TransCanada (TRP) Declares $0.625 Quarterly Dividend; 5.5% Yield

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TransCanada Declares Quarterly Dividends

May 5, 2017 7:31 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/05/17 -- News Release - 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 $0.625 per common share for the quarter ending June 30, 2017, on the Company's outstanding common shares. The common share dividend is payable on July 31, 2017 to shareholders of record at the close of business on June 30, 2017.

The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:

-- For the period up... More