TC PipeLines, LP ( TCP ) will begin trading ex-dividend on August 03, 2018. A cash dividend payment of $0.65 per share is scheduled to be paid on August 15, 2018. Shareholders who purchased TCP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -35% decrease from prior dividend payment. At the current stock price of $30.29, the dividend yield is 8.58%.
The previous trading day's last sale of TCP was $30.29, representing a -47.41% decrease from the 52 week high of $57.60 and a 33.79% increase over the 52 week low of $22.64.
TCP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and Enbridge Inc ( ENB ). TCP's current earnings per share, an indicator of a company's profitability, is $3.43. Zacks Investment Research reports TCP's forecasted earnings growth in 2018 as 9.57%, compared to an industry average of 15.6%.
Interested in gaining exposure to TCP through an Exchange Traded Fund [ETF]?
The following ETF(s) have TCP as a top-10 holding:
The top-performing ETF of this group is AMZA with an increase of 1.3% over the last 100 days.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.