Dividend Information
In setting its dividend, TransAlta's Board of Directors reviews the company's financial performance and balances financial liquidity requirements, capital investment and returning capital to shareholders. The Board has adopted a formal dividend policy that targets to pay shareholders an annual dividend in the range of 60 to 70 per cent of comparable earnings. The Board continues to focus on building sustainable earnings and dividend growth. All dividends paid by TransAlta in 2006, 2007, 2008, 2009, and 2010 are pursuant to proposed subsection 89(14) of the Income Tax Act, designated as eligible dividends. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.
Dividend Payments
| Payment Date | Record Date | Ex-Dividend Date | Amount |
| Oct. 1, 2010 | Sept. 1, 2010 | Aug. 30, 2010 | $0.29 |
| July 1, 2010 | June 1, 2010 | May 28, 2010 | $0.29 |
| April 1, 2010 | March 1, 2010 | Feb. 25, 2010 | $0.29 |
| Jan. 1, 2010 | Dec. 1, 2009 | Nov. 27, 2009 | $0.29 |
| Oct. 1, 2009 | Sept. 1, 2009 | Aug. 28, 2009 | $0.29 |
| July 1, 2009 | June 1, 2009 | May 28, 2009 | $0.29 |
| April 1, 2009 | March 1, 2009 | Feb. 25, 2009 | $0.29 |
| Jan. 1, 2009 | Dec. 1, 2008 | Nov. 26, 2008 TAC* | $0.27 |
| Jan. 1, 2009 | Dec. 1, 2008 | Nov. 27 2008 TA* | $0.27 |
| Oct. 1, 2008 | Sept. 1, 2008 | Aug. 27, 2008 | $0.27 |
| July 1, 2008 | June 1, 2008 | May 28, 2008 | $0.27 |
| April 1, 2008 | March 1, 2008 | Feb. 27, 2008 | $0.27 |
| Jan. 1, 2008 | Dec. 1, 2007 | Nov. 29, 2007 | $0.25 |
| Oct. 1, 2007 | Sept. 1, 2007 | Aug. 30, 2007 | $0.25 |
| July 1, 2007 | June 1, 2007 | May 30, 2007 | $0.25 |
| April 1, 2007 | March 1, 2007 | Feb. 27, 2007 | $0.25 |
| Jan. 1, 2007 | Dec. 1, 2006 | Nov. 29, 2006 | $0.25 |
| Oct. 1, 2006 | Sept. 1, 2006 | Aug. 30, 2006 | $0.25 |
| July 1, 2006 | June 1, 2006 | May 30, 2006 | $0.25 |
| April 1, 2006 | March 1, 2006 | Feb. 27, 2006 | $0.25 |
| Jan. 1, 2006 | Dec. 1, 2005 | Nov. 29, 2005 | $0.25 |
| Oct. 1, 2005 | Sept. 1, 2005 | Aug. 30, 2005 | $0.25 |
| July 1, 2005 | June 1, 2005 | May 30, 2005 | $0.25 |
*Note: The third quarter dividend payment has two Ex-Dividend dates due to the American Thanksgiving holiday. The Toronto Stock Exchange (TA) Ex-Dividend date is November 27, 2008. The New York Stock Exchange (TAC) Ex-Dividend date is November 26, 2008.
Dividends are paid on the first of the month in January, April, July and October. When a dividend payment date falls on a weekend or holiday, the payment is made the following business day. Dividends are paid in Canadian dollars.
Dividend History
| Year | Annual Dividend | Year | Annual Dividend | |
| 2009 | $1.16 | |||
| 2008 | $1.08 | 1999 | $1.00 | |
| 2007 | $1.00 | 1998 | $0.99 | |
| 2006 | $1.00 | 1997 | $0.98 | |
| 2005 | $1.00 | 1996 | $0.98 | |
| 2004 | $1.00 | 1995 | $0.98 | |
| 2003 | $1.00 | 1994 | $0.98 | |
| 2002 | $1.00 | 1993 | $0.98 | |
| 2001 | $1.00 | 1992 | $0.98 | |
| 2000 | $1.00 | 1991 | $0.98 |
Transalta's common shares have paid regular quarterly dividends since 1956.
Dividend Reinvestment and Share Purchase Plan (DRASP)
Conveniently reinvest your TransAlta dividends and purchase common shares without brokerage costs. Additional Information about TransAlta's DRASP is available by clicking here.
For More Information on Common Shares:
Shareholder inquiries regarding change of address, stock transfer, registered shareholdings, dividend or multiple copies of mailed material should be directed to CIBC Mellon Trust Company.
CIBC Mellon Trust Company
P.O. Box 7010 - Adelaide Street Station
Toronto, Ontario M5C 2W9
Phone: 1-800-387-0825 toll free in North America
Phone: (416) 813-4600 in Toronto or outside North America
Fax: (416) 813-4555
Email: inquiries@cibcmellon.com
© 2009 TransAlta.