TC Energy declares quarterly dividends
Rhea-AI Summary
TC Energy (TRP) has announced its quarterly dividend declarations. The company will pay a dividend of $0.85 per common share for Q2 2025, payable on July 31, 2025, to shareholders of record as of June 30, 2025. Additionally, TC Energy declared dividends on various series of Cumulative First Preferred Shares, with payments scheduled between May and July 2025.
The company confirmed that these dividends qualify as eligible dividends under Canadian tax law, offering enhanced dividend tax credits for Canadian residents. Common shares purchased through TC Energy's Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the Toronto Stock Exchange at 100% of the weighted average purchase price.
Positive
- Maintained quarterly dividend of $0.85 per common share
- Dividends qualify for enhanced tax credits for Canadian residents
- Offers Dividend Reinvestment Plan (DRP) for both common and preferred shares
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TRP declined 0.79%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced that its Board of Directors (Board) has declared a quarterly dividend of
The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:
- For the period up to but excluding June 30, 2025, payable on June 30, 2025, to shareholders of record at the close of business on June 2, 2025:
- For the period up to but excluding July 30, 2025, payable on July 30, 2025, to shareholders of record at the close of business on June 30, 2025:
- Series 5 (TRP.PR.C) -
$0.12 18125 per share - Series 6 (TRP.PR.I) -
$0.26 08459 per share - Series 7 (TRP.PR.D) -
$0.37 40625 per share - Series 9 (TRP.PR.E) -
$0.31 75 per share - Series 10 (TRP.PR.L) -
$0.31 13322 per share
- Series 5 (TRP.PR.C) -
- For the period up to but excluding May 30, 2025, payable on May 30, 2025, to shareholders of record at the close of business on May 15, 2025:
- Series 11 (TRP.PR.G) -
$0.20 94375 per share
- Series 11 (TRP.PR.G) -
These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
Common shares purchased with reinvested cash dividends under TC Energy’s Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the Toronto Stock Exchange at 100 per cent of the weighted average purchase price. The DRP is available for dividends payable on TC Energy’s common and preferred shares.
About TC Energy
We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.
TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.
FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.
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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859
Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522
PDF available: http://ml.globenewswire.com/Resource/Download/11eb888b-bc1d-40d5-a225-dbd83e99ee7c
FAQ
What is TC Energy's (TRP) dividend payment for Q2 2025?
When is the record date for TC Energy's Q2 2025 dividend?
Are TC Energy's dividends eligible for tax credits in Canada?
How does TC Energy's Dividend Reinvestment Plan (DRP) work?
