TransCanada Profits Beats Estimates, Boosts Divided


Reuters 2/13/2015

Feb 13 (Reuters) – TransCanada Corp, Canada’s second-largest pipeline company, reported on Friday a better-than-expected fourth quarter profit, driven mainly by increased earnings from its Canadian operations. The Calgary-based company also boosted its quarterly dividend by 8 percent to 52 Canadian cents per share, up from 48 Canadian cents in the last four quarters. Shares were down 0.26 percent at C$58.35 on the Toronto Stock Exchange.

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