TC Pipelines LP (TC Pipelines LP) 5-Year Yield-on-Cost % : 8.61 (As of May. 06, 2024)

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What is TC Pipelines LP 5-Year Yield-on-Cost %?

TC Pipelines LP's yield on cost for the quarter that ended in Dec. 2020 was 8.61.

The historical rank and industry rank for TC Pipelines LP's 5-Year Yield-on-Cost % or its related term are showing as below:

TCP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.5 Med: 6.55 Max: 14.79
Current: 8.61

During the past 13 years, TC Pipelines LP's highest Yield on Cost was 14.79. The lowest was 1.50. And the median was 6.55.

TCP's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.84 vs TCP: 8.61

Competitive Comparison of TC Pipelines LP's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, TC Pipelines LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TC Pipelines LP's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where TC Pipelines LP's 5-Year Yield-on-Cost % falls into.

TC Pipelines LP 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of TC Pipelines LP is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

TC Pipelines LP (NYSE:TCP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

TC Pipelines LP 5-Year Yield-on-Cost % Related Terms

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TC Pipelines LP (TC Pipelines LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TC Pipelines LP (NYSE:TCP) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

PSXP BWP AM DCP PAGP ETRN NS ENBL HEP VNOM TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

700 Louisiana Street, Suite 700, Houston, TX, USA, 77002-2761

Website

http://www.tcpipelineslp.com

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