CALGARY,
AB, Dec. 12, 2022 /CNW/ - The Board of
Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a
quarterly dividend of $0.055 per
common share payable on April 1, 2023
to shareholders of record at the close of business on March 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 December 31, 2022 up to but excluding
March 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
|
March 1,
2023
|
March 31,
2023
|
Series B*
|
TA.PR.E
|
6.163 %
|
$0.37991
|
March 1,
2023
|
March 31,
2023
|
Series C
|
TA.PR.F
|
5.854 %
|
$0.36588
|
March 1,
2023
|
March 31,
2023
|
Series D*
|
TA.PR.G
|
7.233 %
|
$0.45578
|
March 1,
2023
|
March 31,
2023
|
Series E
|
TA.PR.H
|
6.894 %
|
$0.43088
|
March 1,
2023
|
March 31,
2023
|
Series G
|
TA.PR.J
|
4.988 %
|
$0.31175
|
March 1,
2023
|
March 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 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
61 per cent reduction in GHG emissions since 2015.
For more information about TransAlta, visit its website at
transalta.com.
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SOURCE TransAlta Corporation