PR Newswire
CALGARY, Oct. 10, 2018
CALGARY, Oct. 10, 2018 /PRNewswire/ - The Board of Directors of
TransAlta Corporation (TSX: TA) (NYSE: TAC) today declared a quarterly dividend of $0.04 per common
share payable on January 1, 2019 to shareholders of record at the close of business on December 3, 2018.
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 September 30, 2018 up to but excluding
December 31, 2018:
|
Preferred
Shares
|
TSX Stock
Symbol
|
Dividend
Rate
|
Dividend
Per Share
|
Record Date
|
Payment Date
|
|
Series A
|
TA.PR.D
|
2.709%
|
$0.16931
|
December 3, 2018
|
December 31, 2018
|
|
Series B*
|
TA.PR.E
|
3.539%
|
$0.22301
|
December 3, 2018
|
December 31, 2018
|
|
Series C
|
TA.PR.F
|
4.027%
|
$0.25169
|
December 3, 2018
|
December 31, 2018
|
|
Series E
|
TA.PR.H
|
5.194%
|
$0.32463
|
December 3, 2018
|
December 31, 2018
|
|
Series G
|
TA.PR.J
|
5.300%
|
$0.33125
|
December 3, 2018
|
December 31, 2018
|
|
|
*Please note the quarterly floating rate on the Series B 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. We provide municipalities, medium and large industries, businesses and utility
customers clean, affordable, energy efficient, and reliable power. Today, we are one of Canada's
largest producers of wind power and Alberta's largest producer of hydro-electric power. For over
100 years, TransAlta has been a responsible operator and a proud community-member where its employees work and live. TransAlta
aligns its corporate goals with the UN Sustainable Development Goals
and we have been recognized by CDP (formerly Climate Disclosure Project) as an industry leader on Climate Change Management. We
are also proud to have achieved the Silver level PAR (Progressive Aboriginal Relations) designation by the Canadian Council for Aboriginal
Business.
For more information about TransAlta, visit our web site at transalta.com.
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SOURCE TransAlta Corporation