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TransCanada Declares Quarterly Dividends of $.42

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johnsyn Member Profile johnsyn Member Level 
Thursday, July 28, 2011 4:21:00 PM
Re: None Post # of 128 
TransCanada Declares Quarterly Dividends of $.42
Transcanada (TSE:TRP)
Intraday Stock Chart
Today : Thursday 28 July 2011

TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.42 per common share for the quarter ending September 30, 2011 on the Company's outstanding common shares. The common share dividend is payable on October 31, 2011 to shareholders of record at the close of business on September 30, 2011.

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


-- A quarterly dividend of $0.2875 per share for the period ending
September 30, 2011, on TransCanada's outstanding Cumulative Redeemable
First Preferred Shares, Series 1. The dividend is payable on September
30, 2011, to shareholders of record at the close of business on August
31, 2011.

-- A quarterly dividend of $0.25 per share for the period ending September
30, 2011 on TransCanada's outstanding Cumulative Redeemable First
Preferred Shares, Series 3. The dividend is payable on September 30,
2011 to shareholders of record at the close of business on August 31,
2011.

-- A quarterly dividend of $0.275 per share for the period ending October
30, 2011 on TransCanada's outstanding Cumulative Redeemable First
Preferred Shares, Series 5. The dividend is payable on October 31, 2011
to shareholders of record at the close of business on September 30,
2011.

In addition, the Board declared the following regular dividends on TransCanada PipeLines Limited (TCPL) preferred shares:


-- Dividend Number 52 was declared on the outstanding Cumulative Redeemable
First Preferred Shares Series U in the amount of $0.70 per share for the
period ending October 30, 2011. The dividend is payable on October 31,
2011 to shareholders of record at the close of business on September 30,
2011.

-- Dividend Number 51 was declared on the outstanding Cumulative Redeemable
First Preferred Shares Series Y in the amount of $0.70 per share for the
period ending November 1, 2011. The dividend is payable on November 1,
2011 to shareholders of record at the close of business on September 30,
2011.




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