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Primary Symbol: T.TRP Alternate Symbol(s): T.TRP.PR.A | TCEYF | T.TRP.PR.B | 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

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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... see more

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TSX:TRP - Post Discussion

TC Energy Corp > Dividend

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Post by Sukhi19 on Oct 07, 2024 11:21am

Dividend

There is no change to TRP after SOBO divide6 was set.
It seems that TRP dividend will stay at .96.

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Comment by mnztr on Oct 07, 2024 1:00pm

Is there any offical notice about this? if not we won't know until its declared. What i read is the divvy will stay the same for the COMBINED entity

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Comment by TeamCommonSense on Oct 07, 2024 1:12pm

mnztr: You are correct ... all communications have stressed that the total dividend will be intact following the spin off. However, after the 07 Nov Quarterly report and the associated dividend declaration for the next dividend payable on 31 Jan/25 .... there is a high probability that TRP will declare an increase to the dividend during the first Quarterly report of 2025 ... as has been their ...more

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Comment by Sukhi19 on Oct 07, 2024 6:01pm

If it has to be same then will TRP will pay only .96 minus .69 which equals..27.

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Comment by mnztr on Oct 07, 2024 10:04pm

where do you get 69 cents for SOBO? Did they declare it?

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Comment by mnztr on Oct 07, 2024 10:12pm

If 69c is the SOBO divvy and since you got 0.2 per trp share then the TRP divvvy will be 96-(69/5) = 82.2 cents. Add a divvy increase and we are in the high 80's again.

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