Headlines about TransAlta (NYSE:TAC) (TSE:TA) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransAlta earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 47.0219702463319 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
TransAlta opened at $5.70 on Friday, according to Marketbeat. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of -31.67 and a beta of 0.66. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 1.62. TransAlta has a 1-year low of $4.75 and a 1-year high of $6.45.
The business also recently announced a quarterly dividend, which will be paid on Monday, October 1st. Investors of record on Tuesday, September 4th will be paid a $0.0305 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Friday, August 31st. TransAlta’s dividend payout ratio is currently -66.67%.
TransAlta Company Profile
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. The company operates through eight segments: Canadian Coal, U.S. Coal, Canadian Gas, Australian Gas, Wind and Solar, Hydro, Energy Marketing, and Corporate.
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