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TransAlta Corporation Announces Quarterly Dividend Update

TransAlta Corporation Announces Quarterly Dividend Update

TransAlta Corporation Quarterly Dividend Declaration

TransAlta Corporation has recently declared a quarterly dividend of $0.06 per common share. This dividend is scheduled to be paid to shareholders on January 1, 2025. Shareholders must be on record by the close of business on December 1, 2024, to be eligible for this payment.

Details on Preferred Shares Dividends

Additionally, TransAlta declared several dividends regarding its Cumulative Redeemable Rate Reset First Preferred Shares. These dividends cover the period starting from September 30, 2024, to December 31, 2024. Here’s a concise summary of the preferred shares and the associated dividends:

Key Dividend Information

The following preferred shares are included in the dividend announcement:

  • Series A: TSX: TA.PR.D, Dividend Rate: 2.877%, Dividend Per Share: $0.17981, Record Date: December 1, 2024, Payment Date: December 31, 2024.
  • Series B: TSX: TA.PR.E, Dividend Rate: 6.235%, Dividend Per Share: $0.39182, Record Date: December 1, 2024, Payment Date: December 31, 2024.
  • Series C: TSX: TA.PR.F, Dividend Rate: 5.854%, Dividend Per Share: $0.36588, Record Date: December 1, 2024, Payment Date: December 31, 2024.
  • Series D: TSX: TA.PR.G, Dividend Rate: 7.305%, Dividend Per Share: $0.45906, Record Date: December 1, 2024, Payment Date: December 31, 2024.
  • Series E: TSX: TA.PR.H, Dividend Rate: 6.894%, Dividend Per Share: $0.43088, Record Date: December 1, 2024, Payment Date: December 31, 2024.
  • Series G: TSX: TA.PR.J, Dividend Rate: 6.773%, Dividend Per Share: $0.42331, Record Date: December 1, 2024, Payment Date: December 31, 2024.

Commitment to Sustainability

TransAlta is not only committed to providing dividends but is also deeply focused on sustainability and social responsibility. The company operates in multiple regions, including the United States and Australia, managing a diverse fleet of electrical power generation assets. This allows the firm to provide reliable and affordable energy solutions while maintaining a commitment to reducing greenhouse gas emissions.

Environmental Efforts

Since 2015, TransAlta has achieved a remarkable 66% reduction in its GHG emissions, which equates to approximately 21.3 million tonnes of CO2e. This achievement highlights their dedication to aligning corporate strategies with the United Nations Sustainable Development Goals.

Investor and Media Relations

For any inquiries regarding investments or media relations, TransAlta’s Investor Relations can be reached at 1-800-387-3598 within Canada and the U.S., or via email at investor_relations@transalta.com. For media inquiries, please contact: 1-855-255-9184 or ta_media_relations@transalta.com.

Frequently Asked Questions

What is the dividend amount for common shares?

The declared dividend for common shares is $0.06 per share.

When is the payment date for preferred shares?

The payment date for all preferred shares is December 31, 2024.

How has TransAlta reduced its GHG emissions?

TransAlta has achieved a 66% reduction since 2015, totaling 21.3 million tonnes of CO2e reduced.

Where can I find more information about TransAlta Corporation?

You can visit their official website at transalta.com for further details.

What contact methods are available for investor inquiries?

Investors can reach TransAlta via phone at 1-800-387-3598 or through email at investor_relations@transalta.com.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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