TransAlta Renewables Stock

TransAlta Renewables Dividend 2024

TransAlta Renewables Dividend

0.94 CAD

TransAlta Renewables Dividend yield

7.53 %

Ticker

RNW.TO

ISIN

CA8934631091

How much dividend does TransAlta Renewables 2024 pay?

According to the latest status from December 2024, TransAlta Renewables paid a total of 0.94 CAD per share in dividends within the last 12 months. With the current TransAlta Renewables price of 12.48 CAD, this corresponds to a dividend yield of 7.53 %. A dividend is paid 12 times per year.

7.53 % Dividend Yield=
0.94 CAD Dividend
12.48 CAD Stock Price

Historical TransAlta Renewables Dividends

A dividend is paid 12 times per year. Last year, the payout months were January, February, March, April, May, June, July, August, September and October.

PaydateDividend
10/14/20230.08
9/14/20230.08
8/13/20230.08
7/14/20230.08
6/12/20230.08
5/13/20230.08
4/14/20230.08
3/14/20230.08
2/12/20230.08
1/14/20230.08
12/14/20220.08
11/13/20220.08
10/14/20220.08
9/12/20220.08
8/14/20220.08
7/14/20220.08
6/12/20220.08
5/13/20220.08
4/14/20220.08
3/14/20220.08
1
2
3
4
5
...
7

TransAlta Renewables dividend history and estimates

In 2023, TransAlta Renewables paid a dividend amounting to 0.94 CAD. Dividend means that TransAlta Renewables distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for TransAlta Renewables provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify TransAlta Renewables’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating TransAlta Renewables's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

TransAlta Renewables Dividend History

DateTransAlta Renewables Dividend
2026e0.87 undefined
2025e0.87 undefined
2024e0.88 undefined
2023e0.88 undefined
20220.94 undefined
20210.94 undefined
20200.94 undefined
20190.94 undefined
20180.86 undefined
20170.9 undefined
20160.88 undefined
20150.82 undefined
20140.77 undefined
20130.3 undefined

Is the TransAlta Renewables Dividend Safe?

TransAlta Renewables has been increasing the dividend for 2 years.

Over the past 10 years, TransAlta Renewables has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0.762%.

Analysts expect a Dividend Cut of -3.481% for the current fiscal year.

TransAlta Renewables dividend payout ratio

In 2023, TransAlta Renewables had a payout ratio of 262.33%. The payout ratio indicates the percentage of the company's profits that TransAlta Renewables distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for TransAlta Renewables represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for TransAlta Renewables could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate TransAlta Renewables's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

TransAlta Renewables Payout Ratio History

DateTransAlta Renewables Payout ratio
2026e269.94 %
2025e287.24 %
2024e260.25 %
2023e262.33 %
2022339.15 %
2021179.27 %
2020268.56 %
2019138.23 %
201893.66 %
20172,262.4 %
2016-8,799.6 %
201569.21 %
2014183.31 %
201367.56 %
2012262.33 %
2011262.33 %
2010262.33 %

Dividend Details

Understanding TransAlta Renewables's Dividend Distributions

TransAlta Renewables’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining TransAlta Renewables's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

TransAlta Renewables's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in TransAlta Renewables’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

TransAlta Renewables Aktienanalyse

What does TransAlta Renewables do?

TransAlta Renewables Inc. is a Canadian company specializing in renewable energy and is the largest Canadian developer, owner, and operator of wind, water, and solar energy facilities. It was founded in 2013 as a subsidiary of TransAlta Corporation, a leading Canadian power generation company. TransAlta Renewables Inc. operates a wide range of renewable energy facilities in Canada, the United States, and Australia. The company's business model is based on operating renewable energy facilities for power generation, primarily through long-term power purchase agreements. It focuses on wind energy, followed by hydro and solar power. The company operates wind energy facilities in Canada, the US, and Australia, with a total installed capacity of 1117 MW. It also operates hydro facilities in Canada with a total installed capacity of 62 MW and solar power facilities in Canada and Australia with a total installed capacity of 20 MW. TransAlta Renewables primarily sells electricity from renewable energy sources to utility companies and large industrial customers with the goal of reducing reliance on fossil fuels and promoting sustainable energy generation. Overall, TransAlta Renewables Inc. is a significant player in the renewable energy sector and has experienced impressive growth in recent years. It specializes in wind, hydro, and solar power generation and offers long-term power purchase agreements to ensure reliable electricity supply. The company plays a key role in advancing the energy transition and shaping a sustainable future. TransAlta Renewables is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about TransAlta Renewables stock

How much dividend does TransAlta Renewables pay?

Over the past 12 months, TransAlta Renewables paid a dividend of 0.94 CAD . This corresponds to a dividend yield of about 7.53 %. For the coming 12 months, TransAlta Renewables is expected to pay a dividend of 0.87 CAD.

What is the dividend yield of TransAlta Renewables?

The current dividend yield of TransAlta Renewables is 7.53 %.

When does TransAlta Renewables pay dividends?

TransAlta Renewables pays a quarterly dividend. This is distributed in the months of July, August, September, October.

How secure is the dividend of TransAlta Renewables?

TransAlta Renewables paid dividends every year for the past 14 years.

What is the dividend of TransAlta Renewables?

For the upcoming 12 months, dividends amounting to 0.87 CAD are expected. This corresponds to a dividend yield of 6.94 %.

In which sector is TransAlta Renewables located?

TransAlta Renewables is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von TransAlta Renewables kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TransAlta Renewables from 9/29/2023 amounting to 0.078 CAD, you needed to have the stock in your portfolio before the ex-date on 9/14/2023.

When did TransAlta Renewables pay the last dividend?

The last dividend was paid out on 9/29/2023.

What was the dividend of TransAlta Renewables in the year 2023?

In the year 2023, TransAlta Renewables distributed 0.94 CAD as dividends.

In which currency does TransAlta Renewables pay out the dividend?

The dividends of TransAlta Renewables are distributed in CAD.

Andere Kennzahlen von TransAlta Renewables

Our stock analysis for TransAlta Renewables Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TransAlta Renewables Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.