Home › Calculator › TRP Dividend Calculator 2026
TRP Dividend DRIP Calculator 2026
4.14% YieldEnergyTC Energy Corporation · NYSE
Price: $60.03 · Annual div: $2.49/share · Frequency: quarterly · Payout ratio: 76% · Ex-div: 2026-09-29
Calculator settings
Portfolio growth: DRIP vs No DRIP
Annual dividend income growth
💡 What-if scenarios
Click to apply scenario to the calculator
🎯 When TRP pays your bills
Year your monthly dividend income covers each expense (based on current settings)
Share your TRP snowball 📈
$10,000 in TRP → $16.6K in 10 years · $54.90/month
About TC Energy Corporation (TRP) — Dividend Analysis 2026
TC Energy Corporation (TRP), headquartered in Calgary, Canada, is a significant North American energy infrastructure enterprise, established in 1951. Its extensive operations are strategically divided into five key business units: Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexican Natural Gas Pipelines, Liquids Pipelines, and Power & Storage. The company is responsible for constructing and managing a vast natural gas pipeline network, which stretches for 93,300 kilometers. This critical infrastructure facilitates the movement of natural gas from production basins to a variety of destinations, including local utility providers, electricity generating facilities, industrial sites, interconnected pipelines, liquefied natural gas (LNG) export terminals, and other commercial clients. Additionally, TC Energy operates regulated natural gas storage facilities with a total working gas capacity of 535 billion cubic feet, alongside approximately 118 billion cubic feet of non-regulated natural gas storage capacity located solely within Alberta. Furthermore, TC Energy oversees a liquids pipeline system spanning roughly 4,900 kilometers. This system efficiently transports crude oil from Alberta's supply regions to major refining centers across Illinois, Oklahoma, Texas, and the U.S. Gulf Coast. Its asset portfolio also includes ownership or interests in seven power generation facilities. These plants, situated in Alberta, Ontario, Québec, and New Brunswick, have a combined output of approximately 4,300 megawatts and are fueled by natural gas and nuclear energy sources. The organization was previously known as TransCanada Corporation until it officially rebranded to TC Energy Corporation in May 2019.
Compare TRP with similar stocks
This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.
Get Your Full TRP DRIP Report by Email
We'll send you a full breakdown of your projections, DRIP tips, and how to enable dividend reinvestment with your broker.
Free forever. No spam. Unsubscribe anytime. · Privacy Policy
Ready to invest? Open TRP position with:
🌍 TRP Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TRP.
| Account/Country | Tax Rate | After-tax Yield | Real Yield | $10K Annual Income |
|---|---|---|---|---|
| 🇺🇸 Roth IRA / 401k | 0% | 4.14% | 1.34% | $414 / yr |
| 🇺🇸 US Taxable (15%) ✓ | 15% | 3.52% | 0.72% | $352 / yr |
| 🇺🇸 US Taxable (20%) | 20% | 3.31% | 0.51% | $331 / yr |
| 🇬🇧 UK ISA | 0% | 4.14% | 1.34% | $414 / yr |
| 🇬🇧 UK Taxable | 8.75% | 3.78% | 0.98% | $378 / yr |
| 🇨🇦 TFSA | 0% | 4.14% | 1.34% | $414 / yr |
| 🇨🇦 CA Taxable | 25% | 3.10% | 0.30% | $310 / yr |
| 🇦🇺 Super (pension) | 15% | 3.52% | 0.72% | $352 / yr |
| 🇦🇺 AU Taxable | 30% | 2.90% | 0.10% | $290 / yr |
| 🇩🇪 DE Taxable | 26.375% | 3.05% | 0.25% | $305 / yr |
| 🇫🇷 FR Taxable | 30% | 2.90% | 0.10% | $290 / yr |
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TRP Income Goal & Break-Even
12-month CPI (US BLS via FMP economic-indicators).
Based on current dividend of $2.48/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TRP Dividend Payment Schedule
TRP pays quarterly — 4 times per year. Ex-div: 2026-09-29.
📊 TRP vs Energy Benchmarks
How TRP compares to typical Energy averages.
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TRP sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TRP Insider Activity
No recent SEC filings reported in the last 90 days.Analyst Price Target
Wall Street consensusAnalyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
Peer Group
Similar companies in the same sectorCompare TRP with peers: TRP vs BKR · TRP vs E · TRP vs ET
Financial Health Scores
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
Geographic Revenue Breakdown
Where TRP earns its moneyRevenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TRP dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →
TC Energy Corporation (TRP) is currently trading at $60.03, 16% below its 52-week high. The current dividend yield is 4.14% based on an annual payout of $2.49 per share.
TC Energy Offers Stable Midstream Yield with Modest Growth Prospects
AI SummaryTC Energy Corporation (TRP) presents a compelling income opportunity within the energy sector, offering a solid 4.22% dividend yield backed by a substantial $61.4 billion market capitalization. The current annual dividend of $2.48 is supported by a manageable 76% payout ratio, indicating that cash flows are currently sufficient to cover distributions. However, dividend growth has been exceptionally sluggish, reflected in a modest 5-year compound annual growth rate of just 0.8%. While the current yield is reasonably sustainable given the essential nature of its pipeline infrastructure and an 18.0 P/E ratio, investors should expect limited payout growth in the near term as the company focuses on capital discipline and leverage management.
- High debt load associated with large-scale infrastructure projects
- Regulatory and environmental hurdles impacting pipeline expansions
Generated by AI using live market data. For educational purposes only — not financial advice.
Latest TRP News
LiveHow investors use the TRP dividend calculator
Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.