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TransAlta Corp T.TA.PR.J


Primary Symbol: T.TA Alternate Symbol(s):  T.TA.PR.F | TACPF | TSLTF | T.TA.PR.G | T.TA.PR.H | TAC | T.TA.PR.D | T.TA.PR.E

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others.


TSX:TA - Post by User

Post by CanSiamCypon Oct 30, 2023 8:47pm
229 Views
Post# 35708405

Also puzzled ....

Also puzzled ........ Penny .... as to why TA did not announce an increase in the dividend ... especially considering that in Nov./22 they announced a 10% increase and proudly stated that it was their fourth consecutive annual increase.

So why stop this year, and why announce the dividend ahead of the quarterly report ... unlike the previous year?

1) Are the upcoming financials so bad that they won't be able to increase the dividend? If so, why not wait until the quarterly report is presented in a few days ... present the bad news ... and swallow the lumps? Puzzling!

2) Is Brookfield going to make a move on TA and so the Board (on which there are 2 Brookfield reps I believe) decided to keep the dividend intact ... cuz they want to avoid any share price rise ... which would necessitate a higher stink-bid take-over bid from Brookfield? Plausible?

Cheers!

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