SmarterDividends
TSLTF

TransAlta Corporation

TSLTF

Utilities · Utilities - Independent Power Producers · Stock · quarterly payer

$18.77

Undervalued · +85% Add to Portfolio

Forward Yield

6.47%

Annual Dividend

$1.21

Payout Ratio

—

5-Yr Growth

5.8%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about TSLTF's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, TransAlta Corporation (TSLTF) has a forward dividend yield of 6.47%, based on an annual dividend of $1.21 per share and a share price of $18.77.
  • As of Oct 27, 2026, TSLTF's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • TSLTF has never cut its regular dividend in the payment history SmarterDividends has on record.
  • TSLTF's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.31 per share.
  • TSLTF's dividend has grown at an average rate of 5.8% a year over the past five years.
  • As of Oct 27, 2026, TSLTF's 6.47% yield is 18% below its five-year average yield of 7.92%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for TSLTF is $34.72 per share, 85% above the $18.77 share price, so TSLTF screens as undervalued.
  • TransAlta Corporation (TSLTF) pays its dividend quarterly, 4 times a year.
  • TransAlta Corporation (TSLTF) has raised its regular dividend 1 time and cut it 0 times across the 29 payments on record since 2019. Its most recent change was a 32.7% increase to $0.308 per share, going ex-dividend on Nov 30, 2022.
Cite this page

SmarterDividends, "TSLTF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/TSLTF

Summary

As of Oct 27, 2026, TransAlta Corporation (TSLTF) yields 6.47% ($1.21 a year per share) and has a dividend safety grade of B (73/100).

Is TSLTF a good dividend stock?

Yes, with caveats

TransAlta Corporation (TSLTF) pays a quarterly dividend yielding 6.47% ($1.21/yr), with 0 years of growth and a dividend-safety grade of B. 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
6.47%
Payout Ratio
—
Annual Dividend
$1.21
5-Yr Avg Growth
5.8%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.48
Market Cap
—
P/E Ratio
—
5-Yr Total Return
9%
52-Week Range
$16.68 – $20.00
Dividend Safety
B · 73/100
Ever Cut?
No

TSLTF dividend raises and cuts

TransAlta Corporation (TSLTF) has raised its regular dividend 1 time and cut it 0 times across the 29 payments on record since 2019. Its most recent change was a 32.7% increase to $0.308 per share, going ex-dividend on Nov 30, 2022.

Ex-dateChangeOld → newMove
Nov 30, 2022Raise$0.232 → $0.308+32.7%
Every TSLTF payment →Download every raise and cut (CSV)
TSLTF ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →TSLTF dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is TSLTF a good dividend stock?

Yes, with caveats. TransAlta Corporation (TSLTF) pays a quarterly dividend yielding 6.47% ($1.21/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is TSLTF undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TSLTF's fair value is about $34.72 versus a $18.77 share price — so it looks undervalued (+85% vs. fair value).

Is TSLTF's dividend safe?

TSLTF has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is TSLTF's fair value?

Our blended fair-value estimate for TSLTF is about $34.72 per share, roughly 85% above the current $18.77 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is TSLTF a buy, hold, or sell?

We don't issue formal ratings, but on the data TSLTF screens as "yes, with caveats" and undervalued. TransAlta Corporation (TSLTF) pays a quarterly dividend yielding 6.47% ($1.21/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will TSLTF cut its dividend?

TSLTF earns a dividend-safety grade of B (73/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does TSLTF pay a dividend?

Yes. TransAlta Corporation pays a quarterly dividend of about $1.21 per share annually, a forward yield of roughly 6.47%.

What is TSLTF's dividend yield?

As of Oct 27, 2026, TSLTF's forward dividend yield is 6.47%, based on a $1.21 annual dividend and a $18.77 share price.

What is TSLTF's dividend per share?

As of Oct 27, 2026, TSLTF pays $1.21 per share per year, distributed on a quarterly basis.

How many years has TSLTF grown its dividend?

TSLTF does not currently have a long dividend-growth streak on record.

When is the next TSLTF ex-dividend date?

As of Oct 27, 2026, TSLTF's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.31 per share.

Income Calculator

At $1.21 / yr per share

Per payment (quarterly)$30.25
Annual$121.00
Monthly avg$10.08

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