Transalta Renewables (RNW) Announces Jan 14 Dividend of $0.06
Transalta Renewables (TSE:RNW) declared a jan 14 dividend on Thursday, October 31st, American Banking and Market News reports. Investors of record on Thursday, January 2nd will be given a dividend of $0.0625 per share on Friday, January 31st.
RNW has been the subject of a number of recent research reports. Analysts at TD Securities initiated coverage on shares of Transalta Renewables in a research note to investors on Monday. They set a “hold” rating and a C$11.00 price target on the stock. On the ratings front, analysts at CIBC reiterated a “sector outperform” rating on shares of Transalta Renewables in a research note to investors on Wednesday, October 23rd. They now have a C$11.50 price target on the stock. Finally, analysts at RBC Capital reiterated a “sector perform” rating on shares of Transalta Renewables in a research note to investors on Tuesday, October 22nd. They now have a C$11.00 price target on the stock.
Shares of Transalta Renewables (TSE:RNW) opened at 10.30 on Friday. Transalta Renewables has a 52-week low of $9.88 and a 52-week high of $10.35. The stock has a 50-day moving average of $10.20 and a 200-day moving average of $10.12.
TransAlta Renewables Inc is a generator and marketer of electricity and renewable power. The Company owns a portfolio of renewable power generation facilities.
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