SmarterDividends
TCAN

TC Energy Corporation

TCANF

Energy · Stock · quarterly payer

Forward Yield

5.96%

Annual Dividend

$0.83

Payout Ratio

5-Yr Growth

-3.6%

Ex-Date

Jun 30, 2026

Frequency

Quarterly

TCANF Dividend Safety Score

46/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2022
Balance-sheet strengthDebt/equity of 1.67
Yield vs its historyYield is 1.4× its 5-yr average — elevated

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 TCANF a good dividend stock?

Mixed

TC Energy Corporation (TCANF) pays a quarterly dividend yielding 5.96% ($0.83/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Dividend has been shrinking, not growing
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    5.96%
    Payout Ratio
    Annual Dividend
    $0.83
    5-Yr Avg Growth
    -3.6%
    Ex-Dividend Date
    Jun 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.98
    Market Cap
    P/E Ratio
    5.5
    5-Yr Total Return
    9%
    52-Week Range
    $5.39 – $14.33
    Dividend Safety
    D · 46/100
    Ever Cut?
    Yes (2022)
    TCANF ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.83 / yr per share

    Per payment (quarterly)$20.75
    Annual$83.00
    Monthly avg$6.92