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2017-08-01 12:20:00

TRANSCANADA'S NET INCOME $881 MLN

TRANSCANADA'S NET INCOME $881 MLN

TRANSCANADA - TransCanada Corporation (TSX, NYSE: TRP) (TransCanada or the Company) announced net income attributable to common shares for second quarter 2017 of $881 million or $1.01 per share compared to net income of $365 million or $0.52 per share for the same period in 2016. Comparable earnings for second quarter 2017 were $659 million or $0.76 per share compared to $366 million or $0.52 per share for the same period in 2016. TransCanada's Board of Directors also declared a quarterly dividend of $0.625 per common share for the quarter ending September 30, 2017, equivalent to $2.50 per common share on an annualized…

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Tags: TRANSCANADA, OIL, GAS, PIPELINE
Chronicle:
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