TransAlta Corporation ( TAC ) will begin trading ex-dividend on February 27, 2017. A cash dividend payment of $0.031 per share is scheduled to be paid on April 01, 2017. Shareholders who purchased TAC prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.33% increase over prior dividend payment.
The previous trading day's last sale of TAC was $5.5, representing a -11.93% decrease from the 52 week high of $6.25 and a 46.67% increase over the 52 week low of $3.75.
TAC is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). TAC's current earnings per share, an indicator of a company's profitability, is $.14. Zacks Investment Research reports TAC's forecasted earnings growth in 2016 as 121.74%, compared to an industry average of -4.3%.
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