News stories about TransAlta (NYSE:TAC) (TSE:TA) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TransAlta earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 46.8774451659357 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of TransAlta (NYSE TAC) opened at $5.75 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.92 and a debt-to-equity ratio of 0.81. The stock has a market cap of $1,650.00, a P/E ratio of 143.75 and a beta of 0.78. TransAlta has a 1 year low of $5.00 and a 1 year high of $6.60.
The business also recently disclosed a quarterly dividend, which was paid on Monday, January 1st. Shareholders of record on Friday, December 1st were given a dividend of $0.031 per share. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $0.12 annualized dividend and a yield of 2.16%. TransAlta’s dividend payout ratio (DPR) is presently 325.00%.
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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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