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TC Energy declares quarterly dividends

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TC Energy (TSX, NYSE: TRP) has declared a quarterly dividend of $0.96 per common share for the quarter ending Sept. 30, 2024, payable on Oct. 31, 2024, to shareholders of record as of Sept. 27, 2024. The company also announced dividends on various series of Cumulative First Preferred Shares, with different payment dates and amounts. These dividends are designated as eligible dividends for Canadian tax purposes, offering an enhanced dividend tax credit for Canadian residents.

TC Energy's Dividend Reinvestment and Share Purchase Plan (DRP) allows for the purchase of common shares on the Toronto Stock Exchange at 100% of the weighted average purchase price using reinvested cash dividends. The DRP is available for both common and preferred share dividends.

TC Energy (TSX, NYSE: TRP) ha dichiarato un dividendo trimestrale di $0.96 per azione ordinaria per il trimestre che termina il 30 settembre 2024, pagabile il 31 ottobre 2024, agli azionisti registrati al 27 settembre 2024. La società ha inoltre annunciato dividendi su varie serie di Azioni Preferenziali Cumulative di Prima Categoria, con diverse date e importi di pagamento. Questi dividendi sono designati come dividendi idonei per le tasse canadesi, offrendo un credito d'imposta sui dividendi migliorato per i residenti canadesi.

Il Piano di Riacquisto e Reinvestimento dei Dividendi di TC Energy (DRP) consente l'acquisto di azioni ordinarie sulla Borsa di Toronto al 100% del prezzo medio ponderato di acquisto utilizzando dividendi in contante reinvestiti. Il DRP è disponibile sia per i dividendi delle azioni ordinarie che per quelli delle azioni privilegiate.

TC Energy (TSX, NYSE: TRP) ha declarado un dividendo trimestral de $0.96 por acción común para el trimestre que finaliza el 30 de septiembre de 2024, pagadero el 31 de octubre de 2024, a los accionistas registrados al 27 de septiembre de 2024. La compañía también anunció dividendos sobre varias series de Acciones Preferentes Cumulativas de Primera Clase, con diferentes fechas y montos de pago. Estos dividendos se designan como dividendos elegibles para fines fiscales canadienses, ofreciendo un crédito fiscal mejorado por dividendos a los residentes canadienses.

El Plan de Reinversión y Compra de Acciones de TC Energy (DRP) permite la compra de acciones comunes en la Bolsa de Toronto al 100% del precio medio ponderado de compra utilizando dividendos en efectivo reinvertidos. El DRP está disponible tanto para dividendos de acciones comunes como preferentes.

TC 에너지 (TSX, NYSE: TRP)는 2024년 9월 30일에 종료되는 분기에 대해 주당 $0.96의 분기 배당금을 선언했으며, 이는 2024년 10월 31일에 지급되며, 2024년 9월 27일 기준 주주에게 지급됩니다. 회사는 다른 지급일과 금액을 가진 여러 시리즈의 누적 우선주 배당금도 발표했습니다. 이러한 배당금은 캐나다 세금 목적에 따른 적격 배당금으로 지정되어 캐나다 거주자에게 향상된 배당 세금 크레딧을 제공합니다.

TC 에너지의 배당금 재투자 및 주식 구매 계획(DRP)은 재투자된 현금 배당금을 사용하여 토론토 증권거래소에서 주식을 평균 구매가의 100%로 구매할 수 있게 합니다. DRP는 보통주 및 우선주 배당금 모두에 적용됩니다.

TC Energy (TSX, NYSE: TRP) a déclaré un dividende trimestriel de 0,96 $ par action ordinaire pour le trimestre se terminant le 30 septembre 2024, payable le 31 octobre 2024, aux actionnaires inscrits au 27 septembre 2024. La société a également annoncé des dividendes sur diverses séries d'actions préférentielles cumulatives, avec différentes dates et montants de paiement. Ces dividendes sont désignés comme des dividendes admissibles aux fins fiscales canadiennes, offrant un crédit d'impôt sur les dividendes amélioré pour les résidents canadiens.

Le Plan de Réinvestissement et d'Achat d'Actions (DRP) de TC Energy permet l'achat d'actions ordinaires à la Bourse de Toronto au prix moyen pondéré d'achat de 100 % en utilisant les dividendes en espèces réinvestis. Le DRP est disponible pour les dividendes d'actions ordinaires et privilégiées.

TC Energy (TSX, NYSE: TRP) hat eine vierteljährliche Dividende von 0,96 $ pro Stammaktie für das am 30. September 2024 endende Quartal erklärt, zahlbar am 31. Oktober 2024 an die Aktionäre, die am 27. September 2024 registriert sind. Das Unternehmen hat zudem Dividenden auf verschiedene Serien von kumulierten Vorzugsaktien angekündigt, mit unterschiedlichen Zahlungsterminen und Beträgen. Diese Dividenden sind als förderfähige Dividenden für kanadische Steuerzwecke ausgewiesen, was einen erhöhten Dividendensteuergutschrift für kanadische Einwohner bietet.

Der Dividenden-Reinvestitions- und Aktienkaufplan (DRP) von TC Energy ermöglicht den Kauf von Stammaktien an der Toronto Stock Exchange zum 100 % des gewogenen Durchschnittspreises unter Verwendung reinvestierter Barausschüttungen. Der DRP steht sowohl für Stamm- als auch Vorzugsaktien-Dividenden zur Verfügung.

Positive
  • Consistent quarterly dividend of $0.96 per common share
  • Dividends declared on multiple series of Cumulative First Preferred Shares
  • Dividends qualify for enhanced tax credits for Canadian residents
  • Dividend Reinvestment and Share Purchase Plan (DRP) available for shareholders
Negative
  • None.

CALGARY, Alberta, Aug. 01, 2024 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.96 per common share for the quarter ending Sept. 30, 2024, on the Company’s outstanding common shares. The common share dividend is payable on Oct. 31, 2024, to shareholders of record at the close of business on Sept. 27, 2024.

The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:

  • For the period up to but excluding Sept. 27, 2024, payable on Sept. 27, 2024, to shareholders of record at the close of business on Sept. 4, 2024:
    • Series 1 (TRP.PR.A) - $0.2174375 per share
    • Series 2 (TRP.PR.F) - $0.4221803 per share
    • Series 3 (TRP.PR.B) - $0.105875 per share
    • Series 4 (TRP.PR.H) - $0.3823989 per share

  • For the period up to but excluding Oct. 30, 2024, payable on Oct. 30, 2024, to shareholders of record at the close of business on Oct. 2, 2024:
    • Series 5 (TRP.PR.C) - $0.1218125 per share
    • Series 6 (TRP.PR.I) - $0.3889262 per share
    • Series 7 (TRP.PR.D) - $0.3740625 per share
    • Series 9 (TRP.PR.E) - $0.235125 per share

  • For the period up to but excluding Aug. 30, 2024, payable on Aug. 30, 2024, to shareholders of record at the close of business on Aug. 15, 2024:
    • Series 11 (TRP.PR.G) - $0.2094375 per share

These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

Common shares purchased with reinvested cash dividends under TC Energy’s Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the Toronto Stock Exchange at 100 per cent of the weighted average purchase price. The DRP is available for dividends payable on TC Energy’s common and preferred shares.

About TC Energy
We’re a team of 7,000+ energy problem solvers working to safely move, generate and store the energy North America relies on. Today, we’re delivering solutions to the world’s toughest energy challenges – from innovating to deliver the natural gas that feeds LNG to global markets, to working to reduce emissions from our assets, to partnering with our neighbours, customers and governments to build the energy system of the future. It’s all part of how we continue to deliver sustainable returns for our investors and create value for communities.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522

PDF available: http://ml.globenewswire.com/Resource/Download/9f70c317-d56c-44fb-aec9-112a2fa4ddf0


FAQ

What is the quarterly dividend amount for TC Energy (TRP) common shares?

TC Energy (TRP) has declared a quarterly dividend of $0.96 per common share for the quarter ending Sept. 30, 2024.

When will TC Energy (TRP) pay its next common share dividend?

TC Energy (TRP) will pay its next common share dividend on October 31, 2024, to shareholders of record as of September 27, 2024.

Does TC Energy (TRP) offer a Dividend Reinvestment Plan?

Yes, TC Energy (TRP) offers a Dividend Reinvestment and Share Purchase Plan (DRP) for both common and preferred share dividends, allowing shareholders to purchase shares at 100% of the weighted average purchase price on the Toronto Stock Exchange.

Are TC Energy's (TRP) dividends eligible for Canadian tax credits?

Yes, TC Energy's (TRP) dividends are designated as eligible dividends for Canadian tax purposes, offering an enhanced dividend tax credit for Canadian residents.

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