TCANF - TC Energy: A Reliable And Growing Dividend Company
- TC Energy is one of the largest midstream companies in the United States and also operates as an electric utility.
- The company is currently developing some power storage solutions to support the emerging market for renewables.
- Natural gas and electricity are both expected to see significant growth in North America over the next twenty years and the company has a foot in both industries.
- This should result in growth going forward. The company expects EBITDA to grow at an 8% CAGR.
- The company does appear to have the ability to maintain and grow its dividend, although there is a risk with regards to its free cash flow.
For further details see:
TC Energy: A Reliable And Growing Dividend Company