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These 3 Numbers Show That This Is a Great Dividend Stock


TC Energy (NYSE: TRP) wrapped up another great year this week when it reported its fourth-quarter and full-year results for 2019. The company posted excellent numbers overall while also achieving several strategic objectives. Because of those successes, the Canadian pipeline giant increased its 4.1%-yielding dividend by another 8%, marking the 20th consecutive year that it boosted the payout.

This trend appears poised to continue. That was one of the takeaways from its earnings report, where three numbers stood out because they help support the view that the company has plenty of fuel to keep growing its dividend. 

Image source: Getty Images.

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Source Fool.com

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