TransAlta Corporation
TACUtilities · Stock · quarterly payer
$12.96
Add to PortfolioForward Yield
1.56%
Annual Dividend
$0.20
Payout Ratio
1200%
5-Yr Growth
8.0%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
TAC Dividend Safety Score
60/ 100
Grade C
Borderline
Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2019
Earnings payout coverage1200% of earnings paid out
Free-cash-flow coverage14% of free cash flow
Balance-sheet strengthDebt/equity of 3.02
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TAC a good dividend stock?
Yes, with caveatsTransAlta Corporation (TAC) pays a quarterly dividend yielding 1.56% ($0.20/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 8.0% 5-yr dividend growth
Risks
- Cut its dividend in 2019
- Elevated payout ratio (1200%)
Key Data
- Dividend Yield
- 1.56%
- Payout Ratio
- 1200%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- 8.0%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 6
- Frequency
- quarterly
- Beta
- 0.49
- Market Cap
- $3.9B
- P/E Ratio
- —
- 5-Yr Total Return
- 31%
- 52-Week Range
- $10.12 – $17.88
- Dividend Safety
- C · 60/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Feb 27, 2026 | — | $0.0480 | regular |
| Aug 29, 2025 | — | $0.0470 | regular |
| May 30, 2025 | — | $0.0470 | regular |
| Feb 28, 2025 | — | $0.0420 | regular |
| Nov 29, 2024 | — | $0.0430 | regular |
| Aug 30, 2024 | — | $0.0440 | regular |
| May 31, 2024 | — | $0.0440 | regular |
| Feb 29, 2024 | — | $0.0440 | regular |
| Nov 30, 2023 | — | $0.0400 | regular |
| Aug 31, 2023 | — | $0.0410 | regular |
| May 31, 2023 | — | $0.0400 | regular |
| Feb 28, 2023 | — | $0.0410 | regular |
| Nov 30, 2022 | — | $0.0410 | regular |
| Aug 31, 2022 | — | $0.0380 | regular |
Income Calculator
At $0.20 / yr per share
Per payment (quarterly)$5.00
Annual$20.00
Monthly avg$1.67
