TA Ex-Dividend Reminder - 2/28/14

On 2/28/14, TransAlta Corp. (TSX: TA.TO) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 4/1/14. As a percentage of TA's recent stock price of $13.03, this dividend works out to approximately 1.38%, so look for shares of TransAlta Corp. to trade 1.38% lower — all else being equal — when TA shares open for trading on 2/28/14.

Below is a dividend history chart for TA, showing historical dividends prior to the most recent $0.18 declared by TransAlta Corp.:

TA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TA is likely to continue, and whether the current estimated yield of 5.53% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TA shares, versus its 200 day moving average:

TransAlta Corp. 200 Day Moving Average Chart

Looking at the chart above, TA's low point in its 52 week range is $12.80 per share, with $16.69 as the 52 week high point — that compares with a last trade of $13.03.

In Wednesday trading, TransAlta Corp. shares are currently trading flat on the day.

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark