SmarterDividends
TRPE

TC Energy Corporation

TRPEF

Energy · Oil & Gas Midstream · Stock · quarterly payer

$14.00

Fairly valued · -14% Add to Portfolio

Forward Yield

5.17%

Annual Dividend

$0.72

Payout Ratio

—

5-Yr Growth

—

Ex-Date

Aug 31, 2026

Frequency

Quarterly

Key facts about TRPEF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 22, 2026, TC Energy Corporation (TRPEF) has a forward dividend yield of 5.17%, based on an annual dividend of $0.72 per share and a share price of $14.00.
  • As of Oct 22, 2026, TRPEF's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
  • TRPEF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TRPEF's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.18 per share.
  • As of Oct 22, 2026, TRPEF's 5.17% yield is 60% above its five-year average yield of 3.23%.
  • As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for TRPEF is $11.98 per share, 14% below the $14.00 share price, so TRPEF screens as fairly valued.
  • TC Energy Corporation (TRPEF) pays its dividend quarterly, 4 times a year.
  • TC Energy Corporation (TRPEF) has raised its regular dividend 2 times and cut it 0 times across the 9 payments on record since 2024. Its most recent change was a 142.1% increase to $0.183 per share, going ex-dividend on Sep 3, 2025.
Cite this page

SmarterDividends, "TRPEF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/TRPEF

Summary

As of Oct 22, 2026, TC Energy Corporation (TRPEF) yields 5.17% ($0.72 a year per share) and has a dividend safety grade of C (61/100).

Is TRPEF a good dividend stock?

Yes, with caveats

TC Energy Corporation (TRPEF) pays a quarterly dividend yielding 5.17% ($0.72/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
5.17%
Payout Ratio
—
Annual Dividend
$0.72
5-Yr Avg Growth
—
Ex-Dividend Date
Aug 31, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.98
Market Cap
—
P/E Ratio
—
5-Yr Total Return
—
52-Week Range
$10.50 – $14.00
Dividend Safety
C · 61/100
Ever Cut?
No

TRPEF dividend raises and cuts

TC Energy Corporation (TRPEF) has raised its regular dividend 2 times and cut it 0 times across the 9 payments on record since 2024. Its most recent change was a 142.1% increase to $0.183 per share, going ex-dividend on Sep 3, 2025.

Ex-dateChangeOld → newMove
Sep 3, 2025Raise$0.0755 → $0.183+142.1%
Jun 2, 2025Raise$0.0749 → $0.0755+0.8%
Every TRPEF payment →Download every raise and cut (CSV)
TRPEF ex-dividend date & scheduleNext ex-date Aug 31, 2026 · full ex-dividend historyView →TRPEF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TRPEF a good dividend stock?

Yes, with caveats. TC Energy Corporation (TRPEF) pays a quarterly dividend yielding 5.17% ($0.72/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is TRPEF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TRPEF's fair value is about $11.98 versus a $14.00 share price — so it looks fairly valued (-14% vs. fair value).

Is TRPEF's dividend safe?

TRPEF has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TRPEF's fair value?

Our blended fair-value estimate for TRPEF is about $11.98 per share, about 14% below the current $14.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TRPEF a buy, hold, or sell?

We don't issue formal ratings, but on the data TRPEF screens as "yes, with caveats" and fairly valued. TC Energy Corporation (TRPEF) pays a quarterly dividend yielding 5.17% ($0.72/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will TRPEF cut its dividend?

TRPEF earns a dividend-safety grade of C (61/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TRPEF pay a dividend?

Yes. TC Energy Corporation pays a quarterly dividend of about $0.72 per share annually, a forward yield of roughly 5.17%.

What is TRPEF's dividend yield?

As of Oct 22, 2026, TRPEF's forward dividend yield is 5.17%, based on a $0.72 annual dividend and a $14.00 share price.

What is TRPEF's dividend per share?

As of Oct 22, 2026, TRPEF pays $0.72 per share per year, distributed on a quarterly basis.

How many years has TRPEF grown its dividend?

As of Oct 22, 2026, TRPEF has increased its dividend for 1 consecutive years.

When is the next TRPEF ex-dividend date?

As of Oct 22, 2026, TRPEF's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.18 per share.

Income Calculator

At $0.72 / yr per share

Per payment (quarterly)$18.00
Annual$72.00
Monthly avg$6.00

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