TransAlta Co. (TSE:TA) (NYSE:TAC) insider John Harry Kousinioris bought 10,300 shares of TransAlta stock in a transaction on Monday, December 11th. The shares were acquired at an average cost of C$7.79 per share, with a total value of C$80,237.00.
Shares of TransAlta Co. (TSE:TA) traded down C$0.16 during midday trading on Monday, hitting C$7.82. 516,017 shares of the stock were exchanged, compared to its average volume of 537,952. TransAlta Co. has a 1 year low of C$6.88 and a 1 year high of C$8.50.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 1st will be paid a $0.04 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.05%. TransAlta’s dividend payout ratio (DPR) is presently 266.67%.
TransAlta Company Profile
TransAlta Corporation (TransAlta) is a non-regulated electricity generation and energy marketing company with an aggregate net ownership interest of approximately 8,720 megawatts of generating capacity. The Company is engaged in the production and sale of electric energy. It focuses on generating and marketing electricity in Canada, the United States and Western Australia through its diversified portfolio of facilities fuelled by coal, natural gas, diesel, hydro, wind and solar.
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