TransAlta Renewables Dividend
Dividend criteria checks 4/6
TransAlta Renewables is a dividend paying company with a current yield of 7.62%.
Key information
7.6%
Dividend yield
322%
Payout ratio
Industry average yield | 5.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.29 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Here's Why TransAlta Renewables (TSE:RNW) Can Manage Its Debt Responsibly
Jul 07Is TransAlta Renewables Inc. (TSE:RNW) Trading At A 46% Discount?
Jun 03These 4 Measures Indicate That TransAlta Renewables (TSE:RNW) Is Using Debt Reasonably Well
Apr 03Investors Met With Slowing Returns on Capital At TransAlta Renewables (TSE:RNW)
Mar 17Need To Know: The Consensus Just Cut Its TransAlta Renewables Inc. (TSE:RNW) Estimates For 2023
Feb 24We Think TransAlta Renewables (TSE:RNW) Can Stay On Top Of Its Debt
Dec 16TransAlta Renewables' (TSE:RNW) Returns Have Hit A Wall
Oct 22TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet
Sep 15Here's What To Make Of TransAlta Renewables' (TSE:RNW) Decelerating Rates Of Return
Jul 19Is TransAlta Renewables (TSE:RNW) A Risky Investment?
Jun 09The Returns At TransAlta Renewables (TSE:RNW) Aren't Growing
Apr 13TransAlta Renewables (TSE:RNW) Has A Pretty Healthy Balance Sheet
Mar 07Returns Are Gaining Momentum At TransAlta Renewables (TSE:RNW)
Jan 06TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 46% Below Their Intrinsic Value Estimate
Dec 21Is TransAlta Renewables (TSE:RNW) Using Too Much Debt?
Nov 24TransAlta Renewables (TSE:RNW) Is Experiencing Growth In Returns On Capital
Sep 28TransAlta Renewables Inc. (TSE:RNW) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 15Does TransAlta Renewables (TSE:RNW) Have A Healthy Balance Sheet?
Aug 15TransAlta Renewables (TSE:RNW) Might Have The Makings Of A Multi-Bagger
Jun 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RNW's dividends per share have been stable in the past 10 years.
Growing Dividend: RNW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TransAlta Renewables Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RNW) | 7.6% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Renewable Energy) | 5.9% |
Analyst forecast in 3 Years (RNW) | 7.6% |
Notable Dividend: RNW's dividend (7.62%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: RNW's dividend (7.62%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (321.8%), RNW's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (298.6%), RNW's dividend payments are not well covered by cash flows.