Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
TC Energy (TRP) — Dividend Profile
Utilities·Natural Gas Distribution
11y payment streak3y growth streakActiveQuarterly
Forward Yield
5.14%
@ $68.24
TTM Yield
5.02%
Forward Annual
$3.51
Quarterly
Market Cap
Payout (FCF)
Payout (Earnings)
Latest Amount
$0.8775
Ex 2026-03-31
3y CAGR
-31.9%
5y CAGR
-20.5%
10y CAGR
-3.7%
Next Ex-Date
2026-06-30
Last recorded cut on or near 2024-12-31.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Yellow2 of 6 red flags · 2 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (0.88)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (41.5%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
7/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Danger
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
0.45×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
⚠ Fired
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
⚠ Fired
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +25.2%
✓ OK
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (39)
Ex-DateAmountFrequencyPay DateType
2026-06-30$0.8775Quarterly2026-07-31recurring
2026-03-31$0.8775Quarterly2026-04-30recurring
2025-12-31$0.8500Quarterly2026-01-30recurring
2025-09-29$0.8500Quarterly2025-10-31recurring
2025-06-30$0.8500Quarterly2025-07-31recurring
2025-03-31$0.8500Quarterly2025-04-30recurring
2024-12-31$0.8225Quarterly2025-01-31recurring
2024-09-27$0.9600Quarterly2024-10-31recurring
2024-06-28$0.7014Quarterly2024-07-31recurring
2024-03-27$0.7085Quarterly2024-04-30recurring
2023-12-28$0.7032Quarterly2024-01-31recurring
2023-09-28$0.6879Quarterly2023-10-31recurring
2023-06-29$0.7024Quarterly2023-07-31recurring
2023-03-30$0.6872Quarterly2023-04-28recurring
2022-12-29$0.6645Quarterly2023-01-31recurring
2022-09-29$0.6566Quarterly2022-10-31recurring
2022-06-29$0.6984Quarterly2022-07-29recurring
2022-03-30$0.7202Quarterly2022-04-29recurring
2021-12-30$0.6862Quarterly2022-01-31recurring
2021-09-28$0.6828Quarterly2021-10-29recurring
2021-06-29$0.7020Quarterly2021-07-30recurring
2021-03-30$0.6918Quarterly2021-04-30recurring
2020-09-29$0.6072Quarterly2020-10-30recurring
2020-06-29$0.5944Quarterly2020-07-31recurring
2020-03-30$0.5709Quarterly2020-04-30recurring
2019-12-30$0.5775Quarterly2020-01-31recurring
2019-09-27$0.5663Quarterly2019-10-31recurring
2019-06-27$0.5731Quarterly2019-07-31recurring
2019-03-28$0.5613Quarterly2019-04-30recurring
2018-12-28$0.5058Quarterly2019-01-31recurring
2018-09-27$0.5330Quarterly2018-10-31recurring
2018-06-28$0.0524Quarterly2018-07-31recurring
2018-03-28$0.5351Quarterly2018-04-30recurring
2017-09-28$0.5008Quarterly2017-10-31recurring
2017-06-28$0.4816Quarterly2017-07-31recurring
2017-03-29$0.4696Quarterly2017-04-28recurring
2016-12-28$0.4208Quarterly2017-01-31recurring
2016-09-28$0.4307Quarterly2016-10-31recurring
2016-06-28$0.4343Quarterly2016-07-29recurring