{"id":44885,"date":"2023-02-27T22:31:02","date_gmt":"2023-02-28T03:31:02","guid":{"rendered":"https:\/\/prefblog.com\/?p=44885"},"modified":"2023-02-27T22:31:02","modified_gmt":"2023-02-28T03:31:02","slug":"drip-on-trp-preferreds","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44885","title":{"rendered":"DRIP on TRP Preferreds"},"content":{"rendered":"<p><a href=\"https:\/\/www.tcenergy.com\/investors\/dividends\/\">According to TC Energy<\/a>:<\/p>\n<blockquote><p>Dividend Reinvestment and Share Purchase Plan<br \/>\nAllows registered common and preferred shareholders to reinvest their cash dividends in additional common shares of TC Energy. Participants are not required to pay brokerage commissions or administrative fees.<\/p>\n<p>Beginning with dividends declared on July 27, 2022, common shares purchased with reinvested cash dividends are issued from Treasury at a 2% discount to the daily average of the weighted average price of all common shares of the Corporation traded on the Toronto Stock Exchange during each of the five trading days preceding the applicable dividend payment date.<\/p>\n<p>Full investment of all funds is possible since fractional shares are also credited to the participant\u2019s account. Statements of Account are mailed to participants each quarter detailing the investments made on their behalf.<\/p>\n<p>Optional cash payments<br \/>\nParticipants in the plan may make optional cash payments of up to $10,000 per quarter to purchase additional common shares.<\/p>\n<p>Optional cash payments may be made at any time, but payments must be received by our Plan Agent, Computershare Investor Services, Inc. at least three business days prior to the dividend payment dates which are generally the last business day of each of January, April, July and October.<\/p>\n<p>Optional cash payments can be made through the authorization\/enrollment form (below).<\/p>\n<p>How to enroll<br \/>\nBeneficial shareholders may be able to enroll through their brokerage firm and should contact their broker. Registered shareholders are required to complete the authorization\/enrollment form (below).<\/p><\/blockquote>\n<p>The following TRP preferreds are outstanding: TRP.PR.A, TRP.PR.B, TRP.PR.C, TRP.PR.D, TRP.PR.E, TRP.PR.F, TRP.PR.G, TRP.PR.H and TRP.PR.I.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to TC Energy: Dividend Reinvestment and Share Purchase Plan Allows registered common and preferred shareholders to reinvest their cash dividends in additional common shares of TC Energy. Participants are not required to pay brokerage &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-44885","post","type-post","status-publish","format-standard","hentry","category-drips"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44885"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44885\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}