CALGARY, AB, Dec. 13, 2021 /PRNewswire/ - The Board of
Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a
quarterly dividend of $0.05 per
common share payable on April 1, 2022
to shareholders of record at the close of business on March 1, 2022.
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 December 31, 2021 up to but excluding
March 31, 2022:
Preferred
Shares
|
TSX Stock
Symbol
|
Dividend
Rate
|
Dividend Per
Share
|
Record
Date
|
Payment
Date
|
Series A
|
TA.PR.D
|
2.877%
|
$0.17981
|
March 1,
2022
|
March 31,
2022
|
Series
B*
|
TA.PR.E
|
2.159%
|
$0.53236
|
March 1,
2022
|
March 31,
2022
|
Series C
|
TA.PR.F
|
4.027%
|
$0.25169
|
March 1,
2022
|
March 31,
2022
|
Series E
|
TA.PR.H
|
5.194%
|
$0.32463
|
March 1,
2022
|
March 31,
2022
|
Series G
|
TA.PR.J
|
4.988%
|
$0.31175
|
March 1,
2022
|
March 31,
2022
|
*Please note the quarterly floating rate on the Series B
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 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
hydroelectric power. For over 100 years, TransAlta has been a
responsible operator and a proud community-member where its
employees work and live. TransAlta aligns its corporate goals with
the UN Sustainable Development Goals.
For more information about TransAlta, visit our web site at
transalta.com.
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SOURCE TransAlta Corporation