TC Energy TRP

TC Energy offers more potential than GICs, with comparatively small risk. At $55.75, and an annual payout of $3.60, TC Energy yields 6.5 per cent.

TC Energy owns and operates 93,300 kilometres of natural gas pipelines and 653 billion cubic feet of storage space in Canada, the United States and Mexico. It also has a 4,900 km network of oil pipelines, which supply Alberta crude to the U.S. market. As well, it invests in a number of power-generation facilities, including wind, solar and nuclear.

The current quarterly dividend is 90 cents per share. The company has raised its payout every year since the turn of the century

Since RonS write up the stock went from C$55.75 to $C66 and now back down to $58