CA - TC Energy: A Solid 7% Yield With 23 Years Of Consecutive Raises
2024-02-01 08:10:00 ET
Summary
- TC Energy is a Canadian midstream energy company with a strong portfolio of pipelines and power-generating assets.
- TRP has seen long-term growth through various economic and energy cycles and offers a 7% dividend yield with 23 consecutive years of dividend raises.
- Despite some setbacks, TRP has completed its Coastal GasLink project and has taken steps to improve its balance sheet.
Capital gains can be fun to see on a brokerage account and can be a reflection of one's investment acumen. However, despite how nice they appear on a statement, those gains simply don't pay the bills and won't improve one's living situation unless they are sold for their profits....
TC Energy: A Solid 7% Yield With 23 Years Of Consecutive Raises