TransAlta Corporation
TSLTFUtilities · Stock · monthly payer
Forward Yield
6.63%
Annual Dividend
$1.24
Payout Ratio
—
5-Yr Growth
5.8%
Ex-Date
Sep 1, 2026
Frequency
Monthly
Summary
As of September 2026, TransAlta Corporation (TSLTF) yields 6.63% ($1.24 per share annually), with a blended fair-value estimate of $41.93 — +123% upside, so it screens as undervalued. Dividend safety grade: B (68/100).
Is TSLTF a good dividend stock?
Yes, with caveatsTransAlta Corporation (TSLTF) pays a monthly dividend yielding 6.63% ($1.24/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 5.8% 5-yr dividend growth
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 6.63%
- Payout Ratio
- —
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.48
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- 9%
- 52-Week Range
- $16.68 – $20.00
- Dividend Safety
- B · 68/100
- Ever Cut?
- No
Frequently Asked Questions
TSLTF Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+26%
5 Years
+9%
52-Week Range
$16.68 – $20.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TSLTF worth?
Undervaluedlow confidenceOur blended fair-value estimate for TransAlta Corporation is $41.93 per share, versus a market price of $18.77. That implies 123% of upside — a margin of safety of about 55%.
Fair Value
$41.93
Current Price
$18.77
Upside
+123%
Margin of Safety
55%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.22 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TSLTF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | — | $0.3107 | regular |
| Sep 1, 2026 | — | $0.3096 | regular |
| Sep 1, 2026 | — | $0.3116 | regular |
| Sep 1, 2026 | — | $0.3125 | regular |
| Jun 1, 2026 | — | $0.3103 | regular |
| Jun 1, 2026 | — | $0.3038 | regular |
| Jun 1, 2026 | — | $0.3105 | regular |
| Jun 1, 2026 | — | $0.3093 | regular |
| Jun 1, 2026 | — | $0.3029 | regular |
| Jun 1, 2026 | — | $0.3089 | regular |
| Jun 1, 2026 | — | $0.3093 | regular |
| Jun 1, 2026 | — | $0.3091 | regular |
| Jun 1, 2026 | — | $0.3083 | regular |
| Jun 1, 2026 | — | $0.3080 | regular |
Income Calculator
At $1.24 / yr per share
