An anonymous director reports
TRANSALTA DECLARES DIVIDENDS
The board of directors of TransAlta Corp. today declared a quarterly dividend of 4.25 cents per common share, payable on Oct. 1, 2020, to shareholders of record at the close of business on Sept. 1, 2020.
The board of directors also declared quarterly dividends on its cumulative redeemable rate reset first preferred shares for the period starting from and including June 30, 2020, up to but excluding Sept. 30, 2020, as shown in the attached table.
Preferred shares TSX stock symbol Dividend rate Dividend per share Record date Payment date
Series A TA.PR.D 2.709% $0.16931 Sept. 1, 2020 Sept. 30, 2020
Series B* TA.PR.E 2.2850% $0.14359 Sept. 1, 2020 Sept. 30, 2020
Series C TA.PR.F 4.027% $0.25169 Sept. 1, 2020 Sept. 30, 2020
Series E TA.PR.H 5.194% $0.32463 Sept. 1, 2020 Sept. 30, 2020
Series G TA.PR.J 4.988% $0.31175 Sept. 1, 2020 Sept. 30, 2020
* Please note that 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 on the following business day.
About TransAlta Corp.
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium-sized and large industries, businesses and utility customers with clean, affordable, energy-efficient and reliable power.
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