TC Energy Corporation
TNCAFEnergy · Stock · weekly payer
Forward Yield
4.86%
Annual Dividend
$0.76
Payout Ratio
—
5-Yr Growth
11.1%
Ex-Date
Aug 31, 2026
Frequency
Weekly
Summary
As of September 2026, TC Energy Corporation (TNCAF) yields 4.86% ($0.76 per share annually), with a blended fair-value estimate of $29.96 — +91% upside, so it screens as undervalued. Dividend safety grade: C (52/100).
Is TNCAF a good dividend stock?
MixedTC Energy Corporation (TNCAF) pays a weekly dividend yielding 4.86% ($0.76/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 11.1% 5-yr dividend growth
- 54% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 4.86%
- Payout Ratio
- —
- Annual Dividend
- $0.76
- 5-Yr Avg Growth
- 11.1%
- Ex-Dividend Date
- Aug 31, 2026
- Years of Growth
- 0
- Frequency
- weekly
- Beta
- 0.95
- Market Cap
- —
- P/E Ratio
- 6.2
- 5-Yr Total Return
- 54%
- 52-Week Range
- $12.50 – $15.70
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
TNCAF Price — Last 12 Months
Daily close
Price Return
1 Year
+18%
3 Years
+50%
5 Years
+54%
52-Week Range
$12.50 – $15.70
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TNCAF worth?
Undervaluedlow confidenceOur blended fair-value estimate for TC Energy Corporation is $29.96 per share, versus a market price of $15.70. That implies 91% of upside — a margin of safety of about 48%.
Fair Value
$29.96
Current Price
$15.70
Upside
+91%
Margin of Safety
48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 6.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.0% discount rate (CAPM), 6.3% stage-1 growth, 2.5% terminal growth, $2.54 EPS, $0.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TNCAF Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 31, 2026 | — | $0.1903 | regular |
| Aug 31, 2026 | — | $0.1907 | regular |
| Aug 31, 2026 | — | $0.1900 | regular |
| Aug 31, 2026 | — | $0.1915 | regular |
| Aug 31, 2026 | — | $0.1913 | regular |
| Aug 31, 2026 | — | $0.1918 | regular |
| Aug 31, 2026 | — | $0.1911 | regular |
| Aug 31, 2026 | — | $0.1911 | regular |
| Aug 31, 2026 | — | $0.1907 | regular |
| Aug 31, 2026 | — | $0.1912 | regular |
| Aug 31, 2026 | — | $0.1917 | regular |
| Aug 31, 2026 | — | $0.1920 | regular |
| Aug 31, 2026 | — | $0.1906 | regular |
| Aug 31, 2026 | — | $0.1902 | regular |
Income Calculator
At $0.76 / yr per share
