TRP
Pipeline company
Preferred Shares
8
Credit Rating
-
Avg Yield
5.26%
Avg Price
$21.97
TC Energy (TRP) has 8 preferred share series outstanding on the Toronto Stock Exchange — 5 five-year rate resets, 3 floating-rate series. The median trailing indicated yield across the cohort is 5.35%, with TRP.PR.D the highest-yielding series at 6.09% and TRP.PR.H the lowest-priced at $19.30. All figures are trailing values from this site's daily update pipeline, computed from declared dividends and the latest close.
The reset calendar is a practical lens on this issuer: 5 of the active series are five-year rate resets, and the next scheduled repricings are TRP.PR.D on Apr 30, 2029; TRP.PR.E on Oct 30, 2029; TRP.PR.A on Dec 31, 2029. At each reset the dividend reprices to the 5-year Government of Canada benchmark plus the spread fixed in the series' terms, and holders may elect a floating-rate sibling where the terms provide one.
Compare every Canadian preferred share side by side in the screener, or browse peers in the sector guides. The structural background — par value, reset mechanics, and rating tiers — is covered in the preferred shares guide.