TransCanada Declares Quarterly Dividends
CALGARY, Alberta – April 28, 2006 - (TSX: TRP) (NYSE: TRP) – As announced today in TransCanada's First Quarter 2006 Report to Shareholders, the Board of Directors of TransCanada Corporation declared a quarterly dividend of $0.32 per share on the company’s outstanding common shares for the quarter ending June 30, 2006. It is payable on July 31, 2006 to shareholders of record at the close of business on June 30, 2006.
Also announced today, the Board of Directors of TransCanada PipeLines Limited declared the following regular dividends on TransCanada PipeLines Limited’s preferred shares:
TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure. TransCanada’s network of more than 41,000 kilometres (25,600 miles) of wholly owned pipeline transports the majority of Western Canada’s natural gas production to key Canadian and U.S. markets. A growing independent power producer, TransCanada owns, or has interests in, approximately 6,700 megawatts of power generation in Canada and the United States. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP.
Note: All financial figures are in Canadian dollars unless noted otherwise.
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