Tc Pipelines Lp (TSE:TRP) (NYSE:TRP) Director Brandon M. Anderson sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, November 29th. The shares were sold at an average price of C$54.27, for a total value of C$54,270.00.
Shares of TRP stock traded up C$0.05 during trading hours on Friday, hitting C$54.45. The stock had a trading volume of 3,057,400 shares, compared to its average volume of 2,008,652. Tc Pipelines Lp has a twelve month low of C$48.92 and a twelve month high of C$63.77. The company has a debt-to-equity ratio of 159.12, a current ratio of 0.47 and a quick ratio of 0.36.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 31st. Stockholders of record on Monday, December 31st will be issued a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 5.07%. The ex-dividend date is Friday, December 28th. Tc Pipelines’s payout ratio is currently 74.63%.
TRADEMARK VIOLATION WARNING: “Brandon M. Anderson Sells 1,000 Shares of Tc Pipelines Lp (TRP) Stock” was originally posted by Markets Daily and is owned by of Markets Daily. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.themarketsdaily.com/2018/12/01/brandon-m-anderson-sells-1000-shares-of-tc-pipelines-lp-trp-stock.html.
About Tc Pipelines
TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation and individual facilities, interconnecting pipelines, and other businesses.
Featured Story: What are different types of coverage ratios?
Receive News & Ratings for Tc Pipelines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tc Pipelines and related companies with MarketBeat.com's FREE daily email newsletter.