On the chart for the last month, we can see the continuous fall of the stock from C$65.12 on June 16 till C$61.66 on June 29. After that, the stock is still fluctuating at that level and reached C$62.20 for today. The day’s range of the stock is C$61.75 – C$62.23 and the total volume of the company consists of 76,324 stocks. Just recently, TC Energy Corporation reported the news releases and will have a webcast on July 29 in order to discuss the financial results for the second quarter. The company is considered as one of the companies that pay stable dividends which is above average.
Despite the problems with the Keystone pipeline, the company is still able to provide dividends with a range of from 5% to 7%. It seems that the payout ratio will not be good for the next year because of the financial results in the first quarter of 2021 but the company believes that it will not affect the dividends.