TransCanada Extends Dividend Plan, Spending $36.7 Billion

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  • Company pledges to boost rate 8 to 10% yearly through 2020
  • Small to medium-sized pipeline, power projects back increase

TransCanada Corp. is extending its plan to increase investor payouts by 8 percent to 10 percent annually through 2020 even after the U.S. rejected its $8 billion Keystone XL pipeline.

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