TransCanada (NYSE: TRP) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $42.90 as of 9:35 a.m. ET, the dividend yield is 4.1%. The average volume for TransCanada has been 561,900 shares per day over the past 30 days. TransCanada has a market cap of $31.1 billion and is part of the utilities industry. Shares are down 9.6% year to date as of the close of trading on Monday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more. TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. The company has a P/E ratio of 22.70. TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full TransCanada Ratings Report now.
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