Investors

Investor information

Stock performance

Overview

Tickers

Ticker Exchange Security type
TATSXTransAlta Corporation Common Shares
TACNYSETransAlta Corporation Common Shares
TA.PR.DTSXTransAlta Corporation Series A Preferred Shares
TA.PR.ETSXTransAlta Corporation Series B Preferred Shares
TA.PR.FTSXTransAlta Corporation Series C Preferred Shares
TA.PR.GTSXTransAlta Corporation Series D Preferred Shares
TA.PR.HTSXTransAlta Corporation Series E Preferred Shares
TA.PR.JTSXTransAlta Corporation Series G Preferred Shares

Splits and share conversions

Date Event Ratio
May 8, 1980Stock Split3:1
Feb. 1, 1988Stock 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.

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.

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025
Dividend$0.065$0.065$0.065$0.065$0.065
Payment DateApr. 1, 2026Jan. 1, 2026Oct. 1, 2025July 1, 2025Apr. 1, 2025
Record DateMar. 1, 2026Dec. 1, 2025Sep. 1, 2025June 1, 2025Mar. 1, 2025
Ex-Dividend DateFeb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025Feb. 28, 2025

Historical dividends, common shares

Preferred shares

Preferred shares overview

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 .

Current annualized dividend Dividend payment date* Redemption date** Rate spread over benchmark Convertible to series Date of issue
Series A (TA.PR.D)$0.71924Last day of Mar., June, Sept., Dec.March. 31, 20262.03%BDec. 10, 2010
Series B (TA.PR.E)Floating***Last day of Mar., June, Sept., Dec.March. 31, 20262.03%AMar. 31, 2016
Series C (TA.PR.F)$1.46352Last day of Mar., June, Sept., Dec.June. 30, 20273.10%DNov. 30, 2011
Series D (TA.PR.G)Floating***Last day of Mar., June, Sept., Dec.June. 30, 20273.10%CJun. 30, 2022
Series E (TA.PR.H)$1.72352Last day of Mar., June, Sept., Dec.Sept. 30, 20273.65%FAug. 10, 2012
Series G (TA.PR.J)$1.69324Last day of Mar., June, Sept., Dec.Sept. 30, 20293.80%HAug. 15, 2014
Prospectus - Series A & B Prospectus - Series C & D

Prospectus - Series E Prospectus - Series G

* 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.

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

***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.

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 tables.

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 4.782%

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.29888$0.17981$0.17981$0.17981$0.17981
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025

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.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.26309$0.26186$0.29560$0.29453$0.30342
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025

Cumulative redeemable rate reset first preferred shares, Series C (TA.PR.F)

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.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.36588$0.36588 $0.36588 $0.36588 $0.36588
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025

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.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.32978$0.32782$0.36302$0.36195$0.37011
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025

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%.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.43088$0.43088$0.43088$$0.43088$0.43088
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025

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, 2024, to but excluding September 30, 2029, based on an annual fixed dividend rate of 6.773%.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025
Dividend$0.42331$0.42331$0.42331$0.42331$0.42331
Payment DateJune 30, 2026Mar. 31, 2026Dec. 31, 2025Sept. 30, 2025June 30, 2025
Record DateJune 1, 2026Mar. 1, 2026Dec. 1 2025Sept. 1, 2025June 1, 2025
Ex-Dividend DateJune 1, 2026Feb. 27, 2026Nov. 30, 2025Aug. 30, 2025May 30, 2025
Historical dividends, common shares

Credit ratings

Credit ratings are intended to provide investors with an independent measure of credit quality of an issue of securities. Credit ratings are not recommendations to purchase, hold or sell securities and do not address the market quality or suitability of a specific security for a particular investor. These are assigned by credit rating agencies such as Moody’s, Standard & Poor’s, Fitch, and DBRS. While TransAlta Corporation has a credit rating it is not an issuer of debt securities.


Additional resources

Green bond framework

TransAlta’s Green Bond Framework has been developed in line with the Green Bond Principles 2021 published by the International Capital Market Association. Establishing a Green Bond Framework and future Green Bond issuances, will enable TransAlta to further support our deployment of renewable energy and other environmentally beneficial projects.

TransAlta Green Bond Framework TransAlta Green Bond Framework SPO TransAlta Green Bond Eligible Project Tracker

Shareholder services

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
  • Account consolidation (consolidate account registrations to eliminate costly duplicate mailings)
  • Electronic delivery of shareholder documents

Telephone

Dedicated number for TransAlta toll-free number: 1-855-596-1617

Direct dial (all regions): 1-587-885-0960

US & Canada (toll-free): 1-888-290-1175

For electronic document delivery, you can also download and print the TransAlta Electronic Consent Form and submit it to:

TransAlta Corporation
c/o Odyssey Trust Company
Stock Exchange Tower
1230 – 300 5th Avenue SW
Calgary AB T2P 3C4

Electronic consent form (EN) Electronic consent form (FR)

Questions?

Read our FAQs or contact Investor Relations

Whether you’re looking to invest or already hold TransAlta shares, we strive to provide everything you need to make confident choices. We’ve collected answers to common questions, specifically for investors. And if you can’t find what you need, it’s easy to reach our Investor Relations team.

Investor FAQs Contact Investor Relations

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