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 infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.

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AltaGas Ltd

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Comment by cowfaceon Oct 25, 2018 5:29pm

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Post# 28874442

RE:RE:RE:RE:RE:CIBC downgrade and speculation on dividend cut

Beckysboss wrote:

Veresen had a 13% dividend when I was buying it in 2016, that was a function of the share price drop. VSN never cut the dividend,

Did they issue shares? My point is that if they issue shares, they're on the hook for all the dividends on those new shares. In a sense they'd be raising money at over 10%, which would be a problem.

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