TransCanada PipeLines Limited 6

TCPA

Stock · quarterly payer

$19.64

Overvalued · -48% Add to Portfolio

Forward Yield

3.98%

Annual Dividend

$0.78

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about TCPA's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, TransCanada PipeLines Limited 6 (TCPA) has a forward dividend yield of 3.98%, based on an annual dividend of $0.78 per share and a share price of $19.64.
TCPA has never cut its regular dividend in the payment history SmarterDividends has on record.
TCPA's most recent ex-dividend date was Oct 16, 2026, for a dividend of $0.39 per share.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TCPA is $10.23 per share, 48% below the $19.64 share price, so TCPA screens as overvalued.
TransCanada PipeLines Limited 6 (TCPA) pays its dividend quarterly, 4 times a year.
TransCanada PipeLines Limited 6 (TCPA) has raised its regular dividend 0 times and cut it 0 times across the 2 payments on record since 2026. The regular dividend has not changed in that time.

Cite this page

SmarterDividends, "TCPA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TCPA

Summary

As of Oct 18, 2026, TransCanada PipeLines Limited 6 (TCPA) yields 3.98% ($0.78 a year per share).

Is TCPA a good dividend stock?

Mixed

TransCanada PipeLines Limited 6 (TCPA) pays a quarterly dividend yielding 3.98% ($0.78/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

Never cut its dividend on record

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 3.98%
Payout Ratio: —
Annual Dividend: $0.78
5-Yr Avg Growth: —
Ex-Dividend Date: —
Years of Growth: 0
Frequency: quarterly
Beta: —
Market Cap: —
P/E Ratio: —
5-Yr Total Return: —
52-Week Range: $19.55 – $24.99
Dividend Safety: —
Ever Cut?: No

TCPA dividend raises and cuts

TransCanada PipeLines Limited 6 (TCPA) has raised its regular dividend 0 times and cut it 0 times across the 2 payments on record since 2026. The regular dividend has not changed in that time.

Every TCPA payment →Download every raise and cut (CSV)

TCPA ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →TCPA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TCPA a good dividend stock?

Mixed. TransCanada PipeLines Limited 6 (TCPA) pays a quarterly dividend yielding 3.98% ($0.78/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Is TCPA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TCPA's fair value is about $10.23 versus a $19.64 share price — so it looks overvalued (-48% vs. fair value).

What is TCPA's fair value?

Our blended fair-value estimate for TCPA is about $10.23 per share, about 48% below the current $19.64 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TCPA a buy, hold, or sell?

We don't issue formal ratings, but on the data TCPA screens as "mixed" and overvalued. TransCanada PipeLines Limited 6 (TCPA) pays a quarterly dividend yielding 3.98% ($0.78/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.