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CALGARY, Alberta, Dec. 09, 2024 (GLOBE NEWSWIRE) — The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) has declared a quarterly dividend of $0.06 per common share payable on April 1, 2025, to TransAlta shareholders. Corporation. Register at close of business on March 1, 2025.
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The Board of Directors also declared the following quarterly dividends on the cumulative redemptible rate reset of the First Preferred Stock for the period beginning on December 31, 2024, through but excluding March 31, 2025:
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| Preferred stock | TSX stock symbol | Dividend distribution rate | Dividends per share | Registration date | Payment history | |
| Series A | T.A.P.R.D | 2.877% | $0.17981 | March 1, 2025 | March 31, 2025 | |
| Series B* | T.A.P.R.E | 5.511% | $0.33972 | March 1, 2025 | March 31, 2025 | |
| Series C | T.A.P.R.F | 5.854% | $0.36588 | March 1, 2025 | March 31, 2025 | |
| Series D* | TAPR | 6.581% | $0.40568 | March 1, 2025 | March 31, 2025 | |
| Series E | T.A.P.R.H | 6.894% | $0.43088 | March 1, 2025 | March 31, 2025 | |
| g series | T.A.P.R.J | 6.773% | $0.42331 | March 1, 2025 | March 31, 2025 | |
*Please note that the quarterly variable price for Series B and Series D Preferred Stock will reset every quarter.
All currencies are expressed in Canadian dollars except where noted. When the dividend payment date falls on a weekend or holiday, payment is made on the next business day.
About TransAlta:
TransAlta owns, manages and develops a diversified fleet of electric 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 reliable, affordable and energy-efficient power. Today, TransAlta is one of Canada’s largest wind power producers and Alberta’s largest hydropower producer. For more than 113 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 is aligning its corporate goals with the United Nations Sustainable Development Goals and the Future-Fit Business Standard, which also sets sustainable goals for companies. Our reporting on climate change management has been guided by the International Financial Reporting Standards (IFRS) S2, the Climate-related Disclosures Standard, and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). TransAlta has achieved a 66 percent reduction in greenhouse gas emissions or 21.3 million tons of CO2 equivalent since 2015 and achieved an updated MSCI ESG rating of AA.
For more information about TransAlta, visit our website at transalta.com.
For more information:
| Investor inquiries: | Media inquiries: |
| Phone: 1-800-387-3598 in Canada and the United States | Phone: 1-855-255-9184 |
| Email: investor_relations@transalta.com | Email: ta_media_relations@transalta.com |
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