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TC PipeLines, LP (TCP) Ex-Dividend Date Scheduled for January 24, 2014
By: NASDAQ.com News
TC PipeLines, LP ( TCP ) will begin trading ex-dividend on January 24, 2014. A cash dividend payment of $0.81 per share is scheduled to be paid on February 14, 2014. Shareholders who purchased TCP stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that TCP has paid the same dividend.
The previous trading day's last sale of TCP was $47.58, representing a -9.56% decrease from the 52 week high of $52.61 and a 14.18% increase over the 52 week low of $41.67.
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 $2.06. Zacks Investment Research reports TCP's forecasted earnings growth in 2013 as -16.28%, compared to an industry average of -6.4%.