5 Canadian Dividend Stocks With Over 3% Yield

3. TC Energy Corporation (NYSE:TRP)

Dividend Yield as of February 11: 5.22%

Number of Hedge Fund Holders: 15

Headquartered in Calgary, Alberta, TC Energy Corporation (NYSE:TRP) is a leading North American energy company that specializes in pipeline transport, natural gas storage, and electricity generation. TC Energy Corporation (NYSE:TRP) develops energy infrastructure across Canada, the United States, and Mexico. 

TC Energy Corporation (NYSE:TRP) declared on November 5 a $0.87 per share quarterly dividend, in line with previous. The dividend was paid on January 31, to shareholders of record on December 31. TC Energy Corporation (NYSE:TRP)’s dividend yield on February 11 came in at 5.22%. 

On January 11, CIBC analyst Robert Catellier lowered the price target on TC Energy Corporation (NYSE:TRP) to C$69 from C$72 and kept an Outperform rating on the shares.

Heathbridge Capital Management held a prominent stake in TC Energy Corporation (NYSE:TRP) in Q3 2021, owning 652,515 shares worth $31.3 million. Overall, 15 hedge funds tracked by Insider Monkey at the close of the third quarter were bullish on TC Energy Corporation (NYSE:TRP), down from 22 funds in the prior quarter.