TC Energy Corp. expects annual dividend growth to slow beyond 2021

CALGARY – TC Energy Corp. says it expects its dividend to grow at an annual rate of eight to 10 per cent through 2021, but then growth in its regular payments to shareholders is expected to slow. The pipeline company says that beyond 2021 it expects its dividend to grow at an average annual rate of five to seven per cent. The company formerly known as TransCanada Corp. made the comments ahead of its annual investor day. It noted that the slower pace is consistent with the average annual in