TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced that its Board of Directors (Board) declared a quarterly dividend of $0.8225 per common share for the quarter ending Dec. 31, 2024, on the Company’s outstanding common shares. The dividend declared reflects TC Energy’s proportionate allocation following the spinoff Transaction. The common share dividend is payable on Jan. 31, 2025, to shareholders of record at the close of business on Dec. 31, 2024
The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:
For the period up to but excluding Dec. 31, 2024, payable on Dec. 31, 2024, to shareholders of record at the close of business on Dec. 2, 2024:
Series 1 (TRP.PR.A) - $0.2174375 per share
Series 2 (TRP.PR.F) - $0.3974556 per share
Series 3 (TRP.PR.B) - $0.105875 per share
Series 4 (TRP.PR.H) - $0.3559255 per share
For the period up to but excluding Jan. 30, 2025, payable on Jan. 30, 2025, to shareholders of record at the close of business on Dec. 31, 2024:
Series 5 (TRP.PR.C) - $0.1218125 per share
Series 6 (TRP.PR.I) - $0.3471219 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) - $0.3980675 per share
For the period up to but excluding Nov. 29, 2024, payable on Nov. 29, 2024, to shareholders of record at the close of business on Nov. 15, 2024:
Series 11 (TRP.PR.G) - $0.2094375 per share
For the period up to but excluding Feb. 28, 2025, payable on Feb. 28, 2025, to shareholders of record at the close of business on Jan. 31, 2025:
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.
