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TRP / It's The Best Time In 23 Years To Buy 8% Yielding TC Energy

It's The Best Time In 23 Years To Buy 8% Yielding TC Energy
TC Energy Corporation's yield just hit a 23-year high of 8%, yet the dividend is very conservative and in 2025 TRP becomes a dividend aristocrat. TC Energy announced a spinoff and asset sale that will allow it to grow 7% over time, generating 15% long-term return potential, better than the Nasdaq but with an 8% yield. The company has a self-funding business model, an industry low 50% payout ratio, and the 2nd strongest credit rating in midstream. Read More
Posted: Aug 3 2023, 07:20
Author Name: Seeking Alpha
Views: 112231

TRP News  

TC Energy is exploring stake sales of assets worth $10 bln - Bloomberg News

By Reuters
October 27, 2023

TC Energy is exploring stake sales of assets worth $10 bln - Bloomberg News

Canadian pipeline operator TC Energy is exploring a multibillion-dollar asset sale plan to lower its debt and fund new investments, Bloomberg News rep more_horizontal

TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks

By Seeking Alpha
October 23, 2023

TC Energy Preferred Stocks: Better Than Any U.S. Preferred Stocks

TC Energy (TRP) preferred stocks are investment grade rated BBB- by S&P with yields that are far superior to U.S. preferred stocks of similar quality. more_horizontal

US regulator approves TC Energy's gas pipeline expansion in Pacific Northwest

By Proactive Investors
October 20, 2023

US regulator approves TC Energy's gas pipeline expansion in Pacific Northwest

The United States Federal Energy Regulatory Commission (FERC) on Thursday approved the expansion of TC Energy's Gas Transmission Northwest (GTN), know more_horizontal

TC Energy's (TRP) Keystone Pipeline Restarts at 50% Capacity

By Zacks Investment Research
October 6, 2023

TC Energy's (TRP) Keystone Pipeline Restarts at 50% Capacity

TC Energy's (TRP) Keystone crude oil pipeline is back at 50% capacity, after being halted for maintenance work. more_horizontal

TC Energy's Coastal GasLink pipeline fined for environmental non-compliance

By Reuters
September 21, 2023

TC Energy's Coastal GasLink pipeline fined for environmental non-compliance

British Columbia has fined Coastal GasLink, the natural gas pipeline being built by TC Energy , C$346,000 ($256,810) for non-compliance with environme more_horizontal

TC Energy (TRP) Completes Bruce Power's Unit 6 MCR in Ontario

By Zacks Investment Research
September 19, 2023

TC Energy (TRP) Completes Bruce Power's Unit 6 MCR in Ontario

TC Energy (TRP) achieves the Unit 6 milestone in Bruce Power's clean energy initiative, boosting clean energy and expanding operations in Ontario to 2 more_horizontal

TC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock Appealing

By Seeking Alpha
September 5, 2023

TC Energy: Growth Business Strategy And Attractive 7.5% Dividend Yield Make Stock Appealing

TC Energy is a prominent energy infrastructure company operating in the US, Canada, and Mexico. The company's separated assets and infrastructures in more_horizontal

TC Energy (TRP) Plans a Stake Sale in NGTL to Indigenous Groups

By Zacks Investment Research
August 25, 2023

TC Energy (TRP) Plans a Stake Sale in NGTL to Indigenous Groups

TC Energy (TRP) files for selling a stake in NGTL system to indigenous groups as part of its deleveraging plan. more_horizontal


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