TransAlta Renewables Dividend
Dividend criteria checks 4/6
TransAlta Renewables is a dividend paying company with a current yield of 7.62%.
Key information
7.6%
Dividend yield
322%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.29 |
Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRSW.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TRSW.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TransAlta Renewables Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TRSW.F) | 7.6% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Renewable Energy) | 3.0% |
Analyst forecast in 3 Years (TRSW.F) | 7.6% |
Notable Dividend: TRSW.F's dividend (7.62%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: TRSW.F's dividend (7.62%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (321.8%), TRSW.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (298.6%), TRSW.F's dividend payments are not well covered by cash flows.