Transalta Renewables dividend calculator – TransAlta Renewables Inc Announces 0.07833 Cash Dividend
May 27, 2023
Dividends Yield
TransAlta Renewables Inc recently announced a 0.07833 cash dividend per share for the financial year of 2023. This dividend is slightly lower than that of the past three years, where the annual dividend per share was 0.94 CAD each. As a result, dividend yields for 2021 to 2023 are estimated to be 5.64%, 5.28%, and 4.74% respectively, with an average yield of 5.22%.
If you are looking for a dividend stock, TRANSALTA RENEWABLES ($BER:0TA) could be a great choice, as the ex-dividend date has been scheduled for May 12, 2023. The company has also made efforts to ensure sustainability through investing in renewable energy sources, which supports their commitment to corporate social responsibility and helps ensure the long-term growth of the company and its shareholders.
Price History
The stock opened at €8.7 and closed at the same price, signifying a 0.2% increase from the prior closing price. This dividend marks the fourth consecutive quarter that TRANSALTA RENEWABLES has provided its shareholders with a cash dividend. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Transalta Renewables. More…
| Total Revenues | Net Income | Net Margin |
| 536 | 78 | 12.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Transalta Renewables. More…
| Operations | Investing | Financing |
| 221 | 27 | -428 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Transalta Renewables. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.23k | 1.44k | 6.58 |
Key Ratios Snapshot
Some of the financial key ratios for Transalta Renewables are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.7% | -1.7% | 26.9% |
| FCF Margin | ROE | ROA |
| 15.7% | 5.1% | 2.8% |
Analysis
At GoodWhale, we help investors make informed decisions by providing them with detailed financial analysis on companies. We recently conducted a thorough financial analysis on TRANSALTA RENEWABLES, and based on our Risk Rating, we have determined that it is a medium risk investment – meaning it is not too risky or too safe. In addition, our analysis also uncovered 2 risk warnings when looking at the income sheet and balance sheet. If you want to further investigate what these warnings are, make sure to register with us for access to our detailed report. Our report will provide you with in-depth information about the company and will help you make an educated decision about whether or not to invest in it. More…
Summary
Investing in TRANSALTA RENEWABLES could be a wise choice due to its reliable track record of consistently delivering an annual dividend of 0.94 CAD per share for the past three years. Its dividend yields for 2021, 2022, and 2023 are 5.64%, 5.28%, and 4.74%, respectively, and an average dividend yield of 5.22%. These figures show that the company has been a reliable source of income and demonstrates confidence in its future prospects. For investors looking for steady returns with low risk, TRANSALTA RENEWABLES is a strong option.
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