CALGARY, April 19, 2018 /PRNewswire/ - The Board of
Directors of TransAlta Corporation (TSX: TA; NYSE: TAC) today
declared a quarterly dividend of $0.04 per common share payable on July 3, 2018 to shareholders of record at the
close of business on June 1,
2018.
The Board of Directors also declared the following quarterly
dividend on its Cumulative Redeemable Rate Reset First Preferred
Shares for the period starting from and including March 31, 2018 up to but excluding June 30, 2018:
|
Preferred
Shares
|
TSX Stock
Symbol
|
Dividend
Rate
|
Dividend Per
Share
|
Record
Date
|
Payment
Date
|
|
Series A
|
TA.PR.D
|
2.709%
|
$0.16931
|
June 1,
2018
|
July 3,
2018
|
|
Series B*
|
TA.PR.E
|
3.201%
|
$0.19951
|
June 1,
2018
|
July 3,
2018
|
|
Series C
|
TA.PR.F
|
4.027%
|
$0.25169
|
June 1,
2018
|
July 3,
2018
|
|
Series E
|
TA.PR.H
|
5.194%
|
$0.32463
|
June 1,
2018
|
July 3,
2018
|
|
Series G
|
TA.PR.J
|
5.300%
|
$0.33125
|
June 1,
2018
|
July 3,
2018
|
*Please note the quarterly floating rate on the Series B
Preferred Shares will be reset every quarter.
All currency is expressed in Canadian dollars except where
noted. When the dividend payment date falls on a weekend or
holiday, the payment is made the following business day.
About TransAlta Corporation:
TransAlta Corporation ("TransAlta") is a power generation and
wholesale marketing company focused on creating long-term
shareholder value. TransAlta maintains a low-to-moderate risk
profile by operating a highly contracted portfolio of assets in
Canada, the United States and Australia. TransAlta's focus is to efficiently
operate wind, hydro, solar, natural gas and coal facilities in
order to provide customers with a reliable, low-cost source of
power. For over 100 years, TransAlta has been a responsible
operator and a proud contributor to the communities in which it
works and lives. TransAlta has been recognized on CDP's Canadian
Climate Disclosure Leadership Index (CDLI), which includes
Canada's top 20 leading companies
reporting on climate change, and has been selected by Corporate
Knights as one of Canada's Top 50
Best Corporate Citizens and is recognized globally for its
leadership on sustainability and corporate responsibility standards
by FTSE4Good.
For more information about TransAlta, visit our web site at
transalta.com, or follow us on Twitter @TransAlta.
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SOURCE TransAlta Corporation
