What makes TransCanada a solid investment for long-term growth? Our proven strategy, financial strength, diversified high-quality assets providing multiple platforms for growth, dividend growth and financial discipline.
For more than 65 years we’ve delivered on our commitment to meet the ever-increasing demand for energy in a safe and sustainable manner. We’ve provided significant value to our shareholders with a 13% average annual return since 2000 and increased our dividend in each year since.
Our financial position remains strong with a solid balance sheet and numerous levers available to fund growth.
TransCanada operates three complementary energy infrastructure businesses across three geographies in North America.
Led by President & CEO, Russell K. Girling, our highly regarded executive leadership team and thousands of inspired employees, we’re well positioned to navigate an ever-evolving energy and business environment to achieve our goals.
Since 2000, we have grown our asset base from $26 billion to $100 billion. Simultaneously, we've raised the annual dividend from $0.80 per share to $3.00 per share in 2019 (based on most recent declared quarterly dividend). Our portfolio of complementary infrastructure assets and $30 billion of secured growth projects are expected to support annual dividend growth of 8 to 10% through 2021.
With continued expected growth in each of our business lines, we expect to continue to grow our business for decades to come, delivering growing returns to our investors.
Featured Reports & Filings
Credit ratings are intended to provide investors with an independent measure of credit quality of an issue of securities. Credit ratings are not recommendations to purchase, hold or sell securities and do not address the market quality or suitability of a specific security for a particular investor. These are assigned by credit rating agencies such as Moody's, Standard & Poor's, Fitch, and DBRS. While TransCanada Corporation has a credit rating it is not an issuer of debt securities. Debt securities are held at TransCanada PipeLines Limited or subsidiary companies.
Standard & Poor's | Moody's Investors Service | Fitch | DBRS | |
---|---|---|---|---|
Senior unsecured | BBB+ | Baa1 | A- | A (low) |
Trend/rating outlook | Stable | Stable | Stable | Stable |