TransAlta Declares Dividends

TransAlta (NYSE: TAC) declared a quarterly common-share dividend of C$0.07 per share, payable January 1, 2027.

Rhea-AI Summary

TransAlta (NYSE: TAC) declared a quarterly common-share dividend of C$0.07 per share, payable January 1, 2027. Shareholders must be on record at the close of business on December 1, 2026.

The board also declared quarterly dividends on six preferred-share series, payable December 31, 2026, with the same record date. All amounts are in Canadian dollars. Payments falling on a weekend or holiday are made the following business day.

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CALGARY, Alberta, Oct. 27, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.07 per common share payable on January 1, 2027, to shareholders of record at the close of business on December 1, 2026.

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 September 30, 2026, up to but excluding December 31, 2026:

Preferred Shares	TSX Stock Symbol	Dividend Rate	Dividend Per Share		Record Date	Payment Date
Series A	TA.PR.D	4.782%	$0.29888		December 1, 2026	December 31, 2026
Series B*	TA.PR.E	4.319%	$0.27216		December 1, 2026	December 31, 2026
Series C	TA.PR.F	5.854%	$0.36588		December 1, 2026	December 31, 2026
Series D*	TA.PR.G	5.389%	$0.33958		December 1, 2026	December 31, 2026
Series E	TA.PR.H	6.894%	$0.43088		December 1, 2026	December 31, 2026
Series G	TA.PR.J	6.773%	$0.42331		December 1, 2026	December 31, 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

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When is TransAlta's C$0.07 common-share dividend payable?

The C$0.07 per common share dividend is payable January 1, 2027, to shareholders of record at the close of business on December 1, 2026. When a payment date falls on a weekend or holiday, payment is made the following business day.

How much are TransAlta's declared preferred-share dividends?

The quarterly dividends per preferred share are C$0.29888 for Series A, C$0.27216 for Series B, C$0.36588 for Series C, C$0.33958 for Series D, C$0.43088 for Series E and C$0.42331 for Series G. They are payable December 31, 2026, to holders of record December 1, 2026.

Which TransAlta preferred-share dividend rates reset quarterly?

The floating rates on Series B and Series D preferred shares reset every quarter. Their declared dividend rates for the period starting September 30, 2026, and ending before December 31, 2026, are 4.319% and 5.389%, respectively.