TransCanada raises quarterly dividend 5% to 46c per share from 44c per share TransCanada announced that the board of TransCanada declared a quarterly dividend of 46c per common share for the quarter ending March 31, on the company's outstanding common shares. This is a 5% increase over the 44c dividend per share paid in each of the previous four quarters. The common share dividend is payable on April 30 to shareholders of record at the close of business on March 29.
Erickson wins Mexico pipeline construction contract Erickson Incorporated (EAC) has contracted with Group Desarrollo Infaestructura, SA de CV who is contracted with Transcanada Corporationís (TRP) Mexican Subsidiary, Transportadora de Gas del Noreste for a new rural infrastructure pipeline project that will bring clean-burning natural gas to businesses and citizens in Mexico. The agreement will guarantee the use of an S-64 E Aircrane to assist in the external load transport of more than 1,000 natural gas pipeline segments that will complete the 329 mile long Topolobampo Project. This project is a first for Erickson within the construction services market in Mexico. The terrain surrounding the project is rugged and mountainous with minimal ground access. The work will be completed early in Q2.