CALGARY,
AB, Oct. 30, 2023 /CNW/ - The Board of
Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a
quarterly dividend of $0.055 per
common share payable on January 1, 2024 to
shareholders of record at the close of business on
December 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
September 30, 2023, up to but excluding
December 31, 2023:
|
Preferred
Shares
|
TSX Stock
Symbol
|
Dividend
Rate
|
Dividend
Per
Share
|
Record
Date
|
Payment
Date
|
|
Series
A
|
TA.PR.D
|
2.877 %
|
$0.17981
|
December 1,
2023
|
December 31,
2023
|
|
Series
B*
|
TA.PR.E
|
7.187 %
|
$0.45288
|
December 1,
2023
|
December 31,
2023
|
|
Series
C
|
TA.PR.F
|
5.854 %
|
$0.36588
|
December 1,
2023
|
December 31,
2023
|
|
Series
D*
|
TA.PR.G
|
8.257 %
|
$0.52030
|
December 1,
2023
|
December 31,
2023
|
|
Series
E
|
TA.PR.H
|
6.894 %
|
$0.43088
|
December 1,
2023
|
December 31,
2023
|
|
Series
G
|
TA.PR.J
|
4.988 %
|
$0.31175
|
December 1,
2023
|
December 31,
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 112 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 AA from MSCI.
For more information about TransAlta, visit its website at
transalta.com.
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SOURCE TransAlta Corporation