TC Energy hikes dividend as $3B Coastal GasLink charge prompts Q4 loss

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TC Energy hikes dividend as $3B Coastal GasLink charge prompts Q4 loss
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The company says it will raise its quarterly dividend to $0.93 per share from $0.90 for the quarter ending March 31 From jefflagerquist

The company says it will raise its quarterly dividend to $0.93 per share from $0.90 for the quarter ending March 31. The 3.3 per cent increase works out to $3.72 per common share on an annualized basis.

Toronto-listed shares fell 1.06 per cent to $56.23 as at 10:24 a.m. ET. The stock has fallen about 16 per cent in the last 12 months.

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