CALGARY, ALBERTA -- (Marketwire) -- 07/30/09 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP), (TransCanada) today announced that the Board of Directors of TransCanada declared a quarterly dividend of $0.38 per common share for the quarter ending September 30, 2009 on the Company's outstanding common shares. The common share dividend is payable on October 30, 2009 to shareholders of record at the close of business on September 30, 2009. The Board of Directors also approved the issuance of common shares from treasury at a three per cent discount under TransCanada's dividend reinvestment plan (DRP) for the dividend payable on October 30,
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