TransAlta Dividend Insights and Recent Developments: Key Information Ahead of May 30, 2025 Ex-Dividend Date

CashCowMonday, May 26, 2025 7:54 pm ET
1min read
TransAlta Corporation has announced its upcoming dividend details, with an ex-dividend date set for May 30th, 2025. The dividend, announced on Feb 20th, 2025, is scheduled for payment on Jul 1st, 2025, at $0.046 per share. This amount represents a decrease compared to the average of the last ten dividends, which stood at approximately $0.150 per share. The previous dividend, paid on Apr 1st, 2025, was $0.042 per share. Both dividends are classified as cash dividends.

Recent developments have seen TransAlta's stock enjoying a positive trajectory. As of late, shares of have risen by 2.3%, reaching a trading price of $9.16, according to market analysts. This increase follows a revision in stock ratings, with upgraded from Hold/Accumulate to Buy Candidate, signaling stronger investor confidence. Furthermore, analysts have set new price targets for TransAlta, indicating potential growth and favorable market conditions.

In another update, TransAlta's competitive positioning has been analyzed in comparison to Clearway Energy, a fellow utility company. While Clearway Energy appears to outperform TransAlta in several metrics, TransAlta boasts higher revenue and earnings figures alongside a lower price-to-earnings ratio, suggesting affordability and robust financial health. Despite a lower institutional ownership compared to Clearway Energy, TransAlta's strategic advantages, including its diverse energy segments, indicate potential for sustained growth.

As the ex-dividend date of May 30th, 2025 approaches, investors should note that this is the final opportunity to purchase shares and qualify for the dividend payout. Acquisitions made post this date will not be eligible for the upcoming dividend distribution.