
TransAlta Renewables (RNW.TO) Dividends
Market Cap: $3.33B
Avg Volume: 575.82K
Industry: Renewable Utilities
Sector: Utilities
Dividend Overview
TransAlta Renewables (RNW.TO) pays a monthly dividend to its shareholders. The current dividend yield is 7.23%, which means that for every $100 invested at the current price, investors would receive approximately $7.23 in dividends per year (this can change based on future dividend payments and price movements).
About RNW.TO's Dividend
TransAlta Renewables pays a monthly dividend of $0.0783 per share. Over the past 12 months, the total dividend has been approximately $0.94 per share.
The most recent ex-dividend date was September 14, 2023. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
TransAlta Renewables's payout ratio is 3.39% which means that 3.39% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
RNW.TO Dividend History
Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
---|---|---|---|---|---|
$0.07833 | 7.23% | September 14, 2023 | September 29, 2023 | September 29, 2023 | September 14, 2023 |
$0.07833 | 6.98% | August 14, 2023 | August 31, 2023 | August 31, 2023 | August 14, 2023 |
$0.07833 | 7.65% | July 13, 2023 | July 31, 2023 | July 31, 2023 | July 13, 2023 |
$0.07833 | 7.87% | June 14, 2023 | |||
$0.07833 | 8.49% | May 12, 2023 | May 31, 2023 | May 31, 2023 | May 12, 2023 |
$0.07833 | 8.05% | April 13, 2023 | April 28, 2023 | April 28, 2023 | April 13, 2023 |
$0.07833 | 7.87% | March 14, 2023 | March 31, 2023 | ||
$0.078 | 7.78% | February 14, 2023 | February 28, 2023 | February 28, 2023 | February 14, 2023 |
$0.078 | 8.55% | January 12, 2023 | January 31, 2023 | January 31, 2023 | January 12, 2023 |
$0.078 | 6.55% | December 14, 2022 | |||
$0.078 | 6.64% | November 14, 2022 | November 30, 2022 | November 30, 2022 | November 14, 2022 |
$0.078 | 7.82% | October 13, 2022 | October 31, 2022 | October 31, 2022 | October 13, 2022 |
$0.078 | 5.59% | September 14, 2022 | |||
$0.078 | 5.67% | August 12, 2022 | August 31, 2022 | August 31, 2022 | August 12, 2022 |
$0.078 | 5.54% | July 14, 2022 | July 29, 2022 | July 29, 2022 | July 14, 2022 |
$0.078 | 5.80% | June 14, 2022 | |||
$0.078 | 5.89% | May 12, 2022 | May 31, 2022 | May 31, 2022 | May 12, 2022 |
$0.078 | 5.05% | April 13, 2022 | April 29, 2022 | April 29, 2022 | April 13, 2022 |
$0.07833 | 5.21% | March 14, 2022 | |||
$0.078 | 5.55% | February 14, 2022 | February 28, 2022 | February 28, 2022 | February 14, 2022 |
$0.07833 | 6.05% | January 13, 2022 | January 31, 2022 | January 31, 2022 | January 13, 2022 |
$0.07833 | 5.13% | December 14, 2021 | December 15, 2021 | December 31, 2021 | July 29, 2021 |
$0.07833 | 5.35% | November 12, 2021 | November 15, 2021 | November 30, 2021 | July 29, 2021 |
$0.07833 | 4.87% | October 14, 2021 | October 29, 2021 | October 29, 2021 | October 14, 2021 |
$0.07833 | 4.75% | September 14, 2021 | September 15, 2021 | September 30, 2021 | April 30, 2021 |
$0.07833 | 5.06% | August 12, 2021 | August 31, 2021 | August 31, 2021 | August 12, 2021 |
$0.07833 | 4.39% | July 14, 2021 | July 30, 2021 | July 30, 2021 | July 14, 2021 |
$0.07833 | 4.61% | June 14, 2021 | June 15, 2021 | June 30, 2021 | February 23, 2021 |
$0.07833 | 5.55% | May 13, 2021 | May 31, 2021 | May 31, 2021 | May 13, 2021 |
$0.07833 | 4.59% | April 14, 2021 | April 30, 2021 | April 30, 2021 | April 14, 2021 |
$0.07833 | 5.16% | March 12, 2021 | March 15, 2021 | March 31, 2021 | October 29, 2020 |
$0.07833 | 4.74% | February 11, 2021 | February 26, 2021 | February 26, 2021 | February 12, 2021 |
$0.07833 | 4.28% | January 14, 2021 | January 29, 2021 | January 29, 2021 | January 14, 2021 |
$0.078 | 5.17% | December 14, 2020 | December 15, 2020 | December 31, 2020 | July 30, 2020 |
$0.078 | 5.49% | November 12, 2020 | November 13, 2020 | November 30, 2020 | July 30, 2020 |
$0.078 | 5.26% | October 14, 2020 | October 30, 2020 | October 30, 2020 | October 14, 2020 |
$0.078 | 6.02% | September 14, 2020 | September 15, 2020 | September 30, 2020 | April 27, 2020 |
$0.07833 | 6.02% | August 13, 2020 | August 31, 2020 | August 31, 2020 | August 13, 2020 |
$0.07833 | 6.58% | July 14, 2020 | July 31, 2020 | July 31, 2020 | July 14, 2020 |
$0.07833 | 7.17% | June 12, 2020 | June 15, 2020 | June 30, 2020 | February 28, 2020 |
$0.07833 | 6.62% | May 14, 2020 | May 15, 2020 | May 29, 2020 | February 28, 2020 |
$0.07833 | 6.28% | April 14, 2020 | April 30, 2020 | April 30, 2020 | April 14, 2020 |
$0.07833 | 8.41% | March 12, 2020 | March 31, 2020 | March 31, 2020 | March 12, 2020 |
$0.07833 | 5.83% | February 13, 2020 | February 28, 2020 | February 28, 2020 | February 13, 2020 |
$0.07833 | 5.96% | January 14, 2020 | January 31, 2020 | January 31, 2020 | January 14, 2020 |
$0.07833 | 6.88% | December 12, 2019 | December 13, 2019 | December 31, 2019 | August 08, 2019 |
$0.07833 | 6.42% | November 14, 2019 | November 29, 2019 | November 29, 2019 | November 14, 2019 |
$0.07833 | 7.38% | October 11, 2019 | October 31, 2019 | October 31, 2019 | October 11, 2019 |
$0.07833 | 7.71% | September 12, 2019 | September 13, 2019 | September 30, 2019 | April 25, 2019 |
$0.07833 | 7.31% | August 14, 2019 | August 30, 2019 | August 30, 2019 | August 14, 2019 |
$0.07833 | 6.67% | July 12, 2019 | July 31, 2019 | July 31, 2019 | July 12, 2019 |
$0.07833 | 6.84% | June 13, 2019 | June 28, 2019 | June 28, 2019 | June 13, 2019 |
$0.07833 | 6.84% | May 14, 2019 | May 31, 2019 | May 31, 2019 | May 14, 2019 |
$0.07833 | 6.82% | April 12, 2019 | April 30, 2019 | April 30, 2019 | April 12, 2019 |
$0.07833 | 7.23% | March 14, 2019 | March 29, 2019 | March 29, 2019 | March 14, 2019 |
$0.07833 | 7.76% | February 14, 2019 | February 28, 2019 | February 28, 2019 | February 14, 2019 |
$0.07833 | 8.45% | January 14, 2019 | January 31, 2019 | January 31, 2019 | January 14, 2019 |
$0.07833 | 8.63% | December 13, 2018 | December 14, 2018 | December 31, 2018 | August 02, 2018 |
$0.07833 | 8.31% | November 14, 2018 | November 30, 2018 | November 30, 2018 | November 14, 2018 |
$0.07833 | 8.87% | October 12, 2018 | October 31, 2018 | October 31, 2018 | October 12, 2018 |
$0.07833 | 7.85% | September 13, 2018 | September 14, 2018 | September 28, 2018 | May 31, 2018 |
$0.07833 | 7.81% | August 14, 2018 | August 31, 2018 | August 31, 2018 | August 14, 2018 |
$0.07833 | 7.51% | July 12, 2018 | July 31, 2018 | July 31, 2018 | July 12, 2018 |
$0.07833 | 7.55% | May 31, 2018 | June 29, 2018 | June 29, 2018 | May 31, 2018 |
$0.07833 | 8.07% | April 30, 2018 | May 31, 2018 | May 31, 2018 | April 30, 2018 |
$0.07833 | 7.87% | April 02, 2018 | April 30, 2018 | April 30, 2018 | April 02, 2018 |
$0.07833 | 7.90% | February 28, 2018 | March 01, 2018 | March 29, 2018 | November 02, 2017 |
$0.07833 | 7.37% | January 31, 2018 | February 28, 2018 | February 28, 2018 | January 31, 2018 |
$0.07833 | 6.76% | December 29, 2017 | January 31, 2018 | January 31, 2018 | December 29, 2017 |
$0.07833 | 6.69% | November 30, 2017 | December 29, 2017 | December 29, 2017 | November 30, 2017 |
$0.07833 | 6.43% | October 31, 2017 | November 30, 2017 | November 30, 2017 | October 31, 2017 |
$0.07833 | 7.00% | September 29, 2017 | October 31, 2017 | October 31, 2017 | September 29, 2017 |
$0.07833 | 6.25% | August 30, 2017 | September 01, 2017 | September 29, 2017 | July 31, 2017 |
$0.07333 | 6.43% | July 28, 2017 | August 31, 2017 | August 31, 2017 | July 28, 2017 |
$0.07333 | 5.62% | June 29, 2017 | July 31, 2017 | July 31, 2017 | June 29, 2017 |
$0.07333 | 5.63% | May 30, 2017 | June 01, 2017 | June 30, 2017 | March 10, 2017 |
$0.07333 | 6.10% | April 27, 2017 | May 31, 2017 | May 31, 2017 | April 27, 2017 |
$0.07333 | 5.60% | March 30, 2017 | April 28, 2017 | April 28, 2017 | March 30, 2017 |
$0.07333 | 5.96% | February 27, 2017 | March 31, 2017 | March 31, 2017 | February 27, 2017 |
$0.07333 | 6.01% | January 30, 2017 | February 28, 2017 | February 28, 2017 | January 30, 2017 |
$0.07333 | 6.16% | December 28, 2016 | January 01, 2017 | January 31, 2017 | October 31, 2016 |
$0.07333 | 6.40% | November 29, 2016 | December 30, 2016 | December 30, 2016 | November 29, 2016 |
$0.07333 | 6.41% | October 28, 2016 | November 30, 2016 | November 30, 2016 | October 28, 2016 |
$0.07333 | 5.91% | September 29, 2016 | October 31, 2016 | October 31, 2016 | September 29, 2016 |
$0.07333 | 6.08% | August 30, 2016 | September 30, 2016 | September 30, 2016 | August 30, 2016 |
$0.07333 | 6.71% | July 28, 2016 | August 31, 2016 | August 31, 2016 | July 28, 2016 |
$0.07333 | 6.50% | June 29, 2016 | July 29, 2016 | July 29, 2016 | June 29, 2016 |
$0.07333 | 7.14% | May 27, 2016 | June 30, 2016 | June 30, 2016 | May 27, 2016 |
$0.07333 | 7.33% | April 28, 2016 | May 31, 2016 | May 31, 2016 | April 28, 2016 |
$0.07333 | 6.80% | March 30, 2016 | April 29, 2016 | April 29, 2016 | March 30, 2016 |
$0.07333 | 7.98% | February 26, 2016 | March 31, 2016 | March 31, 2016 | February 26, 2016 |
$0.07333 | 9.05% | January 28, 2016 | February 29, 2016 | February 29, 2016 | January 28, 2016 |
$0.07 | 7.79% | December 30, 2015 | January 29, 2016 | January 29, 2016 | December 30, 2015 |
$0.07 | 8.04% | November 27, 2015 | December 31, 2015 | December 31, 2015 | November 27, 2015 |
$0.07 | 7.78% | October 29, 2015 | November 30, 2015 | November 30, 2015 | October 29, 2015 |
$0.07 | 7.97% | September 29, 2015 | October 30, 2015 | October 30, 2015 | September 29, 2015 |
$0.07 | 7.72% | August 28, 2015 | September 30, 2015 | September 30, 2015 | August 28, 2015 |
$0.07 | 6.41% | July 30, 2015 | August 31, 2015 | August 31, 2015 | July 30, 2015 |
$0.07 | 6.34% | June 29, 2015 | July 31, 2015 | July 31, 2015 | June 29, 2015 |
$0.07 | 6.63% | May 28, 2015 | June 30, 2015 | June 30, 2015 | May 28, 2015 |
$0.06416 | 6.13% | April 29, 2015 | May 29, 2015 | May 29, 2015 | April 29, 2015 |
$0.06416 | 6.10% | March 30, 2015 | April 30, 2015 | April 30, 2015 | March 30, 2015 |
$0.06416 | 6.42% | February 26, 2015 | March 31, 2015 | March 31, 2015 | February 26, 2015 |
$0.06416 | 6.57% | January 29, 2015 | February 27, 2015 | February 27, 2015 | January 29, 2015 |
$0.06416 | 6.65% | December 30, 2014 | January 30, 2015 | January 30, 2015 | December 30, 2014 |
$0.06416 | 6.92% | November 26, 2014 | December 01, 2014 | December 31, 2014 | October 31, 2014 |
$0.06416 | 6.29% | October 30, 2014 | November 28, 2014 | November 28, 2014 | October 30, 2014 |
$0.06416 | 6.65% | September 29, 2014 | October 31, 2014 | October 31, 2014 | September 29, 2014 |
$0.06416 | 6.59% | August 28, 2014 | September 02, 2014 | September 30, 2014 | July 28, 2014 |
$0.06416 | 6.01% | July 30, 2014 | August 01, 2014 | August 29, 2014 | May 02, 2014 |
$0.06416 | 5.42% | June 27, 2014 | July 31, 2014 | July 31, 2014 | June 30, 2014 |
$0.06416 | 5.01% | May 29, 2014 | June 02, 2014 | June 30, 2014 | May 02, 2014 |
$0.06416 | 4.53% | April 29, 2014 | May 01, 2014 | May 30, 2014 | February 13, 2014 |
$0.06416 | 3.85% | March 28, 2014 | April 01, 2014 | April 30, 2014 | December 20, 2013 |
$0.06416 | 3.37% | February 27, 2014 | March 03, 2014 | March 28, 2014 | December 20, 2013 |
$0.06416 | 2.78% | January 30, 2014 | February 03, 2014 | February 28, 2014 | December 20, 2013 |
$0.0625 | 2.27% | December 30, 2013 | January 02, 2014 | January 31, 2014 | November 01, 2013 |
$0.0625 | 1.76% | November 28, 2013 | December 31, 2013 | December 31, 2013 | November 28, 2013 |
$0.0625 | 1.21% | October 30, 2013 | November 01, 2013 | November 29, 2013 | August 12, 2013 |
$0.0625 | 0.62% | September 27, 2013 | October 01, 2013 | October 31, 2013 | August 12, 2013 |
$0.04726 | 0.47% | August 29, 2013 | September 03, 2013 | September 30, 2013 | August 12, 2013 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for RNW.TO
- Dividend Payout Ratio: 3.39% Low risk
- Dividend & Capex Coverage Ratio: 0.70x Weak coverage
- Dividend Frequency: Monthly
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. TransAlta Renewables's payout ratio is 3.39% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 0.70x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This ratio below 1.0x indicates TransAlta Renewables may need to use cash reserves or debt to fund dividends and investments, which could be unsustainable long-term.
TransAlta Renewables's monthly dividend frequency can be attractive for income-oriented investors seeking regular cash flow, but requires the company to maintain consistent short-term profitability or cash reserves.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.