Rank TransAlta Preferreds

This compare tool allows you to Rank TransAlta Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the TransAlta preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

TransAlta Brief Overview

Visit the TransAlta company website to see the preferred share prospectus, news and other information.

Sector: Power generator and wholesale marketer of electricity.

Core businesses and operations:

  1. Owns more than 70 power plants in Canada, the Western United States, and Australia.
  2. Generating capacity is 50% coal and 20% natural gas and 30% hydroelectric and wind

The latest information and statistics on their common stock TA, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2020Jun30. Dividend Payment Schedule: 2021MAR31 , 2020JUN30 , 2020SEP30 , 2020DEC31

Next Ex-Dividend Date: 2020MAY31. Ex Dividend Date Schedule: 2021FEB28 , 2020MAY31 , 2020AUG30 , 2020NOV30

 

TransAlta Credit Rating

The latest credit rating for TransAlta are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
P-4(high)BBB(low)Pfd-3LBB+Ba1

TransAlta Common Share Metrics

Symbol: TSE:TACurrency: CADMarket Cap: $1,795,367,406Price: $8.74
P/E: 17P/B: 1.20Dividend: $0.04Yield: 1.95%
Beta: 1.02



Rank TransAlta Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield | Dividend)
Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield | Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase (percent | to value )New Spread (%Increase | value)Years To Double Initial InvestmentName
TA-D $8.25$12.11$6.485YR + 2.03%08.24% | $0.6807.72% | $0.6407.80% | $0.642021MAR31203% | 7.73%067% | 3.39%8.747TransAlta Corp. 2.709%, Series A
TA-H $13.43$17.74$9.905YR + 3.65%09.68% | $1.3007.76% | $1.0408.51% | $1.142022SEP30086% | 7.76%046% | 5.33%7.490TransAlta Corp. 5.194%, Series E
TA-F $11.44$15.44$8.515YR + 3.10%08.81% | $1.0107.90% | $0.9008.20% | $0.932022JUN30119% | 7.91%054% | 4.78%8.202TransAlta Corp. 4.027%, Series C
TA-J $14.80$18.48$10.705YR + 3.80%08.43% | $1.2507.29% | $1.0808.21% | $1.212024SEP30069% | 7.30%040% | 5.35%8.554TransAlta Corp. 5.30%, Serie G
TA-E $8.29$12.84$7.223MTH + 2.03%06.66% | $0.55N/AN/AFLOATING202% | 7.69%066% | 3.38%N/ATransAlta Corp., Series B


Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 5 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 0.01%
  • Scenario 2: 5YR GOC Rate is set at 0.4%
  • Scenario 3: 5YR GOC Rate is set at 0.8%
  • Scenario 4: 5YR GOC Rate is set at 1.2%
  • Scenario 5: 5YR GOC Rate is set at 1.6%

For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
Credit RatingSymbolReset Date Y/M/DCurrent (Yield | Dividend)
5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield | Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%.
5Yr @ 0.4%. Blended (Yield | Dividend)5Yr @ 0.4%. Rate Increase (percent | to value )
5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%.
5Yr @ 0.8%. Blended (Yield | Dividend)5Yr @ 0.8%. Rate Increase (percent | to value )
5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%.
5Yr @ 1.2%. Blended (Yield | Dividend)5Yr @ 1.2%. Rate Increase (percent | to value )
5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%.
5Yr @ 1.6%. Blended (Yield | Dividend)5Yr @ 1.6%. Rate Increase (percent | to value )
Pfd3LTA-D 2021MAR3108.24% | $0.686.18% | $0.5106.38% | $0.52203% | 6.18%7.36% | $0.6007.45% | $0.61203% | 7.36%8.58% | $0.7008.54% | $0.70203% | 8.58%9.79% | $0.8009.63% | $0.79203% | 9.79%11.00% | $0.9010.72% | $0.88203% | 11.00%
Pfd3LTA-H 2022SEP3009.68% | $1.306.81% | $0.9107.95% | $1.06086% | 6.81%7.54% | $1.0108.38% | $1.12086% | 7.54%8.28% | $1.1108.83% | $1.18086% | 8.28%9.03% | $1.2109.27% | $1.24086% | 9.03%9.77% | $1.3109.72% | $1.30086% | 9.77%
Pfd3LTA-F 2022JUN3008.81% | $1.016.80% | $0.7707.51% | $0.85119% | 6.80%7.65% | $0.8708.06% | $0.92119% | 7.65%8.52% | $0.9708.62% | $0.98118% | 8.52%9.40% | $1.0809.22% | $1.05119% | 9.40%10.30% | $1.1809.79% | $1.12119% | 10.30%
Pfd3LTA-J 2024SEP3008.43% | $1.256.44% | $0.9508.04% | $1.19069% | 6.44%7.09% | $1.0508.17% | $1.21068% | 7.09%7.77% | $1.1508.31% | $1.23068% | 7.77%8.45% | $1.2508.44% | $1.25069% | 8.45%9.12% | $1.3508.58% | $1.27068% | 9.12%