TRP

Cash Dividend On The Way From TransCanada (TRP)

Looking at the universe of stocks we cover at Dividend Channel , on 12/28/18, TransCanada Corp (Symbol: TRP) will trade ex-dividend, for its quarterly dividend of $0.69, payable on 1/31/19. As a percentage of TRP's recent stock price of $35.36, this dividend works out to approximately 1.95%, so look for shares of TransCanada Corp to trade 1.95% lower - all else being equal - when TRP shares open for trading on 12/28/18.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TRP is likely to continue, and whether the current estimated yield of 7.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TRP shares, versus its 200 day moving average:

Looking at the chart above, TRP's low point in its 52 week range is $35.32 per share, with $49.89 as the 52 week high point - that compares with a last trade of $35.43.

In Wednesday trading, TransCanada Corp shares are currently off about 0.3% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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


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

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