RE:RE:RE:Another comment on Johnny O & his hate on for big divs Sarge, off topic, good on you and a smart move. I am also lucky to be thriving off of my investments, too young for CPP or OAC and will be clawed back anyways.
Why would there be a div cut? Their payout ratio is very reasonable. 2017 Normalised funds from operations was 3.60 share. There is nothing wrong with a company utilizing debt or issuance of stock to add assets that are acreditive to shareholders. While still paying out a dividend.
Achieved record normalized EBITDA
1 of
$797 million, an increase of approximately 14 percent over 2016
2018 Outlook
AltaGas expects the WGL Acquisition to close in mid-2018. As a combined entity, AltaGas expects normalized EBITDA to increase by approximately 25 to 30 percent and normalized funds from operations to increase by approximately 15 to 20 percent.
On a standalone basis, excluding the WGL Acquisition and potential asset monetizations, AltaGas expects a moderate increase to both normalized EBITDA and funds from operations in 2018 compared to 2017 related to its base business, mainly as a result of growth in the Gas segment
Nothing is guaranteed but risk/reward loosk good.