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TransAlta Declares Dividends

CALGARY, ALBERTA, Apr 21, 2016 (Marketwired via COMTEX) -- The Board of Directors of TransAlta Corporation (TA) TAC, +1.54% today declared a quarterly dividend of $0.04 per common share payable on July 1, 2016 to shareholders of record at the close of business on June 1, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.16931 per share on TransAlta's issued and outstanding 2.709% Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on June 30, 2016, to shareholders of record at the close of business on June 1, 2016, for the period from and including March 31, 2016 to but excluding June 30, 2016.

The Board of Directors of TransAlta Corporation also declared a quarterly dividend of $0.15490 per share at the Quarterly Floating Dividend Rate of 2.492% on TransAlta's issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series B, payable on June 30, 2016, to shareholders of record at the close of business on June 1, 2016 for the period from and including March 31, 2016, to but excluding June 30, 2016. Please note the Quarterly Floating Dividend Rate will be reset every...


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