TransAlta Dividend
Dividend criteria checks 3/6
TransAlta is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
9%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.09 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
TransAlta (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 28Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
Aug 08Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
May 03Is TransAlta (TSE:TA) Using Too Much Debt?
Jan 11TransAlta (TSE:TA) Has A Somewhat Strained Balance Sheet
Sep 26Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
Jun 07Stability 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) | 2.8% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.4% |
Industry Average (Renewable Energy) | 5.6% |
Analyst forecast in 3 Years (TA) | 2.9% |
Notable Dividend: TA's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: TA's dividend (2.77%) is low compared to the top 25% of dividend payers in the Canadian market (6.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), TA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), TA's dividend payments are thoroughly covered by cash flows.