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.

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AltaGas Ltd

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Comment by rustybladeson Jun 13, 2018 8:42am

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Post# 28164180

RE:RE:RE:RE:why are the receipts trading less than the stock?

SkCardinals wrote:

Correct me if I'm wrong but I thought it was a 3% discount on reinvested dividend shares as defined my the PLAN. In any event it is a strong incentive to hold the commons.

You are correct. There is a 3% discount on the DRIP. The 1% bonus interest is for shares not in the DRIP. I have shares in a DRIP in an RSP and they get the dividend with no bonus interest but receive a discounted price for purchase of the DRIP shares. The dividend in my unregistered account, no DRIP, receive the 1% bonus interest. The 1% is calculated on the dividend not the share price.

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