Thread by @finityfund

TC #Energy (#TSX: $TRP)(#NYSE: $TRP) is a reliable bet to generate a regular inflow of cash amid all market conditions. This energy infrastructure giant owns a low-risk portfolio of regulated and contracted assets that account for most of its earnings and easily cover its payouts

Further, it makes it relatively immune to the economic cycles. It’s worth mentioning that TC Energy’s 95% of adjusted EBITDA is generated through the regulated and long-term contracted assets.

It implies that its payouts are very safe. Further, the company increased its dividend at a CAGR of 7% over the past 22 years. What’s more, TC Energy offers an attractive yield of 5%.

TC Energy’s high asset utilization rate, strong investment pipeline, $24 billion of secured projects, and energy transition opportunities could continue to drive its cash flows and shareholders’ return.

Thanks to the ongoing momentum in its business, TC Energy expects to grow its EBITDA at a CAGR of 5% in the medium term. Meanwhile, it expects to increase its dividend by 3-5% per annum in the coming years.