TransCanada Declares Quarterly Dividends

NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: TRANSCANADA 
TSX SYMBOL:  TRP
NYSE SYMBOL:  TRP 
JULY 31, 2014 
TransCanada Declares Quarterly Dividends 
CALGARY, ALBERTA--(Marketwired - July 31, 2014) - TransCanada Corporation
(TSX:TRP) (NYSE:TRP) (TransCanada or the Company) today announced that the
Board of Directors (Board) of TransCanada declared a quarterly dividend of
$0.48 per common share for the quarter ending September 30, 2014, on the
Company's outstanding common shares. The common share dividend is payable
on October 31, 2014, to shareholders of record at the close of business on
September 30, 2014. 
The Board also declared the following regular dividends on TransCanada's
preferred shares: 
/T/ 
--  A quarterly dividend of $0.2875 per share for the period up to but 
excluding September 30, 2014, on TransCanada's outstanding Cumulative 
Redeemable First Preferred Shares, Series 1. The dividend is payable on 
September 30, 2014, to shareholders of record at the close of business 
on September 2, 2014. 
--  A quarterly dividend of $0.25 per share for the period up to but 
excluding September 30, 2014, on TransCanada's outstanding Cumulative 
Redeemable First Preferred Shares, Series 3. The dividend is payable on 
September 30, 2014, to shareholders of record at the close of business 
on September 2, 2014. 
--  A quarterly dividend of $0.275 per share for the period up to but 
excluding October 30, 2014, on TransCanada's outstanding Cumulative 
Redeemable First Preferred Shares, Series 5. The dividend is payable on 
October 30, 2014, to shareholders of record at the close of business on 
September 30, 2014. 
--  A quarterly dividend of $0.25 per share for the period up to but 
excluding October 30, 2014, on TransCanada's outstanding Cumulative 
Redeemable First Preferred Shares, Series 7. The dividend is payable on 
October 30, 2014, to shareholders of record at the close of business on 
September 30, 2014. 
--  A quarterly dividend of $0.265625 per share for the period up to but 
excluding October 30, 2014, on TransCanada's outstanding Cumulative 
Redeemable First Preferred Shares, Series 9. The dividend is payable on 
October 30, 2014, to shareholders of record at the close of business on 
September 30, 2014. 
/T/ 
These dividends are designated by TransCanada to be eligible dividends for
purposes of the Income Tax Act (Canada) and any similar provincial or
territorial legislation. An enhanced dividend tax credit applies to eligible
dividends paid to Canadian residents.  
Common shares purchased with reinvested cash dividends under TransCanada's
Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the
Toronto Stock Exchange at 100 per cent of the weighted average purchase price.
The DRP is available for dividends payable on TransCanada's common and
preferred shares. 
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 http://blog.transcanada.com.  
FORWARD LOOKING INFORMATION  
This publication contains certain information that is forward-looking and is
subject to important risks and uncertainties (such statements are usually
accompanied by words such as "anticipate", "expect",
"believe", "may", "will", "should",
"estimate", "intend" or other similar words).
Forward-looking statements in this document are intended to provide TransCanada
security holders and potential investors with information regarding TransCanada
and its subsidiaries, including management's assessment of
TransCanada's and its subsidiaries' future plans and financial
outlook. All forward-looking statements reflect TransCanada's beliefs and
assumptions based on information available at the time the statements were made
and as such are not guarantees of future performance. Readers are cautioned not
to place undue reliance on this forward-looking information, which is given as
of the date it is expressed in this news release, and not to use
future-oriented information or financial outlooks for anything other than their
intended purpose. TransCanada undertakes no obligation to update or revise any
forward-looking information except as required by law. For additional
information on the assumptions made, and the risks and uncertainties which
could cause actual results to differ from the anticipated results, refer to the
Quarterly Report to Shareholders dated July 31, 2014 and 2013 Annual Report
filed under TransCanada's profile on SEDAR at www.sedar.com and with the
U.S. Securities and Exchange Commission at www.sec.gov. 
-30-
FOR FURTHER INFORMATION PLEASE CONTACT: 
Media Enquiries:
Shawn Howard/ Davis Sheremata
403.920.7859 or 800.608.7859
or
TransCanada Investor & Analyst Enquiries:
David Moneta/ Lee Evans
403.920.7911 or 800.361.6522 
INDUSTRY:  Energy and Utilities - Oil and Gas  
SUBJECT:  DIV 
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-0- Jul/31/2014 18:13 GMT
 
 
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