Distribution History

Sistribution Chart

Payment Date

Record Date

Ex-Dividend Date

Distribution Per Unit

 May 15, 2017  May 5, 2017  May 3, 2017  94.0 cents
 February 14, 2017  February 2, 2017  January 31, 2017  94.0 cents
 November 14, 2016  November 1, 2016  October 28, 2016  94.0 cents
 August 12, 2016  August 1, 2016  July 28, 2016  94.0 cents
 May 13, 2016  May 2, 2016  April 28, 2016  89.0 cents
 February 12, 2016  February 2, 2016  January 29, 2016  89.0 cents
 November 13, 2015  November 3, 2015  October 30, 2015  89.0 cents
 August 14, 2015  August 4, 2015  July 31, 2015  89.0 cents
 May 15, 2015  May 5, 2015  May 1, 2015  84.0 cents
 February 13, 2015  February 3, 2015  January 30, 2015  84.0 cents
 November 14, 2014  November 4, 2014  October 31, 2014  84.0 cents
 August 14, 2014  August 5, 2014  August 1, 2014  84.0 cents
 May 15, 2014  May 5, 2014  May 1, 2014  81.0 cents
 February 14, 2014  January 28, 2014  January 24, 2014  81.0 cents
 November 14, 2013  November 5, 2013  November 1, 2013  81.0 cents
 August 14, 2013  August 5, 2013  August 1, 2013  81.0 cents
 May 15, 2013  May 6, 2013  May 2, 2013  78.0 cents
 February 14, 2013  January 29, 2013  January 25, 2013  78.0 cents
 November 14, 2012  November 5, 2012  November 1, 2012  78.0 cents
 August 14, 2012  August 3, 2012  August 1, 2012  78.0 cents
 May 15, 2012  May 4, 2012  May 2, 2012  77.0 cents
 February 14, 2012  January 31, 2012  January 27, 2012  77.0 cents
 November 14, 2011  October 31, 2011  October 27, 2011  77.0 cents
 August 12, 2011  July 31, 2011  July 27, 2011  77.0 cents
 May 13, 2011  April 30, 2011  April 27, 2011  75.0 cents
 February 14, 2011  January 31, 2011  January 27, 2011  75.0 cents
 November 12, 2010  October 31, 2010  October 27, 2010  75.0 cents
 August 13, 2010  July 31, 2010  July 28, 2010  73.0 cents
 May 14, 2010  April 30, 2010  April 28, 2010  73.0 cents
 February 12, 2010  January 31, 2010  January 27, 2010  73.0 cents
 November 13, 2009  October 31, 2009  October 28, 2009  73.0 cents
 August 14, 2009  July 31, 2009  July 29, 2009  73.0 cents

May 15, 2009

April 30, 2009

April 28, 2009

70.5 cents

February 13, 2009

January 30, 2009

January 28, 2009

70.5 cents

November 14, 2008

October 31, 2008

October 29, 2008

70.5 cents

August 14, 2008

July 31, 2008

July 29, 2008

70.5 cents

May 15, 2008

April 30, 2008

April 28, 2008

70.0 cents

February 14, 2008

January 31, 2008

January 29, 2008

66.5 cents

November 14, 2007

October 31, 2007

October 29, 2007

66.0 cents

August 14, 2007

July 31, 2007

July 27, 2007

65.5 cents

May 15, 2007

April 30, 2007

April 26, 2007

65.0 cents

February 14, 2007

January 31, 2007

January 29, 2007

60.0 cents

November 14, 2006

October 31, 2006

October 27, 2006

60.0 cents

August 14, 2006

July 31, 2006

July 27, 2006

57.5 cents

May 15, 2006

April 28, 2006

April 26, 2006

57.5 cents

February 14, 2006

January 31, 2006

January 27, 2006

57.5 cents

November 14, 2005

October 31, 2005

October 27, 2005

57.5 cents

August 12, 2005

July 29, 2005

July 27, 2005

57.5 cents

May 13, 2005

April 29, 2005

April 27, 2005

57.5 cents

February 14, 2005

January 31, 2005

January 27, 2005

57.5 cents

November 12, 2004

October 29, 2004

October 27, 2004

57.5 cents

August 13, 2004

July 30, 2004

July 28, 2004

57.5 cents

May 14, 2004

April 30, 2004

April 28, 2004

55.0 cents

February 13, 2004

January 30, 2004

January 28, 2004

55.0 cents

November 14, 2003

October 31, 2003

October 29, 2003

55.0 cents

August 14, 2003

July 31, 2003

July 29, 2003

55.0 cents

May 15, 2003

April 30, 2003

April 28, 2003

52.5 cents

February 14, 2003

January 31, 2003

January 29, 2003

52.5 cents

November 14, 2002

October 31, 2002

October 29, 2002

52.5 cents

August 14, 2002

July 31, 2002

July 29, 2002

52.5 cents

May 15, 2002

April 30, 2002

April 26, 2002

50.0 cents

February 14, 2002

January 31, 2002

January 29, 2002

50.0 cents

November 14, 2001

October 31, 2001

October 29, 2001

50.0 cents

August 14, 2001

July 31, 2001

July 27, 2001

50.0 cents

May 15, 2001

April 30, 2001

April 26, 2001

47.5 cents

February 14, 2001

January 31, 2001

January 29, 2001

47.5 cents

November 14, 2000

October 31, 2000

October 27, 2000

47.5 cents

August 14, 2000

July 31, 2000

July 27, 2000

45 cents

May 15, 2000

April 28, 2000

April 26, 2000

45 cents

February 14, 2000

January 31, 2000

January 27, 2000

45 cents

November 12, 1999

October 29, 1999

October 27, 1999

45 cents

August 12, 1999

July 30, 1999

July 28, 1999

16.81 cents (1)

 

This information is historical and cannot be used to make predictions on future distributions from the Partnership.

Future dates are tentative - for informational purposes only

(1)The Partnership's initial cash distribution was 16.81 cents per unit. This distribution reflected the shortened period of May 28 to June 30, 1999. The target distribution level (the Minimum Quarterly Distribution) for a full three-month period was set at 45 cents in TC PipeLines' May 24, 1999 initial public offering prospectus. The prospectus also stated that the initial distribution of the Partnership would be adjusted to reflect the actual number of days from the closing of the offering to the end of the quarter. The initial cash distribution of 16.81 cents per unit was calculated as follows:

Date offering closed: May 28, 1999
End of initial quarter: June 30, 1999
Number of days from closing to quarter end: 34
Number of days in full three-month quarter: 91
Minimum Quarterly Distribution: 45 cents
34 days divided by 91 days multiplied by 45 cents = 16.81 cents

 
 
 
 
 
 
 
 
 

Cash Distribution Policy

The holder of the general partner interest is entitled to receive 2 percent of total cash distributions until the MQD has been achieved, at which time it will have the right to receive incentive distributions. Incentive distribution rights represent the right to receive an increasing percentage of quarterly distributions of available cash after the MQD has been achieved.

The Partnership expects to make cash distributions approximately 45 days after the end of each quarter. There is no assurance, however, that the MQD will be made on the common units.

A detailed description of TC PipeLines, LP's cash distribution policy is in the May 24, 1999 initial public offering prospectus.