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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

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Post by Ariahpon Nov 08, 2024 4:01pm
97 Views
Post# 36303926

SOBO Canadian Dividend Equivalent ($$)

SOBO Canadian Dividend Equivalent ($$)Yesterday, South Bow declared its inaugural quarterly dividend of US$0.50/share, payable on January 31, 2025, to shareholders of record at the close of business on December 31, 2024 (dividend record date).

Shareholders with Canadian accounts will receive their dividend in C$ based on an applicable exchange rate as at the dividend record date. In short, this means that the dividends paid in C$ may vary quarter-to-quarter.

The annual equivalent of the declared dividend is US$2.00/share and based on yesterday’s Bank of Canada C$/US$ closing daily exchange rate (1.3866), the annual equivalent would be approximately C$2.77/share.

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