TransAlta Declares Dividends

Rhea-AI Summary

TransAlta (NYSE:TAC, TSX:TA) declared quarterly dividends on Dec 12, 2025.

The Board set a common share dividend of $0.065 per share payable on April 1, 2026 to holders of record at the close of business on March 1, 2026.

The Board also declared quarterly dividends for multiple cumulative redeemable rate reset preferred share series covering the period Dec 31, 2025 to Mar 31, 2026, with March 1, 2026 record date and March 31, 2026 payment date. Per‑share amounts: Series A $0.17981, Series B $0.26186, Series C $0.36588, Series D $0.32782, Series E $0.43088, Series G $0.42331. Series B and D have quarterly floating rates that reset each quarter. All amounts are in Canadian dollars.

Positive

• Common dividend of $0.065 per share payable Apr 1, 2026
• Preferred dividends scheduled Mar 31, 2026 for six series with specific per‑share amounts
• Record date for all dividends set at Mar 1, 2026 for common and preferred shares
• Series B and D specified as quarterly floating rate reset securities

Negative

• None.

CALGARY, Alberta, Dec. 12, 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 April 1, 2026, to shareholders of record at the close of business on March 1, 2026.

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 Dec. 31, 2025, up to but excluding March 31, 2026:

Preferred Shares	TSX Stock Symbol	Dividend Rate		Dividend Per Share		Record Date	Payment Date
Series A	TA.PR.D	2.877	%	$0.17981		March 1, 2026	March 31, 2026
Series B*	TA.PR.E	4.248	%	$0.26186		March 1, 2026	March 31, 2026
Series C	TA.PR.F	5.854	%	$0.36588		March 1, 2026	March 31, 2026
Series D*	TA.PR.G	5.318	%	$0.32782		March 1, 2026	March 31, 2026
Series E	TA.PR.H	6.894	%	$0.43088		March 1, 2026	March 31, 2026
Series G	TA.PR.J	6.773	%	$0.42331		March 1, 2026	March 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. 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 common dividend did TransAlta (TAC) declare on Dec 12, 2025?

TransAlta declared a $0.065 per common share quarterly dividend payable Apr 1, 2026 to holders of record on Mar 1, 2026.

When is the TransAlta (TAC) common share record date and payment date for the Dec 12, 2025 dividend?

The record date is March 1, 2026 and the payment date is April 1, 2026.

What are the preferred share payment dates and amounts for TransAlta preferreds in Mar 2026?

Preferred dividends are payable March 31, 2026 with per‑share amounts: Series A $0.17981, B $0.26186, C $0.36588, D $0.32782, E $0.43088, G $0.42331 (CAD).

Which TransAlta preferred series have quarterly floating rate resets for Q1 2026?

Series B and D are disclosed as quarterly floating rate reset preferred shares.

Are TransAlta dividend amounts paid in Canadian or US dollars for the Dec 12, 2025 declaration?

All dividend amounts are expressed in Canadian dollars.