SmarterDividends
TSLTF

TransAlta Corporation

TSLTF

Utilities · Stock · monthly payer

$18.82

Undervalued · +126% Add to Portfolio

Forward Yield

6.57%

Annual Dividend

$1.24

Payout Ratio

5-Yr Growth

5.8%

Ex-Date

Jun 1, 2026

Frequency

Monthly

Summary

As of July 2026, TransAlta Corporation (TSLTF) yields 6.57% ($1.24 per share annually), with a blended fair-value estimate of $42.62 — +126% upside, so it screens as undervalued. Dividend safety grade: C (65/100).

Is TSLTF a good dividend stock?

Yes, with caveats

TransAlta Corporation (TSLTF) pays a monthly dividend yielding 6.57% ($1.24/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record
  • Strong 5.8% 5-yr dividend growth

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
6.57%
Payout Ratio
Annual Dividend
$1.24
5-Yr Avg Growth
5.8%
Ex-Dividend Date
Jun 1, 2026
Years of Growth
0
Frequency
monthly
Beta
0.47
Market Cap
P/E Ratio
5-Yr Total Return
10%
52-Week Range
$16.68 – $20.00
Dividend Safety
C · 65/100
Ever Cut?
No
TSLTF ex-dividend date & scheduleNext ex-date Jun 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.24 / yr per share

Per payment (monthly)$10.33
Annual$124.00
Monthly avg$10.33