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A Holistic Look At TC PipeLines LP (NYSE:TCP)

Alvin Rowe

TC PipeLines LP (NYSE:TCP) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of TCP, it is a highly-regarded dividend-paying company with a a great track record of delivering benchmark-beating performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on TC PipeLines here.

Solid track record average dividend payer

In the previous year, TCP has ramped up its bottom line by 13.68%, with its latest earnings level surpassing its average level over the last five years. This illustrates a strong track record, leading to a satisfying return on equity of 25.09%. which is what investors like to see!

NYSE:TCP Income Statement June 25th 18

For those seeking income streams from their portfolio, TCP is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 15.08%, making it one of the best dividend companies in the market.

NYSE:TCP Historical Dividend Yield June 25th 18

Next Steps:

For TC PipeLines, there are three important aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for TCP’s future growth? Take a look at our free research report of analyst consensus for TCP’s outlook.
  2. Financial Health: Is TCP’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TCP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!


To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.