TransAlta Dividends and Buybacks
Dividend criteria checks 2/6
TransAlta is a dividend paying company with a current yield of 1.2% that is well covered by earnings. Next payment date is on 1st January, 2025 with an ex-dividend date of 29th November, 2024.
Key information
1.2%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | -16.4% |
| Next dividend pay date | 01 Jan 25 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.240 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
TransAlta Corporation's (TSE:TA) Shares Climb 31% But Its Business Is Yet to Catch Up
Dec 07
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?
Oct 31If EPS Growth Is Important To You, TransAlta (TSE:TA) Presents An Opportunity
Oct 12Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings
Sep 26Is TransAlta Corporation (TSE:TA) Potentially Undervalued?
Jul 30Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings
Jun 06Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?
Apr 12TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt
Jan 11TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement
Dec 27These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively
Oct 05Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?
Sep 15We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt
Jun 24What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?
Jun 05Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)
May 06Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden
Feb 08Why TransAlta Corporation (TSE:TA) Could Be Worth Watching
Dec 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| TransAlta Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TA) | 1.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Renewable Energy) | 4.9% |
| Analyst forecast (TA) (up to 3 years) | 1.3% |
Notable Dividend: TA's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: TA's dividend (1.2%) is low compared to the top 25% of dividend payers in the Canadian market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.3%), TA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.1%), TA's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:35 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TransAlta Corporation is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Benjamin Pham | BMO Capital Markets Equity Research |
| Julien Dumoulin-Smith | BofA Global Research |