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 gentlewolfon Jan 16, 2019 2:17am

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Post# 29237929

RE:RE:RE:RE:RE:Dividend just DECREASED 56%

james1975 wrote: I'm not looking at 2019 for dividend increases. This year is a year for planned asset dispositions as the new management has stated.
But after 2019, the ultralow 33% payout ratio won't last if every other company in the utilities sector is paying out 60-70%...

Any chance the payout ratio will rise above 33% after
completion of planned asset dispositions. I expect
extra revenue from various ongoing projects
to more than cover loss of income from assets sold.
But is there any chance the payout ratio could increase
for a short while. Thanks for any info.

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