Free Trial

TransAlta (TAC) Dividend Yield, Date & History

TransAlta logo
$13.85 -0.06 (-0.43%)
(As of 12/20/2024 05:31 PM ET)

TransAlta Dividend Summary

Dividend Yield
1.23%
Annual Dividend
$0.17
Next
Dividend Payment
Jan. 1
Annualized 3-Year
Dividend Growth
8.55%
Dividend Payout Ratio
45.95%

TransAlta (TAC) pays an annual dividend of $0.17 per share, with a dividend yield of 1.23%. The next quarterly payment of $0.0440 per share is scheduled for Wednesday, January 1, to investors who owned the stock before the ex-dividend date of Friday, November 29. The company currently pays out 45.95% of its earnings and 5.67% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

TAC Dividend Payments by Quarter

The chart below displays up to four years of TransAlta's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TAC Dividend Yield Over Time

The chart below tracks TransAlta's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

TransAlta vs. The Competition

Compare TransAlta's annual dividend, yield, and 3-year growth rate with averages for Utilities and NYSE companies to evaluate its performance against the market.

TypeTransAltaUtilities CompaniesNYSE Companies
Annual Dividend$0.17$0.04$1.39
Dividend Yield1.23%4.12%3.61%
Annualized 3-Year Dividend Growth8.55%1.33%15.78%

TransAlta Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings45.95%
Based on This Year's Estimate30.91%
Based on Next Year's Estimate40.48%
Based on Cashflow5.67%

TransAlta Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/11/2024quarterly$0.0423-$0.0017
3.77%
1.2%2/28/20253/1/20254/1/2025
10/23/2024Quarterly$0.0440 - 1.73%11/29/202412/1/20241/1/2025
7/29/2024Quarterly$0.0440+$0.0002
0.46%
2.39%8/30/20249/1/202410/1/2024
4/24/2024quarterly$0.0438+$0.0001
0.23%
2.5%5/31/20246/1/20247/1/2024
11/22/2023quarterly$0.0437+$0.0039
9.80%
2%2/29/20243/1/20244/1/2024
10/30/2023quarterly$0.0398-$0.0022
5.24%
2.2%11/30/202312/1/20231/1/2024
7/27/2023Quarterly$0.0420+$0.0010
2.44%
1.68%8/31/20239/1/202310/1/2023
4/27/2023Quarterly$0.0410 - 1.84%5/31/20236/1/20237/1/2023

This table shows TransAlta's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

TransAlta Dividend - Frequently Asked Questions

The current dividend yield for TransAlta is 1.23%. Learn more on TAC's dividend yield history.

The annual dividend for TAC shares is $0.17. Learn more on TAC's annual dividend history.

TransAlta pays quarterly dividends to shareholders.

TransAlta's next quarterly dividend payment of $0.0423 per share will be made to shareholders on Tuesday, April 1, 2025.

TransAlta's next quarterly dividend payment of $0.0423 per share will be made to shareholders on Wednesday, January 1, 2025.

TransAlta's most recent quarterly dividend payment of $0.0440 per share was made to shareholders on Tuesday, October 1, 2024.

TransAlta's next ex-dividend date is Friday, February 28, 2025.

TransAlta's most recent ex-dividend date was Friday, November 29, 2024.

Over the past three years, the company's dividend has grown by an average of 8.55% per year.

The most recent change in the company's dividend was a decrease of $0.0017 on Wednesday, December 11, 2024.

The dividend payout ratio for TAC is:
  • 45.95% based on the trailing year of earnings
  • 30.91% based on this year's estimates
  • 40.48% based on next year's estimates
  • 5.67% based on cash flow

TransAlta's dividend yield of 1.24% is lower than the average Utilities company that issues a dividend. TransAlta's dividend payout ratio of 45.95% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate TransAlta stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (NYSE:TAC) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners