TransCanada Corporation (
) will begin trading ex-dividend on September 26, 2013. A cash
dividend payment of $0.447 per share is scheduled to be paid on
October 31, 2013. Shareholders who purchased TRP stock prior to the
ex-dividend date are eligible for the cash dividend payment. This
represents an 2.31% increase over the prior quarter. At the current
stock price of $44.22, the dividend yield is 4.04%.
The previous trading day's last sale of TRP was $44.22,
representing a -10.94% decrease from the 52 week high of $49.65 and
a 4.32% increase over the 52 week low of $42.39.
TRP is a part of the Public Utilities sector, which includes
companies such as Enterprise Products Partners L.P. (
) and National Grid Transco, PLC (
). TRP's current earnings per share, an indicator of a company's
profitability, is $2.08. Zacks Investment Research reports TRP's
forecasted earnings growth in 2013 as 16.31%, compared to an
industry average of -1.5%.
For more information on the declaration, record and payment
dates, visit the
has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to TRP through an Exchange
Traded Fund [ETF]?
The following ETF(s) have TRP as a top-10 holding:
- First Trust North American Energy Infrastructure Fund (
- SPDR S&P International Energy Sector ETF (
- SPDR S&P Global Infrastructure ETF (
The top-performing ETF of this group is IPW with an increase of
3.69% over the last 100 days. EMLP has the highest percent
weighting of TRP at 3.1%.