Transcanada (TRP) dividend stock





  • Yield

     3.21%
  • Dividend

     1.99
  • 5 year dividend growth rate
     6.1%
  • Dividend increased

     15 yrs.
  • Payout ratio

     163%
  • Dividend pay date

     10/31/2017
  • Ex-dividend date

     6/28/2017
  • Uninterrupted
    dividends
     N/A yrs.
  • Yield compared to 5 year average
     -17.7%
  • Dividend payback
    period
     17 yrs.
  • Chowder rule

     9.3
  • Tweed factor

     -41.0
Rating
Overall rating
The overall rating measures the general health and sustainabilty of the company's dividend. It is an average of the five ratings below.





Dividend increased years
This rating looks at the number of years the company has increased their dividend consecutively. 1 star is given for 7 years or below and 5 stars are given for 23 years or more.





Dividend yield
This rating evaluates the size of the yield. 1 star is given for a yield below 0.75% and 5 stars for yields above 6.75%.





Payout ratio
The payout ratio shows how much of the earnings are being paid out as dividends. We award 0 stars for payout ratios above 100% and 5 stars for ratios below 10%.





Dividend growth rate
This rating takes into account the growth of the dividend. Companies that have a dividend growth rate below 1.5% get 1 star while 5 stars are given for rates above 13.5%.





Yield compared to 5 year average
If the current yield is below the 5 year average, it tends to indicate that the stock is cheap. A rating of 0 is given if the current yield is below 0 percent compared to the average and a rating of 5 is given if it's more than 22.5% above.
Relative valuations
Yield compared to 5 year average   
-17.7%
Payout ratio compared to 5 year average   
-100.0%
P/E compared to 5 year average   
133.9%
Price per book value compared to 5 year average   
30.0%
Price change from 52 week high   
-5.0%
Price change from 50 days average   
-1.4%
Price change from 200 days average   
-1.4%
Price info
Change
0.77 (1.26%)


Last price
62.00 CAD


Day range
61.22 - 62.17


Year range
57.36 - 65.24

Financial health
Current ratio
0.54


Debt/equity ratio
194.05


Cash
850.00M


Debt
35.23B


Credit rating
BBB+

Valuation
Price/earning (P/E)
50.99


Price/book (P/B)
2.60


Forward price/earning (P/E)
18.79


Price/sales (P/S)
3.85


PEG
2.37


Market cap
54.00B

Recession performance (2007 - 2009)
1.3600,1.4400,1.5200
  • 2007
  • 2008
  • 2009
Dvidend growth (annualized)   
5.7%
2.3000,2.5200,2.1100
  • 2007
  • 2008
  • 2009
Earnings per share growth (annualized)   
-4.2%
10 year history
1.3600,1.4400,1.5200,1.6000,1.6800,1.7600,1.8400,1.9200,2.0800,2.2600
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Dividend growth (annualized)   
5.8%
2.2000,2.3000,2.5200,2.1100,1.7700,2.1700,1.8400,2.4200,2.4600,-1.7500
  • 06
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • ttm
Earnings per share growth (annualized)   
nan%
18.1300,20.9200,22.2400,22.2700,22.8800,22.2400,22.8700,24.1900,24.0400,19.8500
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Book value per share growth (annualized)   
1.0%
59.1000,57.2000,72.2000,90.2000,81.9000,95.7000,80.7000,79.0000,86.5000,0.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Payout ratio growth (annualized)   
-100.0%
532.0000,572.0000,653.0000,692.0000,703.0000,706.0000,708.0000,710.0000,709.0000,709.0000
  • 07
  • 08
  • 09
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • ttm
Shares outstanding growth (annualized)   
3.2%
Other companies in the oil & gas pipelines industry
Company
Div. increase  
Yield
Div. growth
USA   Buckeye Partners LP 22 yrs8.79%3.4%
Canada   Enbridge 21 yrs4.78%16.7%
USA   Magellan Midstream Partners LP 17 yrs4.86%15.1%
USA   Sunoco Logistics Partners LP 16 yrs0.00%19.0%
USA   Plains All American Pipeline L 16 yrs10.02%7.5%
USA   Genesis Energy LP 14 yrs10.93%9.7%
USA   Williams Companies 14 yrs3.92%27.0%
Company profile
Empoloyees
6,059


Sector


Website


Founded
1951


Industry


TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Liquids Pipelines, and Energy. The Natural Gas Pipelines segment owns and operates natural gas pipelines and regulated natural gas storage facilities....
Read More


Address:
450 - First Street South West, Calgary, AB, T2P 5H1

Phone:
+1 403 920-2000
Transcanada has a dividend of 1.99 CAD and their yield is 3.21%. Since 2002they have raised their dividend each year, that is 15 years in a row. An earnings per share of 1.22 and a dividend of 1.99 gives Transcanada a payout ratio of 163%. If their dividend growth rate stays the same, the dividend payback period would be 17 years. The 5 year dividend compund annual growth (CAGR) rate is 6.1%. The ex-dividend date for TRP is 6/28/2017, and 10/31/2017 is their dividend pay date. It was founded in 1951 and is a Canadian company with 6,059 employees. They are in the basic materials sector and the oil & gas pipelines industry. Our dividend rating for this stock is 1.5 / 5 stars.






Sectors      Industries      Dividend dictionary      Contact us

Dividend growth stocks with at least 5 years of dividend increases




Disclaimer: Information on this site is only for informational purposes. Always consult a professional advisor before investing.