TransAlta Declares Dividends
Rhea-AI Summary
TransAlta (TSX: TA) (NYSE: TAC) has announced its quarterly dividend declarations. The company will pay a dividend of $0.06 per common share on April 1, 2025, to shareholders of record as of March 1, 2025.
Additionally, TransAlta declared quarterly dividends on its Cumulative Redeemable Rate Reset First Preferred Shares for the period from December 31, 2024, to March 31, 2025. The preferred shares dividends range from $0.17981 to $0.43088 per share, with dividend rates varying between 2.877% and 6.894%. All dividends are expressed in Canadian dollars.
Positive
- Regular dividend payment maintained at $0.06 per common share
- Consistent dividend payments across all preferred share series
- Higher dividend rates on preferred shares ranging up to 6.894%
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TAC gained 0.61%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of
The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including December 31, 2024, up to but excluding March 31, 2025:
| Preferred Shares | TSX Stock Symbol | Dividend Rate | Dividend Per Share | Record Date | Payment Date | |
| Series A | TA.PR.D | March 1, 2025 | March 31, 2025 | |||
| Series B* | TA.PR.E | March 1, 2025 | March 31, 2025 | |||
| Series C | TA.PR.F | March 1, 2025 | March 31, 2025 | |||
| Series D* | TA.PR.G | March 1, 2025 | March 31, 2025 | |||
| Series E | TA.PR.H | March 1, 2025 | March 31, 2025 | |||
| Series G | TA.PR.J | March 1, 2025 | March 31, 2025 | |||
* Please note the quarterly floating rate on the Series B and Series D Preferred Shares will be reset every quarter.
All currency is expressed in Canadian dollars except where noted. When the dividend payment date falls on a weekend or holiday the payment is made the following business day.
About TransAlta Corporation:
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of hydro-electric power. For over 113 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and the Future-Fit Business Benchmark, which also defines sustainable goals for businesses. Our reporting on climate change management has been guided by the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Standard and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. TransAlta has achieved a 66 per cent reduction in GHG emissions or 21.3 million tonnes CO2e since 2015 and received an upgraded MSCI ESG rating of AA.
For more information about TransAlta, visit our web site at transalta.com.
For more information:
| Investor Inquiries: | Media Inquiries: |
| Phone: 1-800-387-3598 in Canada and US | Phone: 1-855-255-9184 |
| Email: investor_relations@transalta.com | Email: ta_media_relations@transalta.com |
FAQ
What is TransAlta's (TAC) quarterly dividend per common share for Q1 2025?
When is the record date for TransAlta's (TAC) Q1 2025 dividend?
What is the highest preferred share dividend rate for TransAlta (TAC) in Q1 2025?
What is the payment date for TransAlta's (TAC) preferred shares dividends?
