Tc Energy TNCAF
NYSE TNCAF
$15.70 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tc Energy (TNCAF) Dividend Coverage Ratio (2009 - 2026)

Tc Energy (TNCAF) posted Dividend Coverage Ratio of 2.62 for Q2 2026, down 37.58% on a QoQ basis from 1.9 in Q4 2025, and up 73.91% year-over-year from 1.51 in Q2 2025.

Analysis

Tc Energy (TNCAF) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends

Tc Energy has reported Dividend Coverage Ratio for 18 years, with the latest figure at 2.62 in Q2 2026.

  • On a quarterly basis, Dividend Coverage Ratio rose 73.91% year-over-year to 2.62 in Q2 2026; TTM through Jun 2026 was 3.14, a 48.71% increase from a year earlier, with the FY2025 full-year figure at 3.66, up 39.85% from the prior year.
  • Dividend Coverage Ratio was 2.62 for Q2 2026 at Tc Energy, down from 1.9 in the prior quarter.
  • The five-year high for Dividend Coverage Ratio was 131.55 in Q4 2022, with the low at 84.1 in Q3 2022.
  • Average Dividend Coverage Ratio over 5 years is 11.29, with a median of 10.04 recorded in 2025.
  • The largest YoY upside for Dividend Coverage Ratio was 182.36% in 2022 against a maximum downside of 272.73% in 2022.
  • Over 5 years, Dividend Coverage Ratio stood at 131.55 in 2022, then slumped by 113.24% to 17.42 in 2023, then jumped by 35.17% to 11.29 in 2024, then soared by 83.15% to 1.9 in 2025, then slumped by 37.58% to 2.62 in 2026.
  • The last three Dividend Coverage Ratio figures came in at 2.62 (Q2 2026), 1.9 (Q4 2025), and 5.49 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Kinder Morgan 112.43 Bn 112.31 Bn 3.07 Bn 1.34
2 Enterprise Products Partners 84.88 Bn 83.97 Bn - 1.56
3 Energy Transfer 74.51 Bn 73.47 Bn 7.40 Bn 1.63
4 Targa Resources 62.67 Bn 62.54 Bn 2.14 Bn 2.84
5 Mplx 60.89 Bn 59.86 Bn 2.73 Bn 1.00
6 Oneok 60.50 Bn 60.34 Bn 2.81 Bn 1.43
7 Enbridge 55.26 Bn 55.75 Bn 5.23 Bn 0.66
8 Gas Transporter Of The South 22.56 Bn -3,018.49 Bn - -
9 Plains All American Pipeline 18.20 Bn 17.14 Bn 1.14 Bn 17.35
10 Tc Energy 16.13 Bn 15.60 Bn 1.80 Bn 2.62
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.62
Dec 31, 2025 -1.90
Sep 30, 2025 -5.49
Jun 30, 2025 -10.04
Mar 31, 2025 -4.45
Dec 31, 2024 -11.29
Sep 30, 2024 -4.81
Jun 30, 2024 -11.60
Mar 31, 2024 -4.25
Dec 31, 2023 -17.42
Sep 30, 2023 17.91
Jun 30, 2023 -16.67
Mar 31, 2023 -62.52
Dec 31, 2022 131.55
Sep 30, 2022 -84.10
Jun 30, 2022 -68.38
Mar 31, 2022 -35.80
Dec 31, 2021 -159.71
Sep 30, 2021 -97.38
Jun 30, 2021 -121.87