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TransCanada Secures Commercial Support for Merrick Mainline
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TransCanada Corporation has announced net income attributable to common shares for second quarter 2014 of $416 million or $0.59 per share compared to $365 million or $0.52 per share for the same period in 2013.
Comparable earnings for second quarter 2014 were $332 million or $0.47 per share compared to $357 million or $0.51 per share for the same period last year.
TransCanada's Board of Directors also declared a quarterly dividend of $0.48 per common share for the quarter ending September 30, 2014, equivalent to $1.92 per common share on an annualized basis.
Russ Girling, TransCanada's president and chief executive officer, said: "The majority of our business segments performed well over the course of the second quarter and demonstrate the benefits of a diversified and growing portfolio…
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