TransAlta Declares Dividends

Rhea-AI Summary

TransAlta (NYSE: TAC) declared a quarterly common dividend of $0.065 per common share payable on Jan. 1, 2026 to shareholders of record at the close of business on Dec. 1, 2025.

The board also declared quarterly dividends on its cumulative redeemable rate reset preferred shares for the period Sept. 30, 2025 to Dec. 31, 2025. Payment for all preferred series is scheduled for Dec. 31, 2025 to holders of record on Dec. 1, 2025. All amounts are in Canadian dollars.

• Series A (TA.PR.D): 2.877% — $0.17981
• Series B (TA.PR.E): 4.691% — $0.29560 (floating quarterly)
• Series C (TA.PR.F): 5.854% — $0.36588
• Series D (TA.PR.G): 5.761% — $0.36302 (floating quarterly)
• Series E (TA.PR.H): 6.894% — $0.43088
• Series G (TA.PR.J): 6.773% — $0.42331

Positive

• Common dividend declared at $0.065 per share payable Jan. 1, 2026
• Preferred dividends scheduled for Dec. 31, 2025 with record date Dec. 1, 2025
• Six preferred series listed with explicit rates and per-share amounts
• Series B and D have quarterly floating rates disclosed

Negative

• None.

CALGARY, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.065 per common share payable on Jan. 1, 2026, to shareholders of record at the close of business on Dec. 1, 2025.

The Board of Directors also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including Sept. 30, 2025, up to but excluding Dec. 31, 2025:

Preferred Shares	TSX Stock Symbol	Dividend Rate	Dividend Per Share		Record Date	Payment Date
Series A	TA.PR.D	2.877%	$0.17981		Dec. 1, 2025	Dec. 31, 2025
Series B*	TA.PR.E	4.691%	$0.29560		Dec. 1, 2025	Dec. 31, 2025
Series C	TA.PR.F	5.854%	$0.36588		Dec. 1, 2025	Dec. 31, 2025
Series D*	TA.PR.G	5.761%	$0.36302		Dec. 1, 2025	Dec. 31, 2025
Series E	TA.PR.H	6.894%	$0.43088		Dec. 1, 2025	Dec. 31, 2025
Series G	TA.PR.J	6.773%	$0.42331		Dec. 1, 2025	Dec. 31, 2025
* 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. When the dividend payment date falls on a weekend or holiday the payment is made the following business day.

About TransAlta Corporation:

TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with affordable, energy efficient and reliable power. Today, TransAlta is one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal generation and hydro-electric power. For over 114 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and the Future-Fit Business Benchmark, which also defines sustainable goals for businesses. Our reporting on climate change management has been guided by the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Standard and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. TransAlta has achieved a 70 per cent reduction in GHG emissions or 22.7 million tonnes CO2e since 2015 and received an upgraded MSCI ESG rating of AA.

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 common shares on Oct. 22, 2025?

TransAlta declared a quarterly common dividend of $0.065 per common share payable Jan. 1, 2026 with record date Dec. 1, 2025.

When will TransAlta pay preferred dividends for the period Sept. 30 to Dec. 31, 2025 (TAC)?

Preferred dividends for that period are payable on Dec. 31, 2025 to holders of record on Dec. 1, 2025.

What are the dividend rates and per-share amounts for TransAlta preferred series (TA.PR.D–TA.PR.J)?

Series A 2.877%/$0.17981; Series B 4.691%/$0.29560; Series C 5.854%/$0.36588; Series D 5.761%/$0.36302; Series E 6.894%/$0.43088; Series G 6.773%/$0.42331.

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

The quarterly floating rate is reset every quarter for Series B (TA.PR.E) and Series D (TA.PR.G).

What record date must investors meet to receive TransAlta dividends payable in Dec. 2025 and Jan. 2026?

Investors must be shareholders of record at the close of business on Dec. 1, 2025 to receive the listed preferred and common dividends.