TC Energy

TRP

Market cap $69.4B

I detail the two places where I am putting my biggest bets right now. These 7%+ yielding dividend investments are backed by major macro tailwinds. I also discuss the risks to keep in mind.

Nuclear energy can help relieve strain on traditional grids. Newer nuclear energy companies are typically unprofitable.

CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that at its 2026 annual meeting of shareholders held earlier today, each of the following 13 nominees were elected as directors of TC Energy on a vote by ballot to serve until the next annual meeting of shareholders of TC Energy, or until their successors are elected or earlier appointed:

TC Energy Corporation (TRP:CA) Shareholder/Analyst Call Transcript

TRP beats Q1 earnings estimates, boosts dividend and posts strong segment growth, even as revenues miss expectations and outlook stays intact.

TC Energy is largely a pure-play midstream natural gas pipeline infrastructure player operating in the U.S., Canada, and Mexico. TRP's business model is anchored in long-term, rate-regulated natural gas pipeline contracts, providing predictable cash flows but little exposure to commodity fluctuations, both in upside as well as downside. Recent price appreciation has compressed yields materially. At current valuation, expected returns appear largely dependent on dividend income and modest contractual growth at large.

Infrastructure is a core piece of the durable income investor's puzzle. It has the potential to produce high recurrent dividends without NAV erosion. My current challenge is to find picks that produce sufficiently high yields and don't overallocate to the AI-related boom.

It is generally prudent to focus on stocks with single-digit yields and steady dividend growth. However, not all 10%+ yields are dangerous. I detail two double-digit yielding income machines that offer strong sustainability without blowing up your portfolio.

Most energy ETFs are a way to play oil prices. The VanEck Energy Income ETF (NYSEARCA:EINC) is something more boring and arguably more useful.

TC Energy Corporation (TRP:CA) Q1 2026 Earnings Call Transcript