Shareholder Information

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• General shareholder information

  General shareholder information

  Stock Tickers

  Ticker	Exchange	Security Type
  TA	TSX	TransAlta Corporation Common Shares
  TAC	NYSE	TransAlta Corporation Common Shares
  TA.PR.D	TSX	TransAlta Corporation Series A Preferred Shares
  TA.PR.E	TSX	TransAlta Corporation Series B Preferred Shares
  TA.PR.F	TSX	TransAlta Corporation Series C Preferred Shares
  TA.PR.G	TSX	TransAlta Corporation Series D Preferred Shares
  TA.PR.H	TSX	TransAlta Corporation Series E Preferred Shares
  TA.PR.J	TSX	TransAlta Corporation Series G Preferred Shares

  Stock Splits and Share Considerations

  Date	Event	Ratio
  May 8, 1980	Stock Split	3:1
  Feb. 1, 1988	Stock Split (see note)	2:1

  Note: The adjusted cost base for shares held on Jan. 31, 1988 is reduced by $0.75 per share subsequent to the Feb. 1, 1988 share split.
  The Valuation Date value of common shares owned on December 22, 1971, adjusted for stock splits is $3.79 CAD per share

  Voting Rights

  Common shareholders are entitled to one vote for each common share held.

• Dividend Info – Common shares

  Dividend Info – Common shares

  Common Stock Dividends

  Dividends are paid quarterly as determined by the Board. In determining the level of the dividend, the board assesses the dividend payout as a percentage of earnings and as a percentage of cash flow from operations over a period of time. Dividends are at the discretion of the Board. In determining the dividend, the Board considers the Corporation’s financial performance, its results of operations, cash flow and needs with respect to financing ongoing operations and growth balanced against returning capital to shareholders. The board continues to focus on building sustainable earnings and cash flow growth.

  Eligible dividends for Canadian tax Purposes

  TransAlta Corporation hereby advises all shareholders that, effective from January 1, 2007, all dividends paid on its common and preferred shares will be designated as “eligible dividends” for Canadian income tax purposes. This designation will apply until a notification of change is posted on this website.

  For more information regarding the designation of dividends, please refer to the Canadian Revenue Agency release dated December 20, 2006.  If you have any questions regarding the taxation of eligible dividends, please contact your local office of the Canada Revenue Agency.

  Common stock dividends are paid on the first of the month in January, April, July and October. When a dividend payment date falls on a weekend or holiday, the payment is made the following business day. Dividends are paid in Canadian dollars.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.06	$0.06	$0.06	$0.055	$0.055
  Payment Date	Oct. 1, 2024	July 1, 2024	Apr. 1, 2024	Jan. 1, 2024	Oct. 1, 2023
  Record Date	Sept. 1, 2024	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Historical Dividends PDF

• Dividend Info – Preferred share

  Dividend Info – Preferred share

  Preferred Share Dividends

  Preferred share dividends are paid on the last day of the month in March, June, September, and December. When a dividend payment falls on a weekend or holiday, the payment is made on the following business day. Only dividend payments that have been approved by the Board of Directors are included in the following table.

  Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TA.PR.D)

  Fixed cumulative preferential Series A cash dividends are paid quarterly when declared by the Board at the annual rate of $0.71924 per share for the five-year period from and including March 31, 2021 to but excluding March 31, 2026 based on an annual fixed dividend rate of 2.877%

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.17981	$0.17981	$0.17981	$0.17981	$0.17981
  Payment Date	Sep. 30, 2024	June 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023	June 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Cumulative Redeemable Rate Reset First Preferred Shares, Series B (TA.PR.E)

  Floating cumulative preferential Series B cash dividends are paid quarterly when declared by the Board for the period from and including March 31, 2021 to but excluding March 31, 2026. Please note the quarterly floating rate will be reset every quarter.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.43373	$0.43579	$0.43958	$0.45288	$0.41545
  Payment Date	Sep. 30, 2024	June 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023	June 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Cumulative Redeemable Rate Reset First Preferred Shares, Series C (TA.PR.F)

  Fixed cumulative preferential Series C cash dividends are paid quarterly when declared by the Board at the annual rate of $1.46352 per share for the five-year period from and including June 30, 2022 to but excluding June 30, 2027 based on an annual fixed dividend rate of 5.854%.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.36588	$0.36588	$0.36588	$0.36588	$0.36588
  Payment Date	Sep. 30, 2024	June 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	Sept. 1, 2024	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Cumulative Redeemable Rate Reset First Preferred Shares, Series D (TA.PR.G)

  Floating cumulative preferential Series D cash dividends are paid quarterly when declared by the Board for the period from and including June 30, 2022 to but excluding June 30, 2027. Please note the quarterly floating rate will be reset every quarter.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.50097	$0.50230	$0.50609	$0.52030	$0.48287
  Payment Date	Sep. 30, 2024	June 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	Sept. 1, 2024	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Cumulative Redeemable Rate Reset First Preferred Shares, Series E (TA.PR.H)

  Fixed cumulative preferential Series E cash dividends are paid quarterly when declared by the Board at the annual rate of $1.72352 per share for the five-year period from and including September 30, 2022 to but excluding September 30, 2027 based on an annual fixed dividend rate of 6.894%.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.43088	$0.43088	$0.43088	$0.43088	$0.43088
  Payment Date	Sep. 30, 2024	Mar. 1, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	Sept. 1, 2024	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept. 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Cumulative Redeemable Rate Reset First Preferred Shares, Series G (TA.PR.J)

  Fixed cumulative preferential Series G cash dividends are paid quarterly when declared by the Board at the annual rate of $1.247 per share for the five-year period from and including September 30, 2019 to but excluding September 30, 2024 based on an annual fixed dividend rate of 4.988%.

  	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
  Dividend	$0.31175	$0.31175	$0.31175	$0.31175	$0.31175
  Payment Date	Sep. 30, 2024	June 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Sept. 30, 2023
  Record Date	Sept. 1, 2024	June 1, 2024	Mar. 1, 2024	Dec. 1, 2023	Sept 1, 2023
  Ex-Dividend Date	Aug. 30, 2024	May 31, 2024	Feb. 29, 2024	Nov. 30, 2023	Aug. 31, 2023

  Historical Dividends PDF

• Preferred Share Information

  Preferred Share Information

  TransAlta Corporation currently has five series of Cumulative Redeemable Rate Reset First Preferred Shares outstanding. The Series A, B, C, D, E and G Preferred Shares are listed on the TSX under the symbols TA.PR.D, TA.PR.E, TA.PR.F, TA.PR.G, TA.PR.H and TA.PR.J, respectively.

  The information below is subject in its entirety to the applicable prospectus supplement and share terms, both of which are available on TransAlta’s SEDAR profile at www.sedar.com.

  	Current Annualized Dividend	Dividend Payment Date1	Redemption Date2	Rate spread over Benchmark	Convertible to Series	Date of Issue
  Series A (TA.PR.D)Prospectus	$0.71924	Last day of Mar., June, Sept., Dec.	March. 31, 2026	2.03%	B	Dec. 10, 2010
  Series B (TA.PR.E)Prospectus	Floating3	Last day of Mar., June, Sept., Dec.	March. 31, 2026	2.03%	A	Mar. 31, 2016
  Series C (TA.PR.F)Prospectus	$1.46352	Last day of Mar., June, Sept., Dec.	June. 30, 2027	3.10%	D	Nov. 30, 2011
  Series D (TA.PR.G)Prospectus	Floating3	Last day of Mar., June, Sept., Dec.	June. 30, 2027	3.10%	C	Jun. 30, 2022
  Series E (TA.PR.H)Prospectus	$1.72352	Last day of Mar., June, Sept., Dec.	Sept. 30, 2027	3.65%	F	Aug. 10, 2012
  Series G (TA.PR.J)Prospectus	$1.247	Last day of Mar., June, Sept., Dec.	Sept. 30, 2024	3.80%	H	Aug. 15, 2014

  Notes: 

  1) Holders of preferred shares shall be entitled to receive, as and when declared by the Board of Directors of TransAlta, fixed cumulative preferential cash dividends, payable quarterly on the last day of the month in March, June, September, and December in each year. When a dividend payment falls on a weekend or holiday, the payment is made on the following business day. 

  2) Terms are subject to certain conditions, including potential redemption of such shares by TransAlta. Please refer to the corresponding prospectus for further details.

  3) Please note the quarterly floating rate will be reset every quarter. For details on calculating the quarterly floating rate dividend, please refer to the prospectus. 

• Green Bond Framework

  Green Bond Framework

  TransAlta Green Bond Framework

  TransAlta Green Bond Framework SPO

  TransAlta Green Bond Eligible Project Tracker

   

• Analysts who cover TransAlta

  Analysts who cover TransAlta

  TransAlta does not distribute specific analyst reports or recommendations, nor do we endorse or contribute to analyst estimates or recommendations. Analyst research can be accessed by contacting brokerage houses directly. The analysts below cover our company on a regular basis:

  ATB Capital Markets – Nate Heywood

  BMO Capital Markets — Ben Pham

  CIBC Capital Markets — Mark Jarvi

  National Bank Financial — Patrick Kenny

  Peters & Co – Ken Chmela

  RBC Capital Markets — Maurice Choy

  Scotia Capital — Robert Hope

  TD Securities – John Mould

• Credit Ratings

  Credit Ratings

  Credit ratings provide information relating to our financing costs, liquidity and operations and affect our ability to obtain short-term and long-term financing and/or the cost of such financing. Our credit ratings as of Dec. 31, 2022, are as follows:

  	DBRS	Moody’s	S&P
  Issuer Rating	BBB (low)	Not applicable	BB+
  Corporate Family Rating	Not applicable	Ba1	Not applicable
  Preferred Shares	Pfd-3 (low)1	Not applicable	P-4 (High)
  Unsecured Debt / MTNs	BBB (low)	Ba1 / LGD4	BB+
  Rating Outlook	Stable	Stable	Stable

  Notes:
  1) The outstanding Preferred Shares all have the same rating.

• Shareholder Services – Registrar and Transfer Agent

  Shareholder Services – Registrar and Transfer Agent

  Please contact our transfer agent Odyssey Trust Company of Canada to access the following services:

  • Dividend payments or direct deposit for dividend payments
  • Change of address
  • Share transfers
  • Estate settlements
  • Electronic delivery of shareholder documents
  • Account consolidation (consolidate account registrations to eliminate costly duplicate mailings)

  Odyssey Trust Company
  Stock Exchange Tower
  1230 – 300 5th Avenue SW
  Calgary AB T2P 3C4

  Direct Dial (all regions): 1-587-885-0960
  US & Canada (toll-free): 1-888-290-1175

   

  Fax: 1-888-453-0330 toll free in North America
  Fax: 1-403-267-6529 outside North America

  Website: Odyssey Transfer Agent Services 

• FAQ

  FAQ

  On what stock exchange are TransAlta Corporation shares traded?

  TransAlta Corporation common shares are traded on the Toronto and New York Stock exchanges.

  What is TransAlta Corporation’s common share stock ticker symbol?

  Our ticker symbol on the Toronto stock exchange is TA and on the New York stock exchange our ticker symbol is TAC.

  Does TransAlta have preferred shares, and if so, what are their trading symbols?

  TransAlta has Series A, Series B, Series C, Series E, and Series G shares.

  • Series A Shares are listed on the TSX under the symbol “TA.PR.D”
  • Series B Shares are listed on the TSX under the symbol “TA.PR.E”
  • Series C Shares are listed on the TSX under the symbol “TA.PR.F”
  • Series D Shares are listed on the TSX under the symbol “TA.PR.G”
  • Series E Shares are listed on the TSX under the symbol “TA.PR.H”
  • Series G Shares are listed on the TSX under the symbol “TA.PR.J”

  How do I buy TransAlta shares?

  You may contact a brokerage firm to buy TA and TAC shares.

  Does TransAlta pay a common share dividend?

  Yes. TransAlta pays a quarterly dividend to common shareholders. The declaration of dividends is at the sole discretion of the Board of Directors.

  Visit our Dividends page for a list of declared dividends.

  Does TransAlta have a direct share purchase program and a dividend reinvestment program (DRIP)?

  TransAlta does not have a direct stock purchase plan or a dividend reinvestment program. To purchase TransAlta shares, you will need to contact a broker.

  Who is TransAlta’s transfer agent?

  TransAlta’s transfer agent is Odyssey Trust Company.

  See Shareholder Services – Registrar and Transfer Agent.

  What is the difference between registered shareholder and beneficial or non-registered shareholder?

  Registered shareholders hold their securities directly and most often physically possess certificate(s) evidencing their position. Communication with and dividend payments to registered shareholders are handled through our transfer agent, Odyssey Trust Company.

  Non-registered (or Beneficial) shareholders hold their securities through a brokerage firm or other financial intermediary. Most investors are likely to choose to own securities in non-registered form, primarily for reasons of convenience. Communications from TransAlta such as annual reports and management information circulars, as well as dividend payments are routed to beneficial shareholders through the broker.
  Note that Investor Relations does not have access to individual shareholder accounts for either beneficial or registered shareholders, and therefore all account enquiries should be directed to your broker (for beneficial shareholders) or to our transfer agent (for registered shareholders).

  TransAlta cannot make address or name changes, confirm holdings or transactions, or perform other administrative tasks affecting the accounts of either registered or non-registered owners of TransAlta securities.

  I have physical share certificates in TransAlta. Who do I contact regarding change of address, valuation, lost or misplaced share certificates, estate inquiries, transferring to an online account, or selling of the share certificates?

  Please contact our registrar and transfer agent – Odyssey Trust Company for information on dividend payments, lost share certificates, estate transfers and change of registered address.

  I have recently moved, how do I update my address?

  For registered shareholders, please contact our registrar and transfer agent – Odyssey Trust Company for change of address.

  For beneficial shareholders, please contact your broker.

  I have not received my dividend cheque, what do I do?

  For registered shareholders, please contact our registrar and transfer agent – Odyssey Trust Company.

  For beneficial shareholders, please contact your broker.

  I am an executor of a deceased shareholder’s estate. Whom can I contact to transfer the shares according to the shareholder’s will?

  For registered shareholders, please contact our registrar and transfer agent – Odyssey Trust Company.

  For beneficial shareholders, please contact the deceased shareholder’s broker.

  Where can I get a copy of TransAlta’s annual report?

  TransAlta encourages shareholders and prospective shareholders to download an electronic copy of the annual report from our website. However, if you would like a printed copy of the annual report, quarterly report or annual information form, you can submit a request to Investor_Relations@TransAlta.com.

  How can I contact TransAlta Investor Relations?

  You can reach the TransAlta Investor Relations team at Investor_Relations@TransAlta.com or by calling 1-800-357-3598