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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

Comment by Capharnaumon Mar 11, 2021 2:46pm
207 Views
Post# 32777483

RE:RE:A thought

RE:RE:A thought
rustyblades wrote: I think in January 2020, people were expecting more than the piddly 4% dividend increase we received in December. At the current yield and tempered expectations for dividend growth it's difficult to see the share price going too much higher in the near term.

Who knows, ALA could be plan B for BAM if the IPL bid fails.


ALA would be worth over $21 even if they didn't pay a dividend. I like dividends as it usually shows that companies have good steady cashflows. However, in general, the higher the dividend, the less upside to a raise in share price, as cash goes out instead of being reinvested.
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