TC PipeLines, LP ( TCP ) will begin trading ex-dividend on January 31, 2019. A cash dividend payment of $0.65 per share is scheduled to be paid on February 11, 2019. Shareholders who purchased TCP prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TCP has paid the same dividend.
The previous trading day's last sale of TCP was $32.67, representing a -41.11% decrease from the 52 week high of $55.48 and a 44.3% increase over the 52 week low of $22.64.
TCP is a part of the Public Utilities sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). TCP's current earnings per share, an indicator of a company's profitability, is $3.88. Zacks Investment Research reports TCP's forecasted earnings growth in 2018 as 36.08%, compared to an industry average of 8.5%.