TRP Dividend History & Analysis | 4.2% Yield

TRP has a dividend yield of 4.2% and paid 2.49 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.21%
Payout Ratio 70.0%
Growth Rate CAGR 5y -3.1%
Consistency Lifetime 93.1%
Yield on Cost 5y 7.2%
Payout FCF 100.8%
Streak Years -
Dividend Rating 24.6%
Chowder Number yield + growth 1.1% below 12% target for healthy growth
Yield vs Average 5y -29% avg 5.93% vs now 4.21%
Debt / EBITDA leverage 5.4x elevated
Income per 10k invested 421 USD per year
Dividends Cash Amount per Share Yearly TRP annual dividends paid per share, showing the total cash TC Energy distributed to shareholders each year.
Dividend Growth Year over Year TRP year-over-year dividend growth rate, showing how TC Energy's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TRP dividend yield history versus share price over the past 5 years, showing how TC Energy's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Storage & Transportation

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
INSW NYSE
International Seaways
4,108 M 12.30% 91.38%
BWLPG OL
BW G
3,088 M 11.72% 83.35%
BWLP NYSE
BW G
3,177 M 12.17% 77.05%
TK NYSE
Teekay
928 M 8.08% 70.12%
FRO OL
Frontline
8,094 M 9.83% 65.32%
FRO NYSE
Frontline
8,489 M 9.91% 60.15%
LPG NYSE
Dorian G
1,717 M 9.14% 57.57%
TRMD-A CO
TORM
3,026 M 9.69% 56.17%
NAT NYSE
Nordic American Tankers
1,307 M 14.13% 38.23%
HAFN NYSE
Hafnia
3,768 M 10.90% 37.86%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DHT NYSE
DHT Holdings
2,928 M 67.94% 83.8%
EE NYSE
Excelerate Energy
4,441 M 60.03% 100.0%
STNG NYSE
Scorpio Tankers
3,795 M 51.81% 100.0%
TEN NYSE
Tsakos Energy Navigation
1,151 M 52.75% 93.9%
INSW NYSE
International Seaways
4,108 M 58.14% 80.9%
TRGP NYSE
Targa Resources
58,673 M 44.05% 91.7%
NAT NYSE
Nordic American Tankers
1,307 M 46.08% 85.5%
PBA NYSE
Pembina Pipeline
27,647 M 39.90% 99.9%
GTT PA
Gaztransport & Technigaz SAS
7,941 M 35.67% 100.0%
UGP NYSE
Ultrapar Participacoes
6,413 M 33.24% 93.3%

TRP Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 1.38% 100
Apr - -
May - -
Jun 1.39% 100
Jul - -
Aug - -
Sep 2.09% 100
Oct - -
Nov - -
Dec 1.44% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 22 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-31 Quarterly 0.6335 +0.2% 0.93%
2026-03-31 2026-03-31 2026-04-30 Quarterly 0.6321 +4.3% 1.01%
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 0% 1.24%

TRP Dividend FAQ

What is the Dividend Yield of TRP?

As of July 2026, TRP's dividend yield is 4.21%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.49 USD by the current share price of 69.90.

Does TRP pay a dividend?

As of July 2026, TRP paid a dividend of 2.49 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.63352 USD.

How often does TRP pay dividends?

TRP pays dividends quarterly. Over the last 12 months, TRP has issued 4 dividend payments. The last dividend payment was made on 2026-06-30.

TRP dividend forecast

Based on historical data, the forecasted dividends per share for TRP for the next payments are between 0.582 (-8.1%) and 0.614 (-3.1%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 3.41%.

Will TRP pay dividends in 2026?

The latest dividend paid per share was 0.63352 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for TC Energy (TRP) is currently unknown.

What is the next Ex-Dividend Date for TRP?

The next Ex-Dividend date for TC Energy (TRP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TRP?

TRP's average dividend growth rate over the past 5 years is -3.08% 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 7.21%. If you bought TRP's shares at 34.56 USD five years ago, your current annual dividend income (2.49 USD per share, trailing 12 months) equals 7.21% of your original purchase price.

What is the Payout Consistency of TRP?

TRP Payout Consistency is 93.1%. 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 4.21% 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 70.0%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of TRP?

TRP's Overall Dividend Rating is 24.59%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRP Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TRP's Outstanding Shares?

TC Energy's outstanding shares have increased by approximately 0.21% annually over the past 3 years (Trend Reliability: 95.0%). 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 0%
1986 124,145,000 +0.79%
1987 149,909,000 +20.75%
1988 149,909,000 0%
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%
2026 1,042,000,000 +0.1%

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: 2026-07-06 02:06 UTC