TC Energy Raises Quarterly Dividend By 3.2% To CAD0.96 From CAD0.93 Prior
Portfolio Pulse from Benzinga Newsdesk
TC Energy announced a 3.2% increase in its quarterly dividend to CAD0.96 per share, payable on April 30, 2024, to shareholders of record as of March 28, 2024.
February 16, 2024 | 11:50 am
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TC Energy raises its quarterly dividend by 3.2% to CAD0.96, signaling confidence in its business plans.
Dividend increases are often viewed positively by the market as they signal a company's confidence in its financial stability and future earnings. This increase by TC Energy is likely to be seen as a positive indicator of the company's health and could lead to a short-term uptick in its stock price.
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IMPORTANCE 80
RELEVANCE 100