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.

TSX:ALA - Post by User

AltaGas Ltd > Dividend should be atleast 9c or 10c

<< Previous

Bullboard Posts

Next >>

Comment by rustybladeson Dec 10, 2020 2:38pm

263 Views

Post# 32078389

RE:Dividend should be atleast 9c or 10c

I was expecting at least 6c which would have made the monthly 8.5. The difference between 4c and 6c per year is immaterial to AltaGas so I don't know why they went with such a low number. Disappointing. The big question is whether after waiting another year to December 2021 will we be rewarded with another miserly bump. I don't see the share price moving very far with this news.