From the FP Shares issued 281,518,948
ALA Close 2022-12-06 C$ 23.80
The Financial Post reports in its Tuesday edition that AltaGas is raising its dividend by 6 per cent. A Canadian Press dispatch to the Post says that the energy infrastructure company said it will pay a quarterly dividend of 28 cents per share, up from 26.5 cents per share. The increased payment to shareholders came as AltaGas said it expects normalized earnings per share of $1.85 to $2.05 in 2023. The result was forecast along with expectations for normalized earnings before interest, taxes, depreciation and amortization of $1.5-billion to $1.6-billion next year. AltaGas said its capital program for 2023 is expected to total about $930-million, excluding asset retirement obligations. The company also expects about $90-million of capital investments that were approved in 2022 to be spent in early 2023. AltaGas shares closed Monday at $23.86, up $1.04 on the Toronto Stock Exchange.
By the way my investment in ALA is for
a the long run this time.
The reason is the ''clarity''of the last news release se!