TransCanada Co. (TSE:TRP) (NYSE:TRP) insider Anthony M. Palmer acquired 2,000 shares of TransCanada stock in a transaction that occurred on Tuesday, February 20th. The stock was acquired at an average cost of C$56.74 per share, with a total value of C$113,480.00.
TransCanada Co. (TSE:TRP) opened at C$57.53 on Thursday. The company has a market cap of $50,710.00, a price-to-earnings ratio of 22.83 and a beta of 0.20. TransCanada Co. has a twelve month low of C$52.05 and a twelve month high of C$65.18.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Thursday, March 29th will be issued a $0.69 dividend. This represents a $2.76 annualized dividend and a yield of 4.80%. The ex-dividend date is Wednesday, March 28th. This is an increase from TransCanada’s previous quarterly dividend of $0.63. TransCanada’s dividend payout ratio (DPR) is 99.21%.
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TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S.
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