Transalta Corp. (TAC) Declares $0.04 Quarterly Dividend; 2.9% Yield

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TransAlta Declares Dividends

December 19, 2016 6:12 PM EST

CALGARY, ALBERTA -- (Marketwired) -- 12/19/16 -- The Board of Directors of TransAlta Corporation (TSX: TA)(NYSE: TAC) today declared a quarterly dividend of $0.04 per common share payable on April 1, 2017 to shareholders of record at the close of business on March 1, 2017.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.16931 per share on TransAlta's issued and outstanding 2.709% Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on March 31, 2017 to shareholders of record at the close of business on March 1, 2017 for the period from and including... More