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TransAlta ( (TSE:TA) ) has issued an update.
TransAlta Corporation has announced the declaration of quarterly dividends for its common and preferred shares, highlighting its commitment to shareholder returns. The dividends, expressed in Canadian dollars, will be payable on October 1, 2025, for common shares and September 30, 2025, for preferred shares, with varying rates for different series. This announcement underscores TransAlta’s stable financial performance and its strategic focus on maintaining investor confidence through consistent dividend payouts.
The most recent analyst rating on (TSE:TA) stock is a Buy with a C$17.00 price target. To see the full list of analyst forecasts on TransAlta stock, see the TSE:TA Stock Forecast page.
Spark’s Take on TSE:TA Stock
According to Spark, TipRanks’ AI Analyst, TSE:TA is a Outperform.
TransAlta’s overall stock score is bolstered by strong operational performance and strategic financial decisions highlighted in the earnings call. However, the company’s high leverage and declining profitability are significant concerns, along with valuation challenges indicated by a negative P/E ratio.
To see Spark’s full report on TSE:TA stock, click here.
More about TransAlta
TransAlta Corporation is a leading power generation company operating in Canada, the United States, and Australia. It focuses on providing affordable, energy-efficient, and reliable power to municipalities, industries, businesses, and utility customers. As one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal and hydro-electric power, TransAlta is committed to long-term shareholder value and sustainable development, aligning its goals with the UN Sustainable Development Goals and achieving significant reductions in greenhouse gas emissions.
Average Trading Volume: 1,603,509
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.96B
For a thorough assessment of TA stock, go to TipRanks’ Stock Analysis page.