Transalta's Preferred Shares, Series A, Cross 3.5% Yield Mark

In trading on Friday, shares of Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.7192), with shares changing hands as low as $20.51 on the day. As of last close, TA.PRD was trading at a 17.04% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible.

The chart below shows the one year performance of TA.PRD shares, versus TA:

Performance Comparison Chart

Below is a dividend history chart for TA.PRD, showing historical dividend payments on Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A:

TA.PRD+Dividend+History+Chart

In Friday trading, Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO) is currently up about 1.1% on the day, while the common shares (TSX: TA.TO) are up about 4.5%.

Also see:
• Institutional Holders of ACCS
• SCOR Historical Stock Prices
• Institutional Holders of TAYD

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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