TransCanada (TRP) Declares $0.52 Quarterly Dividend; 5.4% Yield

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TransCanada Declares Quarterly Dividends

July 31, 2015 7:05 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 07/31/15 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada or the Company) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.52 per common share for the quarter ending September 30, 2015, on the Company's outstanding common shares. The common share dividend is payable on October 30, 2015, to shareholders of record at the close of September 30, 2015.

The Board also declared the following regular dividends on TransCanada's preferred shares:

-- A quarterly dividend of $0.204125 per share for the period up to but excluding September 30, 2015, on... More

TransCanada Reports Strong Second Quarter 2015 Financial Results

July 31, 2015 7:01 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 07/31/15 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced net income attributable to common shares for second quarter 2015 of $429 million or $0.60 per share compared to $416 million or $0.59 per share for the same period in 2014. Comparable earnings for second quarter 2015 were $397 million or $0.56 per share compared to $332 million or $0.47 per share for the same period last year. TransCanada's Board of Directors also declared a quarterly dividend of $0.52 per common share for the quarter ending September 30, 2015, equivalent to $2.08 per common share on an annualized... More