TransCanada Corporation ( TRP ) will begin trading ex-dividend on June 28, 2017. A cash dividend payment of $0.463 per share is scheduled to be paid on July 31, 2017. Shareholders who purchased TRP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -1.49% decrease from the prior dividend payment. At the current stock price of $47.48, the dividend yield is 3.9%.
The previous trading day's last sale of TRP was $47.48, representing a -4.59% decrease from the 52 week high of $49.77 and a 11.22% increase over the 52 week low of $42.69.
TRP is a part of the Public Utilities sector, which includes companies such as Enbridge Inc ( ENB ) and Enterprise Products Partners L.P. ( EPD ). TRP's current earnings per share, an indicator of a company's profitability, is $.51. Zacks Investment Research reports TRP's forecasted earnings growth in 2017 as -3.65%, compared to an industry average of 11.7%.
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 ( EMLP )
- ProShares DJ Brookfield Global Infrastructure ETF ( TOLZ ).
The top-performing ETF of this group is TOLZ with an increase of 7.19% over the last 100 days. EMLP has the highest percent weighting of TRP at 4.43%.