TransAlta Corporation Ordinary Shares (TAC) Dividends

TransAlta Corporation Ordinary Shares (TAC): $10.05

-0.07 (-0.69%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, TAC's growth rate has been -0.17% over the past 5 years.
  • As for its free cash flow/dividend ratio, TAC's comes in at -11.85 -- better than merely 6.66% of other US-listed dividend issuers.
  • Free cash flow for TAC has a compound average growth rate of -107.62%, which is higher than only 8.36% of stocks in our dividend set.
  • As for stocks whose price is uncorrelated with TAC's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MRMD, PNC, LCII, MBUU and GCBC.
TAC Ex-Dividend Date
TAC Dividend Yield
1.39%
TAC Annual Dividend
$0.14
TAC Payout Ratio

TAC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$10.05$5.44 -45.03%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TAC, the dividend discount model StockNews created for the company implies a negative return of 45.03%. Digging deeper, the aspects of Transalta Corp's dividend discount model that we found most interesting were:

  • In comparison to other stocks in the Utilities sector, TAC provides shareholders with a dividend yield greater than 9.72% such stocks.
  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Utilities sector, Transalta Corp's expected return of -45.03% is higher than 9.72% of its fellow sector mates.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Transalta Corp bears a discount rate, according to our calculations, lower than 9.72% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • In terms of who is growing the amount of dividends they return to shareholders, Transalta Corp has been increasing its dividends at a faster rate than 6.43% of US-listed dividend-issuing stocks we observed.

TAC Dividend Chart


TAC Dividend History

Ex-Dividend Date Type Payout Amount Change
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TAC Dividends vs. Peers

TAC's dividend yield currently ranks #29 of 69 vs. its peers in the Utilities - Foreign category.
Rank Symbol Name Dividend Yield
1 EOCC Enel Generacion Chile S.A. American Depositary Shares (Each representing 30 shares of ) 11.03%
2 ENGGY Enagás, S.A. 7.87%
3 NGG National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares 6.78%
4 CIG Companhia Energetica de Minas Gerais-Cemig ADR 6.61%
5 SSEZY SSE plc 6.56%
6 ENIC Enel Chile S.A. American Depositary Shares (Each representing 50 shares of ) 6.56%
7 RDEIY Red Electrica Corporacion S.A. 6.02%
8 EBR Centrais Eletricas Brasileiras S/A ADR 5.73%
9 UUGRY United Utilities Group PLC 5.16%
10 HNP Huaneng Power Intl 5.13%
11 KEP Korea Electric Power Corporation 5.06%
12 EGIEY Engie Brasil Energia S.A. 4.48%
13 KEN Kenon Holdings Ltd. Ordinary Shares 4.45%
14 AQN Algonquin Power & Utilities Corp. Common Shares 4.39%
15 ENIA Enel Americas S.A. American Depositary Shares 4.28%
16 INGXF Innergex Renewable Energy Inc. 3.65%
17 TNABY Tenaga Nasional Berhad 3.65%
18 TEZNY Terna - Rete Elettrica Nazionale SpA 3.58%
19 FTS Fortis Inc. Common Shares 3.45%
20 EONGY E.ON SE 3.24%
21 EDPFY EDP - Energias de Portugal, S.A. 3.08%
22 CLPHY CLP Holdings Limited 2.98%
23 ENLAY Enel SpA 2.93%
24 HGKGY Power Assets Holdings Limited 2.65%
25 EOCA Endesa Americas S.A. American D 2.36%
26 RWEOY RWE AG ADR 1.90%
27 VEOEY Veolia Environnement 1.86%
28 IBDRY Iberdrola, S.A. 1.40%
29 TAC TransAlta Corporation Ordinary Shares 1.38%
30 HOKCY The Hong Kong and China Gas Company Limited 1.28%
31 CPL CPFL Energia S.A. CPFL Energia S.A. American Depositary Shares 1.27%
32 ECIFY Electricité de France S.A. 1.21%
33 ELP Companhia Paranaense de Energia (COPEL) 1.13%
34 SBS Companhia de Saneamento Basico do Estado de Sao Paulo ADR 0.89%
35 JE Just Energy Group, Inc. Ordinary Shares (Canada) 0.00%
36 ENGIY ENGIE SA 0.00%
37 WAVE Eco Wave Power Global AB (publ) 0.00%
38 RNW ReNew Energy Global plc 0.00%
39 EDN Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) American Depositary Shares 0.00%
40 CPYYY Centrica plc 0.00%
41 GAU Naturgy Energy Group, S.A. 0.00%
42 HTOO Fusion Fuel Green PLC 0.00%
43 PAM Pampa Energia S.A. Pampa Energia S.A. 0.00%
44 CEPU Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) 0.00%
45 HEOFF H2O Innovation Inc. 0.00%
46 BRLXF Boralex Inc. 0.00%
47 RSHYY RusHydro PJSC 0.00%
48 HRNNF Hydro One Limited 0.00%
49 EMRAF Emera Incorporated 0.00%
50 STRNY Severn Trent Plc 0.00%
51 CDUAF Canadian Utilities Limited 0.00%
52 SZSAY Suez 0.00%
53 CGKEY The Chugoku Electric Power Co., Inc. 0.00%
54 TRSWF TransAlta Renewables Inc. 0.00%
55 FOJCY Fortum Oyj 0.00%
56 RAMPF Polaris Infrastructure Inc. 0.00%
57 CPXWF Capital Power Corporation 0.00%
58 ATGFF AltaGas Ltd. 0.00%
59 GASNY Naturgy Energy Group, S.A. 0.00%
60 KAEPY The Kansai Electric Power Company, Incorporated 0.00%
61 TKGSY Tokyo Gas Co., Ltd. 0.00%
62 TKECY Tokyo Electric Power Company Holdings, Incorporated 0.00%
63 PPAAY PT Perusahaan Gas Negara Tbk 0.00%
64 GGDVY Guangdong Investment Limited 0.00%
65 OEZVY Verbund AG 0.00%
66 ACLLF ATCO Ltd. 0.00%
67 PWCDF Power Corporation of Canada 0.00%
68 AGLXY AGL Energy Limited 0.00%
69 SNMRY Snam S.p.A. 0.00%

Looking for More Information on TAC dividends?

Want to see what other sources are saying about Transalta Corp's dividends? Try the links below:

Transalta Corp Common Stock (TAC) Dividend History | Nasdaq
Dividend History for Transalta Corp (TAC) - Dividend Investor
Transalta Corp (TAC) Dividend History - Seeking Alpha

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