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In recognition of International Women’s Day on March 8, hear from one of our strong female leaders as she reflects on her dynamic career at TransCanada.
TransCanada Expects No Material Financial Impact From Proposed Tax Actions by the Federal Energy Regulatory Commission.
Keystone System — NEB Tariff No. 23
TC Energy Corporation today announced net income attributable to common shares for fourth quarter 2019 of $1.1 billion or $1.18 per share compared to net income of $1.1 billion or $1.19 per share for the same period in 2018. For the year ended December 31, 2019, net income attributable to common shares was $4.0 billion or $4.28 per share compared to net income of $3.5 billion or $3.92 per share in 2018. Comparable earnings for fourth quarter 2019 were $970 million or $1.03 per common share compared to $946 million or $1.03 per common share for the same period in 2018. For the year ended December 31, 2019, comparable earnings were $3.9 billion or $4.14 per common share compared to $3.5 billion or $3.86 per common share in 2018. TC Energy's Board of Directors also declared a quarterly dividend of $0.81 per common share for the quarter ending March 31, 2020, equivalent to $3.24 per common share on an annualized basis, an increase of eight per cent. This is the twentieth consecutive year the Board has raised the dividend.
TC Energy owns or has interests in many power generation facilities with combined capacity of 4,200 megawatts (MW). Our power generation assets are located in Alberta, Quebec and New Brunswick. More than half of the power we provide is generated from emission-less sources, including nuclear.