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 yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.240 |
| Earnings per share | CA$1.90 |
| Dividend yield forecast | 1.8% |
Recent dividend updates
Recent updates
Little Excitement Around TransAlta Corporation's (TSE:TA) Earnings
Sep 26
Is 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 28Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
Aug 08Does TransAlta (TSE:TA) Have A Healthy Balance Sheet?
May 03Stability 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) | 1.7% |
| 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.