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 > The paltry dividend yield needs to be addressed

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Comment by BSdetector2016on Oct 16, 2021 1:09pm

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Post# 34013551

RE:RE:The paltry dividend yield needs to be addressed

Compare ENB and CPX to ALA on the 5-year and 10-year charts and see what you get. Most people buying this kind of stock are in it for the long haul, capital gain and reliable dividend income. Short-term ALA seems good from a capital gain perspective, but also remember that management stomped it into the ditch, so the rebound seems good. Again: improve the dividend and people might start noticing it again.

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