Is TC Energy Corporation a good dividend stock?

TC Energy Corporation (TRP) is a dividend-paying stock with a current dividend yield of 3.57%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is TRP's dividend yield?

The dividend yield for TRP stock is currently 3.57%.

How much does TRP pay in dividends per year?

TC Energy Corporation pays an annual dividend of $2.4779 per share over the trailing twelve months.

How often does TRP pay dividends?

TRP stock pays dividends quarterly.

Is TRP's dividend growing?

TC Energy Corporation's 3-year dividend CAGR is -9.68%.

TRP Stock Price, Chart, Stats & News

TC Energy Corporation

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Overview Dividend safety Dividends Fundamentals

TC Energy Corporation (TRP) is a dividend-paying stock with a current dividend yield of 3.57% as of Jul 15, 2026. It pays $2.48 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a -1.25% 5-year compound annual rate.

72.36B

Market cap

27.03x

Current P/E

25.97x

Forward P/E

3.57%

Dividend yield

$2.48

TRP dividend

Dividend safety

At-risk

TRP pays out about 96% of earnings, leaving little safety margin.

See the safety analysis

TRP chart

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Fundamentals

Gross margin	49.85%
Operating margin	44.03%
Pretax margin	35.94%
Net margin	23.23%
Effective tax rate	20.90%
ROA	2.97%
ROE	12.80%
D/E	2.23x
Interest coverage ratio	2.23x

All financials

TRP valuation

P/E	27.03x
P/S	6.06x
P/B	3.36x
P/CF	12.49x
P/FCF	44.46x
P/OCF	12.49x
PEG	61.21x
EV multiple	2.91x

About

TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U. S.