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 james1975on Feb 28, 2019 9:04pm

125 Views

Post# 29426427

RE:RE:CC

Well, you do the math.

The dividend payout ratio is around 27%.
Competitors are running around 50-60%.

So the dividend could be raised 100% in one fell swoop and they would only have an average payout.

The market is waking up to the fact that they are very likely to do what other, larger players in the space have done (Enbridge, Nextera Energy) and declare 10% raises for at least the next 5 years, starting after 2019.

mnztr wrote:
Bought some at 12 and now I am BACK IN THE BLACK!!! , not sure if I will hold. Was there any talk of ramping the divvy up on the call? Its kinda meh now.

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