Key Highlights from TC Energy's Recent Dividend Announcement

Author: Caleb Price Updated: 07-31-2025 06:45 AM

Overview of TC Energy's Dividend Declaration

TC Energy Corporation (TSX, NYSE: TRP) has recently taken an essential step to benefit its shareholders by declaring a quarterly dividend. This dividend of $0.85 per common share is set for the quarter ending September 30, 2025. Shareholders can expect to receive this payment on October 31, 2025, provided they are on the record by the close of business on September 29, 2025.

Additional Preferred Shares Dividends

In addition to the common share dividends, TC Energy has also announced quarterly dividends for its outstanding Cumulative First Preferred Shares. These dividends are crucial for those investing in preferred shares and include the following details:

For the period up to but excluding September 29, 2025, the dividends will be payable on that date to shareholders recorded by September 3, 2025:

Series 1 (TRP.PR.A) - $0.3086875 per share
Series 2 (TRP.PR.F) - $0.2844685 per share
Series 3 (TRP.PR.B) - $0.256375 per share
Series 4 (TRP.PR.H) - $0.2445781 per share

The dividends for the period up to October 30, 2025, will be payable on that date for shareholders recorded by October 2, 2025:

Series 5 (TRP.PR.C) - $0.1218125 per share
Series 6 (TRP.PR.I) - $0.2664219 per share
Series 7 (TRP.PR.D) - $0.3740625 per share
Series 9 (TRP.PR.E) - $0.3175 per share
Series 10 (TRP.PR.L) - $0.317463 per share

The dividends for Series 11 (TRP.PR.G) will also be payable on August 29, 2025, to record holders as of August 15, 2025, at $0.2094375 per share.

Tax Benefits of the Dividends

These dividends are designated as eligible dividends under Canada’s Income Tax Act, which means they may qualify for an enhanced tax credit for Canadian residents. This can provide a significant tax advantage that makes the dividends more appealing to shareholders.

Dividend Reinvestment and Share Purchase Plan

TC Energy encourages shareholders to utilize its Dividend Reinvestment and Share Purchase Plan (DRP). This program enables investors to reinvest their cash dividends into additional common shares. These shares are acquired on the Toronto Stock Exchange at 100% of the weighted average purchase price, offering an excellent opportunity for investors to grow their holdings.

About TC Energy

TC Energy is an industry leader with a dedicated team of over 6,500 professionals focused on delivering energy solutions. With a robust network of natural gas infrastructure, they play a crucial role in providing energy across North America and beyond, particularly through LNG exports. In addition to their natural gas assets, TC Energy holds strategic investments in power generation, supporting their commitment to energy sustainability and reliability.

Investing in TC Energy

With shares trading on both the Toronto (TSX) and New York (NYSE) stock exchanges under the ticker TRP, TC Energy remains an attractive choice for investors. Whether you're interested in dividend income or long-term capital growth, the company's strategic endeavors position it well for ongoing success.

Frequently Asked Questions

What is the amount of TC Energy's declared dividend?

TC Energy declared a quarterly dividend of $0.85 per common share.

When will the dividends be payable?

The dividends for common shares will be payable on October 31, 2025.

Are the dividends eligible for tax benefits?

Yes, these dividends are designated as eligible dividends under the Income Tax Act of Canada.

What is the Dividend Reinvestment and Share Purchase Plan?

The DRP allows shareholders to reinvest their cash dividends into additional common shares of the company.

On which exchanges does TC Energy trade?

TC Energy trades on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the ticker TRP.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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