TC Energy Announces Quarterly Dividend for Shareholders

October 13, 2024 07:19 PM EDT | By Team Kalkine Media
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Headlines

  • TC Energy Declares Quarterly Dividend
  • Dividend Reinvestment Plan Offers Shareholders Attractive Terms
  • Forward-Looking Information Highlights Key Considerations

TC Energy Corporation (TSX:TRP) announced that its Board of Directors has declared a quarterly dividend of $0.96 per common share for the period ending March 31, 2024. The dividend is payable on April 30, 2024, to shareholders who are on record as of March 28, 2024. These dividends have been designated as eligible dividends for Canadian tax purposes, and an enhanced tax credit applies to eligible dividends paid to residents of Canada.

Additionally, shareholders who participate in TC Energy’s Dividend Reinvestment and Share Purchase Plan (DRP) will have the option to purchase additional common shares with their reinvested dividends. The shares will be acquired at 100 percent of the weighted average purchase price on the Toronto Stock Exchange. The DRP is available for both common and preferred shares of the company, offering a straightforward way for shareholders to reinvest their dividends.

The company also issued forward-looking statements, outlining that this release includes information subject to risks and uncertainties. Forward-looking statements are meant to inform security holders and potential investors about the company’s future plans and financial outlook. However, TC Energy cautions that actual results may differ significantly from these forward-looking statements due to unforeseen factors. As a result, readers are advised not to place undue reliance on such forward-looking information, which is subject to changes based on new information or future events unless legally required to do so.

TC Energy continues to provide dividends to its shareholders while maintaining transparency about the future outlook of its operations.


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