TransAlta Sets Preferred Dividends from 4.221% to 6.894%
TransAlta declared quarterly dividends for its Cumulative Redeemable Rate Reset First Preferred Shares, setting rates from 4.221% to 6.894% across six series. The payments, ranging from C$0.26309 to C$0.43088 per share, are payable on June 30, 2026, to shareholders of record June 1, 2026.
1. Dividend Declaration Details
TransAlta’s Board declared quarterly dividends on its Cumulative Redeemable Rate Reset First Preferred Shares for the period March 31 to June 30, 2026, with a record date of June 1, 2026, and a payment date of June 30, 2026.
2. Rates and Per-Share Amounts
Series A will pay 4.782% or C$0.29888 per share; Series B 4.221% or C$0.26309; Series C 5.854% or C$0.36588; Series D 5.291% or C$0.32978; Series E 6.894% or C$0.43088; and Series G 6.773% or C$0.42331.
3. Floating Rate Reset Mechanism
Series B and Series D preferred shares feature a floating dividend rate that will reset quarterly, while the other series maintain fixed rates for this period.