CALGARY,
AB, April 27, 2023 /PRNewswire/ - The
Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)
declared a quarterly dividend of $0.055 per common share payable on July 1, 2023 to shareholders of record at the
close of business on June 1,
2023.
The Board of Directors also declared the following quarterly
dividend on its Cumulative Redeemable Rate Reset First Preferred
Shares for the period starting from and including March 31, 2023 up to but excluding June 30, 2023:
|
Preferred
Shares
|
TSX Stock
Symbol
|
Dividend
Rate
|
Dividend
Per Share
|
Record
Date
|
Payment
Date
|
|
Series A
|
TA.PR.D
|
2.877 %
|
$0.17981
|
June 1, 2023
|
June 30,
2023
|
|
Series B*
|
TA.PR.E
|
6.594 %
|
$0.41100
|
June 1, 2023
|
June 30,
2023
|
|
Series C
|
TA.PR.F
|
5.854 %
|
$0.36588
|
June 1, 2023
|
June 30,
2023
|
|
Series D*
|
TA.PR.G
|
7.664 %
|
$0.47769
|
June 1, 2023
|
June 30,
2023
|
|
Series E
|
TA.PR.H
|
6.894 %
|
$0.43088
|
June 1, 2023
|
June 30,
2023
|
|
Series G
|
TA.PR.J
|
4.988 %
|
$0.31175
|
June 1, 2023
|
June 30,
2023
|
|
|
*Please note the
quarterly floating rate on the Series B and Series D Preferred
Shares will be reset every quarter.
|
All currency is expressed in Canadian dollars except where
noted. When the dividend payment date falls on a weekend or
holiday, the payment is made the following business day.
About TransAlta Corporation:
TransAlta owns, operates and develops a diverse fleet of
electrical power generation assets in Canada, the United
States and Australia with a
focus on long-term shareholder value. TransAlta provides
municipalities, medium and large industries, businesses and utility
customers with clean, affordable, energy efficient and reliable
power. Today, TransAlta is one of Canada's largest producers of wind power and
Alberta's largest producer of
hydro-electric power. For over 111 years, TransAlta has been a
responsible operator and a proud member of the communities where we
operate and where our employees work and live. TransAlta aligns its
corporate goals with the UN Sustainable Development Goals and its
climate change strategy with CDP (formerly Climate Disclosure
Project) and the Task Force on Climate-related Financial
Disclosures (TCFD) recommendations. TransAlta has achieved a 68 per
cent reduction in GHG emissions or 22 million tonnes since 2015 and
has received scores of A- from CDP and A from MSCI.
For more information about TransAlta, visit its website at
transalta.com.
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SOURCE TransAlta Corporation