Dividend compounder review

TRP

TC Energy Corp · NYSE · US

Energy · Oil & Gas Midstream

Score68.00/100
Confidence92.00/100
DecisionReject
RatingAcceptable, Needs Review
Scoring

Quality breakdown

Dividend Reliability 13.0 / 25 Payment history, cuts, growth, and regularity.
Dividend Sustainability 6.5 / 20 Payout, free cash flow, dividend cover, and debt.
Business Quality 24.0 / 25 Scale, cash generation, growth, margins, and returns.
Valuation Discipline 11.0 / 15 Yield, P/E, and price stretch versus long-term trend.
Long-Term Trend 13.5 / 15 Trend line, long return history, and drawdown control.
Metrics

Dividend and business context

Dividend Years38
Dividend Yield0.91%
Payout Ratio101.1%
Dividend Cut 5YYes
Net Income$3.5B
Free Cash Flow$2.1B
FCF Covers DividendNo
Debt / Equity1.67
P/E28.6
Revenue Growth 5Y3.2%
Net Margin22.2%
ROE11.3%
Price vs Trend14.0%
3Y Return104.0%
5Y Return74.0%
CurrencyUSD
Warnings

Review flags

Price currency USD differs from financial currency CAD.
Dividend yield normalized from payment history because provider yield looked inconsistent.
Dividend cut or material annual decrease detected in the last five completed years.
Payout ratio is elevated at 101.1%.
Free cash flow does not cover dividends paid.
Dividend diary

Activity record

TRP dividend review warning Warning · Warning

Free cash flow does not cover dividends paid.

TRP dividend payment 0.63 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.621 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.594 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

Dividend decreased -11.8% Dividend Decrease · Negative

Payment changed from 0.65 to 0.573.

TRP dividend payment 0.573 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.65 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.639 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6445 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6418 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6281 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6399 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6253 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

TRP dividend payment 0.6035 USD Dividend Payment · Info

Recorded dividend payment for TC Energy Corp.

Dividend decreased -6.2% Dividend Decrease · Negative

Payment changed from 0.6372 to 0.598.

Dividend increased 5.9% Dividend Increase · Positive

Payment changed from 0.6199 to 0.6563.

Dividend increased 9.3% Dividend Increase · Positive

Payment changed from 0.5761 to 0.6299.

Dividend increased 10.3% Dividend Increase · Positive

Payment changed from 0.4622 to 0.5096.

Dividend increased 8.3% Dividend Increase · Positive

Payment changed from 0.4503 to 0.4877.