TransAlta Corporation Stock Dividends
TAC pays dividends quarterly. Last paid amount was $0.0437 at Apr 01, 2024. As of today, dividend yield (TTM) is 2.07%.
Dividend Yield Range
AI Analysis of TAC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.07% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 9.25% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0437 |
| Next Ex-Dividend Date | Jun 01, 2024 |
| Next Payment Date | Jul 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TAC the purchase should be done within the next 18 days.
Here's a simple guide on how to buy TAC stock.
TAC Dividend Payout History
To ensure a understanding of TAC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 41 | Oct 30, 2014 | Nov 26, 2014 | Jan 01, 2015 | $0.180 | 1.99% |
| 42 | Jul 23, 2014 | Aug 27, 2014 | Oct 01, 2014 | $0.164 | 1.56% |
| 43 | Apr 29, 2014 | May 28, 2014 | Jul 01, 2014 | $0.166 | 1.37% |
| 44 | Feb 21, 2014 | Feb 28, 2014 | Apr 01, 2014 | $0.162 | 1.40% |
| 45 | Oct 30, 2013 | Nov 26, 2013 | Jan 01, 2014 | $0.275 | 2.17% |
| 46 | Jul 24, 2013 | Aug 28, 2013 | Oct 01, 2013 | $0.277 | 2.12% |
| 47 | Apr 24, 2013 | May 29, 2013 | Jul 01, 2013 | $0.279 | 2.03% |
| 48 | Jan 29, 2013 | Feb 27, 2013 | Apr 01, 2013 | $0.288 | 1.99% |
| 49 | Oct 25, 2012 | Nov 28, 2012 | Jan 01, 2013 | $0.292 | 1.92% |
| 50 | Jul 14, 2012 | Aug 29, 2012 | Oct 01, 2012 | $0.293 | 1.91% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
TAC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TAC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TAC stock here.
Comparing TAC to Sector and Country
TAC pays a solid dividend yield of 2.07%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.63%). TAC’s dividend yield is lower than the average of the top 25% of dividend payers in the Utilities sector in the US market (8.59%), which means that there are more attractive dividend stocks to consider.
