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Stock impact report

TFSA Passive Income: 2 TSX Stocks to Own for Dividend Growth [Yahoo! Finance Canada]

TC Energy Corporation (TRP) 
Last tc energy corporation earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: transcanada.com/en/investors
Canadian pensioners and other income investors are searching for reliable dividend stocks to add to their self-directed Tax-Free Savings Account (TFSA) portfolios. In the current market conditions, where the TSX sits near its record high and economic headwinds could be on the horizon, it makes sense to consider stocks with long track records of delivering steady dividend growth through the full economic cycle. TC Energy TC Energy TSX:TRP ) trades near $76 per share at the time of writing compared to $50 two years ago. The rally began around the time the Bank of Canada and the U.S. Federal Reserve signalled they were done raising interest rates in their battle to get inflation under control. TC Energy uses debt to fund its large capital projects that often cost billions of dollars and can take years to complete. The subsequent cuts to rates last year and in 2025 have helped reduce borrowing costs. Investors have also returned to the stock after TC Energy shored up its balanc Show less Read more
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