TRP Dividend History & Analysis | 4.8% Yield

TRP has a dividend yield of 4.8% and paid 3.07 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.78%
Payout Ratio 81.6%
Growth Rate CAGR 5y -7.15%
Consistency Lifetime 91.5%
Yield on Cost 5y 8.88%
Payout FCF 175.4%
Streak Years -
Dividend Rating 25.45%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 39.2%
Total Return 5y: 83.2%

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
BWLP 2,579 M 15.8% 53.9%
TK 855 M 13.3% 55.3%
TRMD 2,804 M 13.1% 43.4%
LPG 1,426 M 8.85% 42.8%
INSW 3,616 M 10.2% 39.0%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SOBO 7,179 M 300% 100%
TK 855 M 106% 69.8%
TEN 1,149 M 82.1% 82.8%
EE 3,817 M 77.6% 100%
TRGP 53,845 M 75.0% 90.5%

Quality Dividend Peers in Oil & Gas Storage & Transportation

WES
Western Midstream
 9.51% Yield
PAA
Plains All American
 8.83% Yield
PAGP
Plains GP Holdings
 8.31% Yield
HESM
Hess Midstream Partners
 8.15% Yield
INSW
International Seaways
 10.24% Yield
GTT
Gaztransport
 4.73% Yield

TRP Dividend History: Last 50 Payments (USD) as of March 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-31 2026-03-31 2026-04-30 Quarterly 0.64 5.6% N/A
2025-12-31 2025-12-31 2026-01-30 Quarterly 0.6059 -2.1% 1.09%
2025-09-29 2025-09-29 2025-10-31 Quarterly 0.6191 1.4% 1.17%
2025-06-30 2025-06-30 2025-07-31 Quarterly 0.6103 1.9% 1.27%
2025-03-31 2025-03-31 2025-04-30 Quarterly 0.5991 1.8% 1.27%
2024-12-31 2024-12-31 2025-01-31 Quarterly 0.5884 -9.4% 1.28%
2024-09-27 2024-09-27 2024-10-31 Quarterly 0.6492 1.6% 1.37%
2024-06-28 2024-06-28 2024-07-31 Quarterly 0.6388 -0.9% 1.69%
2024-03-27 2024-03-28 2024-04-30 Quarterly 0.6444 -8.5% 1.62%
2023-12-28 2023-12-29 2024-01-31 Quarterly 0.7042 -0.3% 1.78%
2023-09-28 2023-09-29 2023-10-31 Quarterly 0.7066 3.5% 2%
2023-06-29 2023-06-30 2023-07-31 Quarterly 0.6824 -2.1% 1.72%
2023-03-30 2023-03-31 2023-04-28 Quarterly 0.6969 2.8% 1.77%
2022-12-29 2022-12-30 2023-01-31 Quarterly 0.6781 -3.1% 1.72%
2022-09-29 2022-09-30 2022-10-31 Quarterly 0.7001 6.7% 1.66%
2022-09-28 0.656 -6.1% 1.55%
2022-06-29 2022-06-30 2022-07-29 Quarterly 0.6988 -1.1% 1.32%
2022-03-30 2022-03-31 2022-04-29 Quarterly 0.7066 14% 1.22%
2021-12-30 2021-12-31 2022-01-31 Quarterly 0.6197 -11.3% 1.33%
2021-09-29 0.699 12% 1.45%
2021-09-28 2021-09-30 2021-10-29 Quarterly 0.6239 -11.5% 1.24%
2021-06-29 2021-06-30 2021-07-30 Quarterly 0.7052 12.3% 1.41%
2021-03-30 2021-03-31 2021-04-30 Quarterly 0.6282 9% 1.34%
2020-12-30 2020-12-31 2021-01-29 Quarterly 0.5764 -4.5% N/A
2020-09-29 2020-09-30 2020-10-30 Quarterly 0.6035 4.5% N/A
2020-06-29 2020-06-30 2020-07-31 Quarterly 0.5775 -5.6% N/A
2020-03-30 2020-03-31 2020-04-30 Quarterly 0.6118 6.8% N/A
2019-12-30 2019-12-31 2020-01-31 Quarterly 0.5731 11% N/A
2019-09-27 2019-09-30 2019-10-31 Quarterly 0.5163 -0.9% N/A
2019-06-27 2019-06-28 2019-07-31 Quarterly 0.5209 2.4% N/A
2019-03-28 2019-03-29 2019-04-30 Quarterly 0.5088 10.4% N/A
2018-12-28 2018-12-31 2019-01-31 Quarterly 0.461 -4.2% N/A
2018-09-27 2018-09-28 2018-10-31 0.4811 -26% N/A
2018-08-03 0.65 37.2% N/A
2018-06-28 2018-06-29 2018-07-31 Quarterly 0.4739 -2.8% N/A
2018-03-28 2018-03-29 2018-04-30 Quarterly 0.4877 7.9% N/A
2017-12-28 2017-12-29 2018-01-31 Quarterly 0.4522 -1% N/A
2017-09-28 2017-09-29 2017-10-31 Quarterly 0.4567 4.8% N/A
2017-06-28 2017-06-30 2017-07-31 Quarterly 0.4358 2.4% N/A
2017-03-29 2017-03-31 2017-04-28 Quarterly 0.4255 -24.7% N/A
2016-12-29 0.565 49% N/A
2016-12-28 2016-12-30 2017-01-31 Quarterly 0.3792 -2.3% N/A
2016-09-28 2016-09-30 2016-10-31 Quarterly 0.3882 -31.3% N/A
2016-08-29 0.565 43.6% N/A
2016-06-28 2016-06-30 2016-07-29 Quarterly 0.3934 0.6% N/A
2016-03-29 2016-03-31 2016-04-29 Quarterly 0.391 14.3% N/A
2015-12-29 2015-12-31 2016-01-29 Quarterly 0.3421 -3.4% N/A
2015-09-28 2015-09-30 2015-10-30 Quarterly 0.3543 -31.9% N/A
2015-08-27 0.52 35.9% N/A
2015-06-26 2015-06-30 2015-07-31 Quarterly 0.3826 0% N/A

TRP Dividend FAQ

TC Energy Corp (NYSE: TRP) is a North-American energy-infrastructure operator with assets spanning Canada, the United States and Mexico. The business is organized into four segments-Canadian, U.S., and Mexico natural-gas pipelines, plus Power & Energy Solutions-and owns roughly 94,000 km of pipelines, regulated storage capacity of 532 bcf, non-regulated storage of 118 bcf, and about 4,650 MW of generation assets.

What is the Dividend Yield of TRP?

As of March 2026, TRP`s dividend yield is 4.78%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.07 USD by the current share price of 63.46.

Does TRP pay a dividend?

As of March 2026, TRP paid a dividend of 3.07 USD in the last 12 months. The last dividend was paid on 2026-03-31 and the payout was 0.64 USD.

How often does TRP pay dividends?

TRP pays dividends quarterly. Over the last 12 months, TRP has issued 5 dividend payments. The last dividend payment was made on 2026-03-31.

TRP dividend forecast

Based on historical data, the forecasted dividends per share for TRP for the next payments are between 0.587 (-8.3%) and 0.629 (-1.7%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 3.85%.

Will TRP pay dividends in 2026?

The latest dividend paid per share was 0.64 USD with an Ex-Dividend Date of 2026-03-31. The next Ex-Dividend date for TC Energy (TRP) is 2026-03-31.

What is the next Ex-Dividend Date for TRP?

The next Ex-Dividend date for TC Energy (TRP) is 2026-03-31.

What is the Dividend Growth of TRP?

TRP's average dividend growth rate over the past 5 years is -7.15% per year.
Negative growth: TRP's Dividend growth is negative and declining.

What is the Yield on Cost of TRP?

TRP's 5-Year Yield on Cost is 8.88%. If you bought TRP's shares at 34.64 USD five years ago, your current annual dividend income (3.07 USD per share, trailing 12 months) equals 8.88% of your original purchase price.

What is the Payout Consistency of TRP?

TRP Payout Consistency is 91.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: TC Energy has a strong track record of consistent dividend payments over its lifetime.

Does TRP have a good Dividend Yield?

TRP`s 4.78% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of TRP?

The Dividend Payout Ratio of TRP is 81.6%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of TRP?

TRP`s Overall Dividend Rating is 25.45%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRP Outstanding Shares Analysis

What is the Trend in TRP's Outstanding Shares?

TC Energy's outstanding shares have increased by approximately 0.19% annually over the past 3 years (Trend Reliability: 100.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has TRP ever had a Stock Split?

Yes, the last stock split was on Feb 13, 1984 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 123,173,000
1986 124,145,000 +0.79%
1987 149,909,000 +20.75%
1988 149,909,000
1989 152,642,000 +1.82%
1990 153,925,000 +0.84%
1991 171,334,700 +11.31%
1992 217,154,200 +26.74%
1993 220,884,900 +1.72%
1994 223,303,900 +1.1%
1995 227,947,400 +2.08%
1996 242,852,100 +6.54%
1997 232,832,600 -4.13%
1998 508,343,600 +118.33%
1999 474,500,000 -6.66%
2000 475,100,000 +0.13%
2001 477,000,000 +0.4%
2002 481,900,000 +1.03%
2003 486,100,000 +0.87%
2004 487,900,000 +0.37%
2005 490,100,000 +0.45%
2006 511,000,000 +4.26%
2007 543,000,000 +6.26%
2008 619,000,000 +14%
2009 687,000,000 +10.99%
2010 699,000,000 +1.75%
2011 704,000,000 +0.72%
2012 705,000,000 +0.14%
2013 708,000,000 +0.43%
2014 710,000,000 +0.28%
2015 708,000,000 -0.28%
2016 833,000,000 +17.66%
2017 879,000,000 +5.52%
2018 915,000,000 +4.1%
2019 938,000,000 +2.51%
2020 940,000,000 +0.21%
2021 981,000,000 +4.36%
2022 1,016,000,000 +3.57%
2023 1,037,000,000 +2.07%
2024 1,038,000,000 +0.1%
2025 1,041,000,000 +0.29%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-21 02:39