TransAlta Declares Dividends

Rhea-AI Summary

TransAlta (NYSE: TAC) declared quarterly dividends on its cumulative redeemable rate reset first preferred shares for the period from March 31, 2026 up to but excluding June 30, 2026. Record date for all series is June 1, 2026 and payment date is June 30, 2026.

Declared per-share dividends (CAD): Series A $0.29888 (4.782%), Series B $0.26309 (4.221%, floating), Series C $0.36588 (5.854%), Series D $0.32978 (5.291%, floating), Series E $0.43088 (6.894%), Series G $0.42331 (6.773%).

Positive

• Record date set at June 1, 2026
• Payment date scheduled for June 30, 2026
• Series E dividend of $0.43088 (6.894%)

Negative

• Series B dividend is floating and resets quarterly
• Series D dividend is floating and resets quarterly

CALGARY, Alberta, April 29, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including March 31, 2026, up to but excluding June 30, 2026:

Preferred Shares	TSX Stock Symbol	Dividend Rate	Dividend Per Share		Record Date	Payment Date
Series A	TA.PR.D	4.782%	$0.29888		June 1, 2026	June 30, 2026
Series B*	TA.PR.E	4.221%	$0.26309		June 1, 2026	June 30, 2026
Series C	TA.PR.F	5.854%	$0.36588		June 1, 2026	June 30, 2026
Series D*	TA.PR.G	5.291%	$0.32978		June 1, 2026	June 30, 2026
Series E	TA.PR.H	6.894%	$0.43088		June 1, 2026	June 30, 2026
Series G	TA.PR.J	6.773%	$0.42331		June 1, 2026	June 30, 2026

* Please note the quarterly floating rate on the Series B and Series D Preferred Shares will be reset every quarter.

All currency is expressed in Canadian dollars (unless otherwise noted). When the dividend payment date falls on a weekend or holiday the payment is made the following business day.

About TransAlta Corporation:

TransAlta is one of Canada’s largest publicly traded power generators, delivering reliable electricity across Canada, the United States and Western Australia. For more than 100 years, our people have safely operated and evolved essential energy infrastructure that powers customers and communities. Our technology-diverse portfolio and disciplined execution allow us to deliver dependable power across evolving energy systems. We take a practical, responsible approach to meeting today’s energy needs while building for what comes next.

For more information about TransAlta, visit our web site at transalta.com.

For more information:

Investor Inquiries:	Media Inquiries:
Phone: 1-800-387-3598 in Canada and US	Phone: 1-855-255-9184
Email: investor_relations@transalta.com	Email: ta_media_relations@transalta.com

FAQ

What dividend did TransAlta (TAC) declare for June 30, 2026 payment?

TransAlta declared quarterly preferred-share dividends payable June 30, 2026. According to the company, record date is June 1, 2026 and declared per-share amounts range from $0.26309 to $0.43088 depending on series.

Which TransAlta preferred share series have floating rates (TAC)?

Series B (TA.PR.E) and Series D (TA.PR.G) have quarterly floating rates. According to the company, those two series will have their dividend rates reset each quarter, adding rate variability for investors.

What are the declared dividend rates for TransAlta preferred shares (TAC) for Q2 2026?

Declared annualized rates range from 4.221% to 6.894% across series. According to the company, Series A is 4.782%, B 4.221%, C 5.854%, D 5.291%, E 6.894%, G 6.773%.

When must investors be on record to receive TransAlta (TAC) preferred dividends?

Investors must be on TransAlta's register by the record date of June 1, 2026. According to the company, shareholders of record on that date will be eligible for the June 30, 2026 payment.

Are TransAlta preferred dividends paid in Canadian dollars for TAC shares?

Yes. The declared dividends are expressed in Canadian dollars for the listed preferred shares. According to the company, all dividend amounts in the announcement are CAD unless otherwise noted.