TransAlta Corporation Dividend
TransAlta Corporation Dividend history 25 years & estimates 2024 to 2028
Dividend Analysis of the TransAlta Corporation Stock
| Current dividend yield | 8.44 % |
| Dividendenrendite 5 Jahre | 9.34 % |
| Dividend Yield 10Y | 1.44 % |
| Payout 3Y | 4.99 % |
When does TransAlta Corporation pay a dividend?
TransAlta Corporation pays the next dividend on Jan 01 2025 (payday). The ex-day is on Nov 29 2024. The TransAlta Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the TransAlta Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from TransAlta Corporation are distributed via January, April, July and October.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.0434
Forecast
$0.04
Forecast
|
Nov 29 2024
Nov 29 2024
Jan 01 2025
Nov 29 24
Jan 01 25 |
Jan 01 2025 |
quarterly
quarterly
|
| 2024 |
$0.0445
$0.04
|
Aug 30 2024
Aug 30 2024
Oct 01 2024
Aug 30 24
Oct 01 24 |
Oct 01 2024 |
quarterly
quarterly
|
| 2024 |
$0.044
$0.04
|
May 31 2024
May 31 2024
Jul 01 2024
May 31 24
Jul 01 24 |
Jul 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.044235
$0.04
|
Feb 29 2024
Feb 29 2024
Apr 01 2024
Feb 29 24
Apr 01 24 |
Apr 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.04072
$0.04
|
Nov 30 2023
Nov 30 2023
Jan 01 2024
Nov 30 23
Jan 01 24 |
Jan 01 2024 |
quarterly
quarterly
|
| 2023 |
$0.040501
$0.04
|
Aug 31 2023
Aug 31 2023
Oct 01 2023
Aug 31 23
Oct 01 23 |
Oct 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.040795
$0.04
|
May 31 2023
May 31 2023
Jul 01 2023
May 31 23
Jul 01 23 |
Jul 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.040406
$0.04
|
Feb 28 2023
Feb 28 2023
Apr 01 2023
Feb 28 23
Apr 01 23 |
Apr 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.040944
$0.04
|
Nov 30 2022
Nov 30 2022
Jan 01 2023
Nov 30 22
Jan 01 23 |
Jan 01 2023 |
quarterly
quarterly
|
| 2022 |
$0.037977
$0.04
|
Aug 31 2022
Aug 31 2022
Oct 01 2022
Aug 31 22
Oct 01 22 |
Oct 01 2022 |
quarterly
quarterly
|
How much dividend does TransAlta Corporation pay?
TransAlta Corporation most recently paid a dividend of $0.04. TransAlta Corporation paid a Dividend of $0.17 Per Share in the financial year 2023. With a stock price of $10.79 at Nov 25 2024, the current dividend yield is 1.54% (calculation: $0.17 / $10.79 = 1.54%). No special dividend was paid.
What is the TransAlta Corporation Dividend Yield and payout ratio?
The average TransAlta Corporation dividend yield over the last 5 years is 1.75% and the average over the last 10 years is 3.12%.
The payout ratio of TransAlta Corporation in relation to the last financial year is 9.61%. The payout ratio smoothed over 3 years is 1,191.72%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | TransAlta Corporation |
|---|---|
| Current dividend yield | 1.54% |
| Dividend Yield 5Y | 1.75% |
| Dividend Yield 10Y | 3.12% |
| Payout 1Y | 9.61% |
| Payout 3Y | 1,191.72% |
Is the TransAlta Corporation dividend safe? Continuity & Dividend Growth
Is the TransAlta Corporation dividend safe?
TransAlta Corporation has been paying a dividend for 25 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
The Dividend Growth in relation to the previous financial year amounts to 4.63%. The average TransAlta Corporation Dividend Growth over the last 5 years is 6.48%. The average for the last 10 years is -16.36%.
| Metric | TransAlta Corporation |
|---|---|
| Increased | 5 Years |
| Continuity | 5 Years |
| Paid | 25 Years |
| Growth 1Y | 4.63% |
| Growth 5Y | 6.48% |
| Growth 10Y | -16.36% |
Continuity
TransAlta Corporation has been paying a dividend for 25 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 4.63%. The average TransAlta Corporation Dividend Growth over the last 5 years is 6.48%. The average for the last 10 years is -16.36%.
TransAlta Corporation Stock Forecast 2024
On the stock exchange, the TransAlta Corporation stock (ISIN: CA89346D1078) is not traded as a top scorer in November 2024 according to the dividend strategy.
The stock price of TransAlta Corporation 29.84% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the TransAlta Corporation stock price in real time at the top of the page.
TransAlta Corporation (symbol: TAC) is valued at a Price / Earnings Ratio (P/E ratio) of 28.39 and a price/sales ratio (P/S ratio) of 1.57 valued. Based on analyst estimates, the TransAlta Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 21.35 according to P/E ratio and 1.57 according to P/S.
| Metric | TransAlta Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
29.84%
|
| P/E TTM | 28.39 |
| P/S TTM | 1.57 |
| P/E forward | 21.35 |
| P/S forward | 1.57 |
TransAlta Corporation (symbol: TAC) is valued at a Price / Earnings Ratio (P/E ratio) of 28.39 and a price/sales ratio (P/S ratio) of 1.57 valued. Based on analyst estimates, the TransAlta Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 21.35 according to P/E ratio and 1.57 according to P/S.
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