Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. TC Energy Corporation
  6. News
  7. Summary
    TRP   CA87807B1076


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TC Energy : adjusts timing of certain Cumulative First Preferred Shares Dividends (Form 6-K)

09/24/2021 | 06:12am EDT
TC Energy adjusts timing of certain Cumulative First Preferred Shares Dividends

CALGARY, Alberta - Sept. 23, 2021 - News Release - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced the following adjustments to its previously announced timing for quarterly dividend payments on its outstanding Cumulative First Preferred Shares Series 1, Series 2, Series 3 and Series 4. These adjustments are the result of a newly created Canadian federal statutory holiday, the National Day for Truth and Reconciliation, to be recognized on Sept. 30, 2021.

•The payment date for the Cumulative First Preferred Shares Series 1, Series 2, Series 3 and Series 4 has been moved from Sept. 30, 2021 to Sept. 29, 2021, as Canadian banks are not open for payment processing on Sept. 30, 2021;

•As the last business day of September has changed from Sept. 30, 2021 to Sept. 29, 2021, pursuant to the terms of the applicable prospectus supplements, the period for the Cumulative First Preferred Shares Series 1, Series 2, Series 3 and Series 4 has been revised from "for the period up to but excluding Sept. 30, 2021" to "for the period up to but excluding Sept. 29, 2021"; and

•The dividend amounts for the Cumulative First Preferred Shares Series 2 and Series 4 have been adjusted to the following to reflect the above noted change in period:

•Series 2 (TSX: TRP.PR.F) - from $0.12785479 per share to $0.12646507 per share
•Series 4 (TSX: TRP.PR.H) - from $0.08752603 per share to $0.08657466 per share

There has been no change to the previously announced dividend amounts for the Cumulative First Preferred Shares Series 1 and Series 3.

Accordingly, shareholders of record at the close of business on Aug. 31, 2021 of the Company's Cumulative First Preferred Shares Series 1, Series 2, Series 3 and Series 4 will receive their dividend payment for the period from and including June 30, 2021 up to but excluding Sept. 29, 2021 on Sept. 29, 2021.

The next dividend payment period for the Company's Cumulative First Preferred Shares Series 1, Series 2, Series 3 and Series 4 will be for the period from and including Sept. 29, 2021 up to but excluding Dec. 31, 2021.

About TC Energy
We are a vital part of everyday life - delivering the energy millions of people rely on to power their lives in a sustainable way. Thanks to a safe, reliable network of natural gas and crude oil pipelines, along with power generation and storage facilities, wherever life happens - we're there. Guided by our core values of safety, responsibility, collaboration, innovation and integrity, our 7,500 people make a positive difference in the communities where we operate across Canada, the U.S. and Mexico.

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.

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.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.


Media Inquiries:
Jaimie Harding / Suzanne Wilton
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
David Moneta / Hunter Mau
403-920-7911 or 800-361-6522


TC Energy Corporation published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 10:11:10 UTC.

ę Publicnow 2021
10:56aNew ESG targets and emissions reduction strategies - Form 6-K
09:36aNatural Gas Pares Back Gains Even as Forecasts See a Cool Start to November
09:18aTC Energy targets net-zero emissions from its operations by 2050
08:18aTC Energy Targeting 30% Reduction in Greenhouse Gas Emissions by 2030, Eyes Net Zero by..
07:33aTC ENERGY BRIEF : Releases 2021 Report on Sustainability and GHG Emissions Reduction Plan;..
07:31aTC Energy releases 2021 Report on Sustainabilityáand GHG Emissions Reduction Plan
10/25TC ENERGY : Reiterated at Outperform by Credit Suisse as Price Target Lowered
10/25TC ENERGY : Credit Suisse Lowers TC Energy's PT to CA$74 from CA$77 Given Slight Reduction..
10/25Natural Gas Sharply Higher as Cooler Eastern Temperatures Expected to Boost Heating Dem..
10/25Canada's Gas Exports to the US at Multiyear Highs
More news
Analyst Recommendations on TC ENERGY CORPORATION
More recommendations
Sales 2021 13 631 M 10 998 M 10 998 M
Net income 2021 2 576 M 2 079 M 2 079 M
Net Debt 2021 51 189 M 41 300 M 41 300 M
P/E ratio 2021 24,0x
Yield 2021 5,13%
Capitalization 66 145 M 53 438 M 53 366 M
EV / Sales 2021 8,61x
EV / Sales 2022 8,17x
Nbr of Employees 7 283
Free-Float 93,9%
Duration : Period :
TC Energy Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TC ENERGY CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 67,55 CAD
Average target price 69,14 CAD
Spread / Average Target 2,36%
EPS Revisions
Managers and Directors
Francois L. Poirier President, Chief Executive Officer & Director
Joel E. Hunter CFO, Chief Risk Officer & Vice President
Siim Alden Vanaselja Chairman
Leslie C. Kass Executive Vice President-Technical Centre
Donald Michael Godfrey Stewart Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ENBRIDGE INC.29.85%86 577
KINDER MORGAN, INC.30.58%40 474
MPLX LP43.14%31 681