Insider Buy Listed below is a security that has had recent buying activity in the public market reported by the president and CEO.
AltaGas Ltd.
On Nov. 4, president and chief executive officer Vern Yu bought 7,600 shares at a cost per share of $33.121, after which this particular account held 108,251 shares. The cost of this purchase totaled more than $251,000.
The company pays its shareholders a quarterly dividend of 0.2975 cents per share, equating to a current annualized yield of approximately 3.6 per cent.
Year-to-date, the share price of this energy infrastructure company with midstream and utilities assets has rallied 20 per cent.