SmarterDividends
TRPE

TC Energy Corp.

TRPEF

Energy · Stock · monthly payer

Forward Yield

14.07%

Annual Dividend

$3.43

Payout Ratio

5-Yr Growth

Ex-Date

Jun 1, 2026

Frequency

Monthly

TRPEF Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Balance-sheet strengthDebt/equity of 1.67
Yield vs its historyYield is 2.3× 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 TRPEF a good dividend stock?

Mixed

TC Energy Corp. (TRPEF) pays a monthly dividend yielding 14.07% ($3.43/yr), with 1 year 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

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
14.07%
Payout Ratio
Annual Dividend
$3.43
5-Yr Avg Growth
Ex-Dividend Date
Jun 1, 2026
Years of Growth
1
Frequency
monthly
Beta
0.98
Market Cap
P/E Ratio
5-Yr Total Return
52-Week Range
$9.95 – $10.50
Dividend Safety
C · 55/100
Ever Cut?
No
TRPEF ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.43 / yr per share

Per payment (monthly)$28.57
Annual$342.80
Monthly avg$28.57