Insider Selling: TransCanada Co. (TRP) Insider Sells 200 Shares of Stock
TransCanada Co. (TSE:TRP) (NYSE:TRP) insider Lee G. Hobbs sold 200 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of C$62.74, for a total value of C$12,548.00.
TransCanada Co. (TSE TRP) traded up C$0.02 during trading hours on Thursday, hitting C$62.49. The stock had a trading volume of 1,875,158 shares, compared to its average volume of 1,494,099. TransCanada Co. has a fifty-two week low of C$59.23 and a fifty-two week high of C$65.24.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be given a dividend of $0.625 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.50 annualized dividend and a dividend yield of 4.00%. TransCanada’s dividend payout ratio (DPR) is 120.79%.
TransCanada Company Profile
TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.
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