TC PipeLines, LP (TCP) Ex-Dividend Date Scheduled for May 02, 2013


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TC PipeLines, LP ( TCP ) will begin trading ex-dividend on May 02, 2013. A cash dividend payment of $0.78 per share is scheduled to be paid on May 15, 2013. Shareholders who purchased TCP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TCP has paid the same dividend. At the current stock price of $47, the dividend yield is 6.64%.

The previous trading day's last sale of TCP was $47, representing a -6.5% decrease from the 52 week high of $50.27 and a 23.04% increase over the 52 week low of $38.20.

TCP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). TCP's current earnings per share, an indicator of a company's profitability, is $2.32. Zacks Investment Research reports TCP's forecasted earnings growth in 2013 as -8.76%, compared to an industry average of -.5%.

For more information on the declaration, record and payment dates, visit the TCP Dividend History page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: EPD , NGG , TCP

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