Citigroup Inc. Acquires 61,013 Shares of TC Energy Corporation $TRP

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Citigroup Inc. increased its stake in TC Energy Corporation by 19.2%, acquiring an additional 61,013 shares, bringing its total holdings to 378,086 shares valued at $20.56 million. TC Energy also recently announced an increase in its quarterly dividend to $0.8775 per share, resulting in an annualized dividend of $3.51 and a 5.6% yield. Analyst sentiment for TC Energy is mixed, with a consensus “Hold” rating and a target price of $72.50.

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