TransCanada Co. (TRP) Announces Quarterly Dividend of $0.46
TransCanada (NYSE:TRP) announced a quarterly dividend on Tuesday, November 5th, StockRatingsNetwork.com reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.46 per share on Friday, January 31st. This represents a $1.84 annualized dividend and a dividend yield of 4.09%.
Shares of TransCanada (NYSE:TRP) opened at 45.13 on Tuesday. TransCanada has a 52 week low of $42.39 and a 52 week high of $49.65. The stock’s 50-day moving average is $44.08 and its 200-day moving average is $45.32. The company has a market cap of $31.907 billion and a price-to-earnings ratio of 21.04.
TransCanada (NYSE:TRP) last announced its earnings results on Tuesday, November 5th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.58 by $0.10. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts predict that TransCanada will post $2.23 earnings per share for the current fiscal year.
TransCanada Corporation (NYSE:TRP) is a North American energy infrastructure company focused on natural gas pipelines, oil pipelines and energy.
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