TC Energy Corp T.TRP

Alternate Symbol(s): T.TRP.PR.A | TCEYF | T.TRP.PR.B | TRPEF | T.TRP.PR.C | TCANF | T.TRP.PR.D | TRPPF | TRPRF | T.TRP.PR.E | T.TRP.PR.F | TNCAF | T.TRP.PR.G | TCNCF | T.TRP.PR.H | TCENF | T.TRP.PR.I | TRP | T.TRP.PR.L

Energy Oil & Gas Midstream

TC Energy Corporation is a Canada-based energy problem solver working to move, generate and store the energy in North America. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines and Mexico Natural Gas Pipelines, Liquids Pipelines and Power and Energy Solutions. The Company's business includes Energy Solutions, Natural Gas, Oil and Liquids and Power and Storage. The Natural Gas business includes its 93,300 kilometers (km) (57,900 miles) network of natural gas pipelines, which supplies more than 25 % of the clean-burning natural gas consumed daily across North America to heat homes, fuel industries and generate power. The Oil and Liquids business has its oil & liquids pipeline infrastructure, approximately 4,900 km, which connects Alberta crude oil supplies to United States refining markets in Illinois, Oklahoma, Texas and the United States Gulf Coast. Its portfolio of energy infrastructure assets includes investments in seven power generation facilities.

TSX:TRP - Post by User

TC Energy Corp > TRP.W DIVIDEND

<< Previous

Bullboard Posts

Next >>

Comment by youknowwhaton Sep 25, 2024 7:40pm

145 Views

Post# 36241271

RE:RE:RE:TRP.W DIVIDEND

They have stated you would make the same dollar amount when combining the 2 companies dividend payment.

Thus I own 2000 shares and will receive 400 shares of SBOW.

If SBOW pays 69 cents per quarter as they state on their web site which is $2.76 yearly then TRP would have to pay $3.28 yearly. The 2 dividends combined yearly equal what I currently receive from TRP.

Caution is both boards must approve the dividends.

Another way to work the numbers is simple.

I currently receive $7680.00 for 2000 shares.

If TRP pays $3.288 yearly I get $6576.00 yearly

$6576.00 is 85.6% of what I currently receive.

SBOW should pay $1104.00 yearly.

$1104.00 is 14.4% of $7680.00

So how did I arrive at $3.288, took what SBOW is going to pay me away from what I currently receive from TRP and I should get $6576.00 from TRP and divided the $6576.00 by 2000 shares and viola $3.288.

The key is in the 2 percentages above, 85.6% and 14.4% which is what TC Energy has said all along approximately 86% TRP 14% SBOW.