6-K

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of January, 2012

TRANSALTA CORPORATION

(Translation of registrant’s name into English)

110-12^th Avenue S.W., Box 1900, Station “M”, Calgary, Alberta, T2P 2M1

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F____   

Form 40-F    X     

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

_____

No

X

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________

I

The document listed below as Exhibit 99.1 to this Form 6-K is a copy of the Registrant’s news release date January 25, 2012.  This news release is being furnished, not filed, and will not be incorporated by reference into any registration statement filed by TransAlta Corporation under the Securities Act of 1933, as amended.  

99.1 Press release dated January 25, 2012 announcing “TransAlta declares dividends”

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

TransAlta Corporation

By: /s/ Brett Gellner
Brett Gellner
Chief Financial Officer
            

Date: January 25, 2012

EXHIBIT INDEX

99.1 Press release dated January 25, 2012 announcing “TransAlta declares dividends”

EX-99.1

TransAlta declares dividends

CALGARY, Alberta (Jan. 25, 2012) – The Board of Directors of TransAlta Corporation (TSX: TA; NYSE: TAC) today declared a quarterly dividend of $0.29 per share on common shares payable April 1, 2012 to shareholders of record at the close of business March 1, 2012.

The Board of Directors of TransAlta Corporation also declared a dividend of $0.2875 per share on TransAlta’s issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series A, payable on March 31, 2012 to shareholders of record at the close of business March 1, 2012.

The Board of Directors of TransAlta Corporation also declared an initial dividend of $0.3844 per share on TransAlta’s issued and outstanding Cumulative Redeemable Rate Reset First Preferred Shares, Series C, for the period from November 29, 2011 to March 31, 2012. The dividend is payable on March 31, 2012 to shareholders of record at the close of business on March 1, 2012.

All currency is expressed in Canadian dollars except where noted.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our, wind, hydro, geothermal, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index. TransAlta is Canada’s largest investor-owned renewable energy provider.

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For more information:

Media inquiries:

Investor inquiries:

Glen Whelan

Jess Nieukerk

Director, Communications

Director, Investor Relations

Phone:  (403) 267-7287

Phone: 1-800-387-3598 in Canada and U.S.

Email: glen_whelan@transalta.com

Email: investor_relations@transalta.com