TC Energy declares quarterly dividends

Press Release

CALGARY, Alberta, May 01, 2025 News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced that its Board of Directors (Board) has declared a quarterly dividend of $0.85 per common share for the quarter ending June 30, 2025, on the Company’s outstanding common shares. The common share dividend is payable on July 31, 2025, to shareholders of record at the close of business on June 30, 2025.

The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:

• For the period up to but excluding June 30, 2025, payable on June 30, 2025, to shareholders of record at the close of business on June 2, 2025:
  • Series 1 (TRP.PR.A) – $0.3086875 per share
  • Series 2 (TRP.PR.F) – $0.2965603 per share
  • Series 3 (TRP.PR.B) – $0.105875 per share
  • Series 4 (TRP.PR.H) – $0.2566699 per share
• For the period up to but excluding July 30, 2025, payable on July 30, 2025, to shareholders of record at the close of business on June 30, 2025:
  • Series 5 (TRP.PR.C) – $0.1218125 per share
  • Series 6 (TRP.PR.I) – $0.2608459 per share
  • Series 7 (TRP.PR.D) – $0.3740625 per share
  • Series 9 (TRP.PR.E) – $0.3175 per share
  • Series 10 (TRP.PR.L) – $0.3113322 per share
• For the period up to but excluding May 30, 2025, payable on May 30, 2025, to shareholders of record at the close of business on May 15, 2025:
  • Series 11 (TRP.PR.G) – $0.2094375 per share

These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

Common shares purchased with reinvested cash dividends under TC Energy’s Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the Toronto Stock Exchange at 100 per cent of the weighted average purchase price. The DRP is available for dividends payable on TC Energy’s common and preferred shares.

About TC Energy
We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

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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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