Dividend Information

Common Stock Dividends

Dividends are paid monthly as determined by the Board. Dividends are at the discretion of the Board. In determining the dividend, the Board considers the Corporation’s financial performance, its results of operations, cash flow and needs with respect to financing ongoing operations and growth balanced against returning capital to shareholders. The board continues to focus on building sustainable earnings and cash flow growth.

 

Dividend Reinvestment Plan Suspended

On May 31, 2018, the Corporation implemented a dividend reinvestment plan for Canadian holders in common shares of the Corporation. Commencing with the dividend payable on July 31, 2018, eligible shareholders could elect to automatically reinvest in monthly dividends into additional common shares of the Corporation. The price per common share under the DRIP was 98 per cent of the average market price of the common shares for the five trading days on which not less than 500 common shares of the Corporation are traded immediately prior to the dividend payment date. Eligible shareholders were not required to participate in the DRIP.

The Corporation is suspending its DRIP in respect of any future declared dividends until further notice. Accordingly, the dividend payable on Oct. 30, 2020 to shareholders of record on Oct. 15, 2020 will be the last dividend payment eligible for reinvestment by participating shareholders under the DRIP. Subsequent dividends will be paid only in cash. Upon reinstatement of the DRIP, plan participants enrolled in the DRIP at the time of its suspension who remain enrolled at the time of its reinstatement will automatically resume participation in the DRIP.

Eligible Dividends For Canadian Tax Purposes

TransAlta Renewables hereby advises all shareholders that all dividends paid on its common shares will be designated as “eligible dividends” for Canadian income tax purposes. This designation will apply until a notification of change is posted on this website. For more information regarding the designation of dividends, please refer to the Canadian Revenue Agency release dated December 20, 2006. If you have any questions regarding the taxation of eligible dividends, please contact your local office of the Canada Revenue Agency.

The dividends on the common shares are declared and paid at the discretion of the Board of Directors.  It is the practice of TransAlta Renewables to pay dividends on its common shares on or about the last business day of each calendar month, to shareholders of record as of the close of the mid-month business day of each calendar month. Dividends are paid in Canadian dollars.

 

Payment Date Record Date Ex-Dividend Date Amount
March 31, 2021 March 15, 2021 March 12, 2021 $0.07833
February 26, 2021 February 15, 2021 February 11, 2021 $0.07833
January 29, 2021 January 15, 2021 January 14, 2021 $0.07833
December 31, 2020 December 15, 2020 December 14, 2020 $0.07833
November 30, 2020 November 30, 2020 November 12, 2020 $0.07833
October 30, 2020 October 15, 2020 October 14, 2020 $0.07833
September 30, 2020 September 15, 2020 September 14, 2020 $0.07833
August 31, 2020 August 14, 2020 August 13, 2020 $0.07833
July 31, 2020 July 15, 2020 July 14, 2020 $0.07833
June 30,2020 June 15, 2020 June 12, 2020 $0.07833
May 29, 2020 May 15, 2020 May 14, 2020 $0.07833
April 30, 2020 April 15, 2020 April 14, 2020 $0.07833
March 31, 2020 March 13, 2020 March 12, 2020 $0.07833
February 28, 2020 February 14, 2020 February 13, 2020 $0.07833
January 31, 2020 January 15, 2020 January 14, 2020 $0.07833
December 31, 2019 December 13, 2019 December 12, 2019 $0.07833
November 29, 2019 November 15, 2019 November 14, 2019 $0.07833
October 31, 2019 October 15, 2019 October 11, 2019 $0.07833
September 30, 2019 September 13, 2019 September 12, 2019 $0.07833
August 30, 2019 August 15, 2019 August 14, 2019 $0.07833
July 31, 2019 July 15, 2019 July 12, 2019 $0.07833
June 28, 2019 June 14, 2019 June 13, 2019 $0.07833
May 31, 2019 May 15, 2019 May 14, 2019 $0.07833
April 30, 2019 April 15, 2019 April 12, 2019 $0.07833
March 29, 2019 March 15, 2019 March 14, 2019 $0.07833
February 28, 2019 February 15, 2019 February 14, 2019 $0.07833
January 31, 2019 January 15, 2019 January 14, 2019 $0.07833
December 31, 2018 December 14, 2018 December 13, 2018 $0.07833
November 30, 2018 November 15, 2018 November 14, 2018 $0.07833
October 31, 2018 October 15, 2018 October 12, 2018 $0.07833
September 28, 2018 September 14, 2018 September 13, 2018 $0.07833
August 31, 2018 August 15, 2018 August 14, 2018 $0.07833
July 31, 2018 July 13, 2018 July 12, 2018 $0.07833
June 29, 2018 June 1, 2018 May 31, 2018 $0.07833
May 31, 2018 May 1, 2018 April 30, 2018 $0.07833
April 30, 2018 April 3, 2018 April 2, 2018 $0.07833
March 29, 2018 March 1, 2018 February 28, 2018 $0.07833
February 28, 2018 February 1, 2018 January 31, 2018 $0.07833
January 31, 2018 January 2, 2018 December 29, 2017 $0.07833
December 29, 2017 December 1, 2017 November 30, 2017 $0.07833
November 30, 2017 November 1, 2017 October 31, 2017 $0.07833
October 31, 2017 October 2, 2017 September 29, 2017 $0.07833
September 29, 2017 September 1, 2017 August 30, 2017 $0.07833
August 31, 2017 August 1, 2017 July 31, 2017 $0.07333
July 31, 2017 July 4, 2017 June 30, 2017 $0.07333
June 30, 2017 June 1, 2017 May 30, 2017 $0.07333
May 31, 2017 May 1, 2017 April 27, 2017 $0.07333
April 28, 2017 April 3, 2017 March 30, 2017 $0.07333
March 31, 2017 March 1, 2017 February 27, 2017 $0.07333
February 28, 2017 February 1, 2017 January 30, 2017 $0.07333
January 31, 2017 January 1, 2017 December 28, 2016 $0.07333
December 30, 2016 December 1, 2016 November 29, 2016 $0.07333
November 30, 2016 November 1, 2016 October 28, 2016 $0.07333
October 31, 2016 October 3, 2016 September 29, 2016 $0.07333
September 30, 2016 September 1, 2016 August 30, 2016 $0.07333
August 31, 2016 August 2, 2016 July 28, 2016 $0.07333
July 29, 2016 July 4, 2016 June 29, 2016 $0.07333
June 30, 2016 June 1, 2016 May 30, 2016 $0.07333
May 31, 2016 May 2, 2016 April 28, 2016 $0.07333
April 29, 2016 April 1, 2016 March 30, 2016 $0.07333
March 31, 2016 March 1, 2016 February 26, 2016 $0.07333
February 29, 2016 February 1, 2016 January 28, 2016 $0.07333
January 29, 2016 January 4, 2016 December 30, 2015 $0.07
December 31, 2015 December 1, 2015 November 27, 2015 $0.07
November 30, 2015 November 2, 2015 October 29, 2015 $0.07
October 30, 2015 October 1, 2015 September 29, 2015 $0.07
September 30, 2015 September 1, 2015 August 28, 2015 $0.07
August 31, 2015 August 4, 2015 July 30, 2015 $0.07
July 31, 2015 July 2, 2015 June 29, 2015 $0.07
June 30, 2015 June 1, 2015 May 28, 2015 $0.07
May 29, 2015 May 1, 2015 April 29, 2015 $0.06416
April 30, 2015 April 1, 2015 March 30, 2015 $0.06416
March 31, 2015 March 2, 2015 February 26, 2015 $0.06416
February 27, 2015 February 2, 2015 January 29, 2015 $0.06416
January 30, 2015 January 2, 2015 December 30, 2014 $0.06416
December 31, 2014 December 1, 2014 November 27, 2014 $0.06416
November 28, 2014 November 3, 2014 October 30, 2014 $0.06416
October 31, 2014 October 1, 2014 September 29, 2014 $0.06416
September 30, 2014 September 2, 2014 August 28, 2014 $0.06416
August 29, 2014 August 1, 2014 July 30, 2014 $0.06416
July 31, 2014 July 2, 2014 June 27, 2014 $0.06416
June 30, 2014 June 2, 2014 May 29, 2014 $0.06416
May 30, 2014 May 1, 2014 April 29, 2014 $0.06416
April 30, 2014 April 1, 2014 March 28, 2014 $0.06416
March 28, 2014 March 3, 2014 February 27, 2014 $0.06416
February 28, 2014 February 3, 2014 January 30, 2014 $0.06416
January 31, 2014 January 2, 2014 December 30, 2013 $0.06250
December 31, 2013 December 2, 2013 November 28, 2013 $0.06250
November 29, 2013 November 1, 2013 October 30, 2013 $0.06250
October 31, 2013 October 1, 2013 September 27, 2013 $0.06250
September 30, 2013 September 3, 2013 August 29, 2013 $0.04726

Dividend History *

Year Annual Dividend Year Annual Dividend Year Annual Dividend Year Annual Dividend
2013 $0.23  2014  $0.77  2015  $0.81 2016 $0.88
2017 $0.90

*Amounts in this table are presented in whole dollars to the nearest two decimal places

 

For More Information:

Shareholder inquiries regarding change of address, stock transfer, registered shareholdings, dividend or multiple copies of mailed material should be directed to AST Trust Company (Canada).

AST Trust Company (Canada)
P.O. Box 700, Station B
Montreal, QC H3B 3K3

Phone: 1-800-387-0825 toll free in North America
Phone: 01-416-682-3860 outside North America
Fax: 1-888-249-6189 in North America
Fax: 01-514-985-8843 outside North America

Email: inquiries@canstockta.com
Website: www.canstockta.com

TransAlta Renewables Reports Second Quarter 2020 Results

Second Quarter 2020 Highlights Comparable EBITDA(1) of $115  million, a $4 million or 4% improvement to the same period in 2019 Adjusted funds from operations ("AFFO")(1) of $90 million, a $10 million or 13% improvement to the same period last year Cash available for...

TransAlta Renewables Reports Third Quarter 2020 Results

CALGARY, Alberta (October 30, 2020)   Third Quarter 2020 Highlights Comparable EBITDA(1) of $96 million, a $10 million or 12 per cent improvement to the same period in 2019 Adjusted funds from operations ("AFFO")(1) of $76 million, a $7 million or 10 per cent...

TransAlta Renewables Declares Dividends

CALGARY, Alberta (October 29, 2020) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) today declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 January 15, 2021 January 29, 2021 $0.07833 February 15, 2021...

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