) - [TC Energy Sets May 7, 2026 Virtual-Only Annual Shareholders’ Meeting](https://longbridge.com/en/news/278629120.md) - [Pizza Pizza Royalty slashes monthly dividend by 12.9% to CAD 0.0675 a share](https://longbridge.com/en/news/286714154.md) - [3 dividend kings to buy and hold for 20 years](https://longbridge.com/en/news/286946243.md) - [Richards Group Inc. Announces May 2026 Dividend | RPKIF Stock News](https://longbridge.com/en/news/286925142.md)