TransAlta Corporation (TAC) To Go Ex-Dividend on September 1st

Posted by Amy Steele on Aug 30th, 2026

TransAlta Corporation (NYSE:TAC – Get Free Report) (TSE:TA) announced a quarterly dividend on Tuesday, July 28th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.07 per share by the utilities provider on Thursday, October 1st. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 1st.

TransAlta has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. TransAlta has a dividend payout ratio of 117.6% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect TransAlta to earn $0.39 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 51.3%.

TransAlta Trading Down 2.4%

Shares of TAC opened at $12.20 on Friday. TransAlta has a 52-week low of $11.38 and a 52-week high of $17.88. The stock has a market cap of $3.86 billion, a PE ratio of -67.77 and a beta of 0.70. The firm’s fifty day moving average is $13.17 and its two-hundred day moving average is $13.14. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 3.64.

TransAlta (NYSE:TAC – Get Free Report) (TSE:TA) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $342.85 million during the quarter, compared to analysts’ expectations of $379.54 million. TransAlta had a negative net margin of 2.76% and a positive return on equity of 8.85%. Research analysts forecast that TransAlta will post 0.21 earnings per share for the current fiscal year.

TransAlta Company Profile

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TransAlta Corporation, originally founded in 1909 as Calgary Power Company Ltd., is a publicly traded energy company specializing in the development, ownership and operation of power generation and transmission assets. Headquartered in Calgary, Alberta, TransAlta has grown from its early hydroelectric roots into a diversified energy provider with a multi-fuel generating fleet.

The company’s core business activities encompass power generation, asset management and energy trading services.