TransCanada Declares Quarterly Dividends Board Approves 5 Per Cent Increase to Common

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    • Jan 2009
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    TransCanada Declares Quarterly Dividends Board Approves 5 Per Cent Increase to Common

    CALGARY, ALBERTA -- (Marketwire) -- 02/23/10 -- TransCanada Corporation (TSX: TRP) (NYSE: TRP), (TransCanada) today announced that the Board of Directors (Board) of TransCanada declared a quarterly dividend of $0.40 per common share for the quarter ending March 31, 2010, a five per cent increase over the $0.38 per share paid in each of the previous four quarters on the Company's outstanding common shares. The common share dividend is payable on April 30, 2010 to shareholders of record at the close of business on March 31, 2010. The Board also approved a quarterly dividend of $0.2875 per share for

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