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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

Utilities Utilities - Regulated Gas Utilities
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.


TSX:ALA - Post by User

AltaGas Ltd > Div. increase.
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Comment by Joe455on Dec 06, 2021 3:58pm
254 Views
Post# 34203613

RE:Div. increase.

RE:Div. increase.
AAJJRR wrote: Better than I expected, and if you add 6% to the yearly high, we'll be just over 28.50, (barring interest rate fears). Now if only my itchy fingers can resist selling for a short gain! Ahimsa.

A 6% div increase is good for a utility and once ALA gets recognized as a utility the share price should improve substantially.
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