- TransAlta Corporation (TSX: TA) (NYSE: TAC) announces quarterly dividend declarations for its preferred shares.
- The highest dividend rate is offered by Series E with a rate of 6.894%, equating to $0.43088 per share.
- Dividends are payable on June 30, 2025, with a record date of June 1, 2025.
TransAlta Corporation (TSX: TA) (NYSE: TAC) has declared its quarterly dividends on its Cumulative Redeemable Rate Reset First Preferred Shares for the period from March 31, 2025, to June 30, 2025. Payments will be made in Canadian dollars and are set for June 30, 2025, with a record date of June 1, 2025.
The dividend details for each series are as follows: Series A (TA.PR.D) will have a rate of 2.877% with $0.17981 per share, Series B (TA.PR.E) will have a rate of 4.868% with $0.30342 per share, Series C (TA.PR.F) will be at a rate of 5.854% with $0.36588 per share, Series D (TA.PR.G) will be at 5.938% with $0.37011 per share, Series E (TA.PR.H) will have the highest rate of 6.894% with $0.43088 per share, and Series G (TA.PR.J) will have a rate of 6.773% with $0.42331 per share.
It is important to note that Series B and D feature quarterly floating rates that are set to reset each quarter, providing dynamic adjustments to the dividends received by shareholders. These dividends reflect TransAlta's continuing commitment to providing consistent returns to its investors.
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