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Transalta Renewables (TSE:RNW) announced a Monthly dividend on Thursday, January 30th, Analyst RN reports. Investors of record on Friday, February 28th will be paid a dividend of 0.0642 per share on Friday, February 28th. This represents a dividend yield of 6.84%. The ex-dividend date is Thursday, January 30th.

On the ratings front, analysts at TD Securities raised their price target on shares of Transalta Renewables from C$16.00 to C$16.50 in a research note to investors on Friday, November 1st. They now have a “buy” rating on the stock.

Shares of Transalta Renewables (TSE:RNW) opened at 11.25 on Thursday. Transalta Renewables has a one year low of $9.88 and a one year high of $11.40. The stock’s 50-day moving average is $11. and its 200-day moving average is $10.50.

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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