TransCanada Is an Upside Stock With Steady Dividends

Investors looking for a long-term growth company that pays healthy dividends might find TransCanada (TRP), a leading North American pipeline and energy company, a welcome addition to their portfolios.

TRP is on a multi-year price upside. The stock has a cyclical growth pattern so it best purchased on price dips.

The current quarterly dividend is $0.36 for a dividend yield of 3.40 percent.

For more about dividends and dividend reinvesting, see the buyupside.com miniDividend Book, a quick but comprehensive read.

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Posted March 14, 2008.