TransCanada Declares Series 7 Preferred Share Dividend
CALGARY, ALBERTA -- (Marketwired) -- 04/18/13 -- TransCanada
Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that
the Board of Directors of TransCanada declared an initial dividend of
$0.1562 per share for the period commencing March 4, 2013 to, but
excluding, April 30, 2013, on TransCanada's cumulative redeemable
first preferred shares, series 7 (the "Series 7 Preferred Shares").
The initial dividend is payable on April 30, 2013 to shareholders of
record at the close of business on April 26, 2013.
With more than 60 years' experience, TransCanada is a leader in the
responsible development and reliable operation of North American
energy infrastructure including natural gas and oil pipelines, power
generation and gas storage facilities. TransCanada operates a network
of natural gas pipelines that extends more than 68,500 kilometres
(42,500 miles), tapping into virtually all major gas supply basins in
North America. TransCanada is one of the continent's largest
providers of gas storage and related services with more than 400
billion cubic feet of storage capacity. A growing independent power
producer, TransCanada owns or has interests in over 11,800 megawatts
of power generation in Canada and the United States. TransCanada is
developing one of North America's largest oil delivery systems.
TransCanada's common shares trade on the Toronto and New York stock
exchanges under the symbol TRP. For more information visit:
www.transcanada.com or check us out on Twitter @TransCanada or
Shawn Howard/Grady Semmens
403.920.7859 or 800.608.7859
Investor & Analyst Enquiries:
David Moneta/Lee Evans
403.920.7911 or 800.361.6522
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