TransAlta Corporation
TSLTFUtilities · Stock · monthly payer
$18.82
Add to PortfolioForward Yield
6.61%
Annual Dividend
$1.24
Payout Ratio
—
5-Yr Growth
5.8%
Ex-Date
Jun 1, 2026
Frequency
Monthly
TSLTF Dividend Safety Score
70/ 100
Grade B
Safe
Dividend-growth streak6 consecutive years of growth
Cut historyNever cut its dividend on record
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 TSLTF a good dividend stock?
Yes, with caveatsTransAlta Corporation (TSLTF) pays a monthly dividend yielding 6.61% ($1.24/yr), with 6 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
- 6.61%
- Payout Ratio
- —
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 6
- Frequency
- monthly
- Beta
- 0.49
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 29%
- 52-Week Range
- $16.68 – $20.00
- Dividend Safety
- B · 70/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.3105 | regular |
| Jun 1, 2026 | — | $0.3103 | regular |
| Feb 27, 2026 | — | $0.3105 | regular |
| Feb 27, 2026 | — | $0.3103 | regular |
| Dec 1, 2025 | — | $0.3105 | regular |
| Dec 1, 2025 | — | $0.3103 | regular |
| Aug 29, 2025 | — | $0.3105 | regular |
| Aug 29, 2025 | — | $0.3103 | regular |
| May 30, 2025 | — | $0.3105 | regular |
| May 30, 2025 | — | $0.3103 | regular |
| Feb 28, 2025 | — | $0.3105 | regular |
| Feb 28, 2025 | — | $0.3103 | regular |
| Nov 29, 2024 | — | $0.3103 | regular |
| Aug 30, 2024 | — | $0.3103 | regular |
Income Calculator
At $1.24 / yr per share
Per payment (monthly)$10.33
Annual$124.00
Monthly avg$10.33
