Should You Buy TC Energy Corporation ($TRP) Before Its Ex-Dividend Tomorrow?

TC Energy Corporation (NYSE:TRP) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.81 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 7.26 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.

Dividends History
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Click Here For More Historical Dividends Of TC Energy Corporation

TC Energy Corporation recently reported second quarter financial results on July 30, 2020, before market open, the Calgary based company unfold income for the second quarter of $ 0.98 per share, from the revenue of $ 2,228.00 million. The quarterly earnings dropped 67.68 percent while revenues compared with the same quarter last year.
Street analysts expected TC Energy Corporation recently reported second quarter financial results on July 30, 2020, before market open, the Calgary based company to report income of $ 0.67 per share on revenue of $ 2380.00 million for the second quarter. The bottom line results beat street analysts by $ 0.31 or 46.27 percent, at the same time, top line results fell short of analysts by $ 152 million or 6.39 percent.

Stock Performance

Shares of TC Energy Corporation traded up $ 0.68 or 1.55 percent on Friday, reaching $ 44.60 with volume of 970.20 thousand shares. TC Energy Corporation has traded high as $ 44.63 and has cracked $ 43.58 on the downward trend

According to the previous trading day, closing price of $ 44.60, representing a 35.68 % increase from the 52 week low of $ 32.37 and a 24.17 % decrease over the 52 week high of $ 57.92.

The company has a market capital of $ 41.93 billion and is part of the Energy sector and Oil & Gas Midstream industry.

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments.

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