TransAlta Dividend
Dividend criteria checks 3/6
TransAlta is a dividend paying company with a current yield of 2.66% that is well covered by earnings.
Key information
2.7%
Dividend yield
9%
Payout ratio
Industry average yield | 5.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.10 |
Dividend yield forecast in 3Y | 2.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TA.PRD's dividend payments have been volatile in the past 10 years.
Growing Dividend: TA.PRD's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
TransAlta Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TA.PRD) | 2.7% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Renewable Energy) | 5.8% |
Analyst forecast in 3 Years (TA.PRD) | 2.8% |
Notable Dividend: TA.PRD's dividend (2.66%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: TA.PRD's dividend (2.66%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), TA.PRD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), TA.PRD's dividend payments are thoroughly covered by cash flows.