TransAlta Dividend

Dividend criteria checks 2/6

TransAlta is a dividend paying company with a current yield of 1.66% that is well covered by earnings.

Key information

1.7%

Dividend yield

12%

Payout ratio

Industry average yield4.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$0.240
Earnings per shareCA$1.90
Dividend yield forecast1.8%

Recent dividend updates

Recent updates

Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Sep 26
Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Is TransAlta Corporation (TSE:TA) Potentially Undervalued?

Jul 30
Is TransAlta Corporation (TSE:TA) Potentially Undervalued?

Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Jun 06
Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings

Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?

Apr 12
Is It Time To Consider Buying TransAlta Corporation (TSE:TA)?

TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt

Jan 11
TransAlta (TSE:TA) Takes On Some Risk With Its Use Of Debt

TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement

Dec 27
TransAlta Corporation's (TSE:TA) Low P/S No Reason For Excitement

These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively

Oct 05
These 4 Measures Indicate That TransAlta (TSE:TA) Is Using Debt Extensively

Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?

Sep 15
Is Now The Time To Look At Buying TransAlta Corporation (TSE:TA)?

We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt

Jun 24
We Think TransAlta (TSE:TA) Is Taking Some Risk With Its Debt

What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Jun 05
What Does TransAlta Corporation's (TSE:TA) Share Price Indicate?

Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

May 06
Revenue Downgrade: Here's What Analysts Forecast For TransAlta Corporation (TSE:TA)

Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Feb 08
Here's Why TransAlta (TSE:TA) Has A Meaningful Debt Burden

Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

Dec 28
Why TransAlta Corporation (TSE:TA) Could Be Worth Watching

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Aug 08
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

May 03
Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?

Stability 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
How does TA dividend yield compare to the market?
SegmentDividend Yield
Company (TA)1.7%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.8%
Industry Average (Renewable Energy)4.5%
Analyst forecast (TA) (up to 3 years)1.8%

Notable Dividend: TA's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.71%).

High Dividend: TA's dividend (1.66%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12%), TA's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.9%), TA's dividend payments are thoroughly covered by cash flows.


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