AltaGas Ltd T.ALA

Alternate Symbol(s): ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.

TSX:ALA - Post by User

AltaGas Ltd

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Comment by rustybladeson Oct 04, 2017 4:57pm

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Post# 26777566

RE:.175 cents monthly

TimeBuilder wrote: For ALA.T & ALA.R.T really looks pretty GOOD from this chair.....Both are term holdings...Regards to ALL Investors, TimeBuilder

Just a couple of minor clarifications. The distribution paid by the receipts is a combination of interest and return of capital, so no dividend tax credit. The common pays a dividend qualifying for the dividend tax credit. So cconsider the after tax return for taxable accounts.

Also the common pays a 1% bonus, so the monthly common dividend is actually .17675. I don't know why there is a bonus but it started to show up about a year ago.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages