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TC Pipelines LP (TC Pipelines LP) Dividend Payout Ratio : 0.64 (As of Dec. 2020)


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What is TC Pipelines LP Dividend Payout Ratio?

TC Pipelines LP's dividend payout ratio for the months ended in Dec. 2020 was 0.64.

The historical rank and industry rank for TC Pipelines LP's Dividend Payout Ratio or its related term are showing as below:

TCP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.63   Max: 0.7
Current: 0.67


During the past 13 years, the highest Dividend Payout Ratio of TC Pipelines LP was 0.70. The lowest was 0.29. And the median was 0.63.

TCP's Dividend Payout Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 0.45 vs TCP: 0.67

As of today (2024-05-05), the Dividend Yield % of TC Pipelines LP is 8.61%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TC Pipelines LP was 14.79%. The lowest was 1.50%. And the median was 6.55%.

TC Pipelines LP's Dividends per Share for the months ended in Dec. 2020 was $0.65.

During the past 12 months, TC Pipelines LP's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TC Pipelines LP was 38.00% per year. The lowest was 0.00% per year. And the median was -31.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


TC Pipelines LP Dividend Payout Ratio Historical Data

The historical data trend for TC Pipelines LP's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TC Pipelines LP Dividend Payout Ratio Chart

TC Pipelines LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 1.23 - 0.70 0.67

TC Pipelines LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.54 0.83 0.72 0.64

Competitive Comparison of TC Pipelines LP's Dividend Payout Ratio

For the Oil & Gas Midstream subindustry, TC Pipelines LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TC Pipelines LP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TC Pipelines LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TC Pipelines LP's Dividend Payout Ratio falls into.



TC Pipelines LP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TC Pipelines LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2020 )/ EPS without NRI (A: Dec. 2020 )
=2.6/ 3.9
=0.67

TC Pipelines LP's Dividend Payout Ratio for the quarter that ended in Dec. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2020 )/ EPS without NRI (Q: Dec. 2020 )
=0.65/ 1.01
=0.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TC Pipelines LP (NYSE:TCP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


TC Pipelines LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TC Pipelines LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TC Pipelines LP (TC Pipelines LP) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, Suite 700, Houston, TX, USA, 77002-2761
TC Pipelines LP acquires, owns and participates in the management of energy infrastructure businesses in North America. The company's pipeline systems transport natural gas in the United States. It owns interests in several natural gas pipeline systems through three intermediate limited partnerships (ILPs). The company earns revenue by charging rates for transporting natural gas.
Executives
Malyn K Malquist director 10653 S. RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095
Peggy A Heeg director 1001 LOUISIANA STREET STE 5100 HOUSTON TX 77002
Jack Stark director 700 LOUISIANA STREET, HOUSTON TX 77002-2700
Walentin Mirosh director PO BOX 2518, STATION M, CALGARY A0 T2P 5C6
Burton Cole officer: Controller 500 DALLAS STREET, SUITE 2000, HOUSTON TX 77002
Alisa M Williams officer: Vice-President, Taxation 700 LOUISIANA STE 700 HOUSTON TX 77002
Chapman Stanley G Iii director 5151 SAN FELIPE STREET SUITE 2500 HOUSTON TX 77056
Nadine E Berge director 450 1ST STREET SW CALGARY A0 T2P5H1
Sean M Brett director 450 - 1 STREET S.W. CALGARY A0 T2P 5H1
Nancy F Priemer officer: Vice-President, Taxation 700 LOUISIANA STREET SUITE 700 HOUSTON TX 77002
Brandon M Anderson director, officer: President 700 LOUISIANA STREET SUITE 700 HOUSTON TX 77002
Janine Michele Watson officer: VP and General Manager 450 - 1 STREET S.W. CALGARY A0 T2P 5H1
Sandra P. Ryan-robinson officer: Principal Fin Off & Controller 450 - 1 STREET SW CALGARY A0 T2P 5H1
Nathaniel Alan Brown officer: Principal Fin Off & Controller 717 TEXAS STREET HOUSTON TX 77252-2446
Kristine L Delkus director 450-1ST STREET SW CALGARY ALBERTA CANADA A0 T2P 5H1

TC Pipelines LP (TC Pipelines LP) Headlines

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