Rank TC Energy Preferreds

This compare tool allows you to Rank TC Energy Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the TC Energy preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

TC Energy Brief Overview

Visit the TC Energy company website to see the preferred share prospectus, news and other information.

Sector: Energy infrastructure company.

Core businesses and operations:

  1. Operates Pipeline and power generation assets in Canada, the United States, and Mexico.
  2. Has interests in 11 power-generation facilities with a capacity of 6,600 megawatts.

The latest information and statistics on their common stock TRP, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2024Dec30. Dividend Payment Schedule: 2024MAR31 , 2024JUN30 , 2024SEP29 , 2024DEC30

Next Ex-Dividend Date: 2024NOV21. Ex Dividend Date Schedule: 2024FEB27 , 2024APR30 , 2024AUG30 , 2024NOV21

 

TC Energy Preferred share Credit Ratings

The latest preferred share credit ratings for TC Energy are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

A.M. Best FITCH S&P DBRS S&P Global Moody's
PFD-3H

TC Energy Common Share Metrics

Symbol: TRPCurrency: CADMarket Cap: $50,565,581,059Price: $67.82
P/E: 20.49P/B: 2.42Dividend: $0.93Yield: 5.48%
Beta: 0.5400

TC Energy Overall Preferred Share Metrics

I have reviewed the full set of TC Energy preferreds. Based on my review the following data points may be of interest to current and potential investors in the securities of "TC Energy". In other words, this is what I think is worth highlighting in this set of preferred shares. In addition it provides a quick overview of the detailed information presented furher down this page.


# of Preferred issues: 9Lowest Current Yield: TRP-B @ 3.19%Highest Current Yield: TRP-H @ 8.43%Average Current Yield: 6.12%
# of 5YR Reset issues: 65YR Reset Lowest Reset Yield: TRP-D @ 6.68%5YR Reset Highest Reset Yield: TRP-C @ 8.36%5YR Reset Average Reset Yield: 7.51%
Lowest Rate Change Percent: TRP-G @ 24.00%Highest Rate Change Percent: TRP-B @ 88.00%Average Rate Change Percent: 54.22%
Market Cap at Market Value: 1,771,297,656Market Cap at Face Value: 2,550,000,000Discount Amount: 778,702,344Discount Percent: 30.54%
Percent of Total Market Cap at Market Value: 3.36%Percent of Total Market Cap at Face Value: 4.03%



 
 

Rank TC Energy Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company

NOTE: Dividend dates are not fixed. The dates shown here are estimated and most likely a few days off. Do not make trades based on these dates. Always check with the issuer for the correct dates.


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Change To Value.
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
(EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:33
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
TRP-A TRP.PR.A CA87807B2066 $17.07$17.40$13.155YR + 1.92%05.09% $0.8698TC_Energy_series_1
TRP-B TRP.PR.B CA87807B4047 $13.27$14.22$10.585YR + 1.28%03.19% $0.4232TC_Energy_-_Series_3
TRP-C TRP.PR.C CA87807B6026 $13.58$14.22$10.595YR + 1.54%03.59% $0.4873TC_Energy_-_Series_5
TRP-G TRP.PR.G CA87807B8592 $20.10$20.60$15.085YR + 2.96%04.17% $0.8378TC_Energy-series_11
TRP-D TRP.PR.D CA87807B8006 $20.14$21.45$15.605YR + 2.38%07.43% $1.4963TC_Energy-series_7
TRP-E TRP.PR.E CA87807B8758 $18.15$19.37$14.565YR + 2.35%07.00% $1.2700TC_Energy-series_9
TRP-F TRP.PR.F CA87807B3056 $17.39$17.68$13.993MTH FLOATING + 1.92%07.79% $1.35TC_Energy-series_2
TRP-H TRP.PR.H CA87807B5036 $14.19$14.68$12.593MTH FLOATING + 1.28%08.43% $1.19TC_Energy-series_4
TRP-I TRP.PR.I CA87807B7016 $15.00$15.65$13.163MTH FLOATING + 1.54%08.40% $1.26TC_Energy-series_6
 
 

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(EST: UTC-05:00)Last Updated: Market Data 2024-Nov-08 16:46, Model Metrics 2024-Nov-09 16:33
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DPay Div DateEx Div DateRate Change percentRate Change to valueNew Spread valueShort PositionAdditional FeaturesConverts ToYears To Double Initial InvestmentOutstanding FloatName
TRP-A TRP.PR.A CA87807B2066 $17.07$17.40$13.155YR + 1.92%05.09% $0.869807.20% | $1.230007.10% $1.21 1@cy+19@ryN/A2024-12-312024-12-302024-11-21046%7.21%2.81%22,730 CumulativeTRP-F13.9614,577,184TC_Energy_series_1
TRP-B TRP.PR.B CA87807B4047 $13.27$14.22$10.585YR + 1.28%03.19% $0.423208.06% | $1.070007.33% $0.97 3@cy+17@ryN/A2025-06-302024-12-302024-12-02088%8.06%2.41%43,204 CumulativeTRP-H22.079,997,177TC_Energy_-_Series_3
Rank TC Energy Preferreds - www.canadianpreferredshares.ca

Additional Information

Continue to Rank TC Energy Preferreds  page 2 of 3 where you can find

  1. What if “Yield Scenarios” for 5 year resets.
  2. Graph of all preferred share yields
  3. Prospectus Information