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CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) — Information Launch – TC Power Company (TSX, NYSE: TRP) (TC Power or the Firm) in the present day introduced that its Board of Administrators (Board) declared a quarterly dividend of $0.93 per frequent share for the quarter ending Dec. 31, 2023, on the Firm’s excellent frequent shares. The frequent share dividend is payable on Jan. 31, 2024, to shareholders of document on the shut of enterprise on Dec. 29, 2023.
The Board additionally declared quarterly dividends on the excellent Cumulative First Most well-liked Shares as follows:
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- For the interval as much as however excluding Dec. 29, 2023, payable on Dec. 29, 2023, to shareholders of document on the shut of enterprise on Nov. 30, 2023:
- Sequence 1 (TRP.PR.A) – $0.2174375 per share
- Sequence 2 (TRP.PR.F) – $0.4411007 per share
- Sequence 3 (TRP.PR.B) – $0.105875 per share
- Sequence 4 (TRP.PR.H) – $0.4012103 per share
- For the interval as much as however excluding Jan. 30, 2024, payable on Jan. 30, 2024, to shareholders of document on the shut of enterprise on Jan. 2, 2024:
- Sequence 5 (TRP.PR.C) – $0.1218125 per share
- Sequence 6 (TRP.PR.I) – $0.4212466 per share
- Sequence 7 (TRP.PR.D) – $0.243938 per share
- Sequence 9 (TRP.PR.E) – $0.235125 per share
- For the interval as much as however excluding Nov. 30, 2023, payable on Nov. 30, 2023, to shareholders of document on the shut of enterprise on Nov. 15, 2023:
- Sequence 11 (TRP.PR.G) – $0.2094375 per share
- For the interval as much as however excluding Feb. 29, 2024, payable on Feb. 29, 2024, to shareholders of document on the shut of enterprise on Jan. 31, 2024:
- Sequence 11 (TRP.PR.G) – $0.2094375 per share
These dividends are designated by TC Power to be eligible dividends for functions of the Earnings Tax Act (Canada) and any comparable provincial or territorial laws. An enhanced dividend tax credit score applies to eligible dividends paid to Canadian residents.
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Frequent shares bought with reinvested money dividends beneath TC Power’s Dividend Reinvestment and Share Buy Plan (DRP) shall be acquired on the Toronto Inventory Alternate at 100 per cent of the weighted common buy worth. The DRP is obtainable for dividends payable on TC Power’s frequent and most popular shares.
About TC Power
We’re a staff of seven,000+ vitality drawback solvers working to maneuver, generate and retailer the vitality North America depends on. Immediately, we’re taking motion to make that vitality extra sustainable and safer. We’re innovating and modernizing to scale back emissions from our enterprise. And, we’re delivering new vitality options – from pure fuel and renewables to carbon seize and hydrogen – to assist different companies and industries decarbonize too. Alongside the best way, we put money into communities and accomplice with our neighbours, prospects and governments to construct the vitality system of the long run.
TC Power’s frequent shares commerce on the Toronto (TSX) and New York (NYSE) inventory exchanges beneath the image TRP. To be taught extra, go to us at TCEnergy.com.
FORWARD-LOOKING INFORMATION
This launch comprises sure data that’s forward-looking and is topic to vital dangers and uncertainties (such statements are often accompanied by phrases equivalent to “anticipate”, “count on”, “imagine”, “might”, “will”, “ought to”, “estimate”, “intend” or different comparable phrases). Ahead-looking statements on this doc are meant to supply TC Power safety holders and potential traders with data relating to TC Power and its subsidiaries, together with administration’s evaluation of TC Power’s and its subsidiaries’ future plans and monetary outlook. All forward-looking statements mirror TC Power’s beliefs and assumptions primarily based on data out there on the time the statements have been made and as such will not be ensures of future efficiency. As precise outcomes might fluctuate considerably from the forward-looking data, you shouldn’t put undue reliance on forward-looking data and shouldn’t use future-oriented data or monetary outlooks for something apart from their meant goal. We don’t replace our forward-looking data because of new data or future occasions, until we’re required to by regulation. For added data on the assumptions made, and the dangers and uncertainties which might trigger precise outcomes to vary from the anticipated outcomes, consult with the latest Quarterly Report back to Shareholders and Annual Report filed beneath TC Power’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Alternate Fee at www.sec.gov.
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Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859
Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522
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