AltaGas Ltd T.ALA

Altagas mentioned in Motley Fool.

[cttglvr]

I don't put too much merit in Motley Fool but this was interesting

With most of its revenues (about 75%) coming from the regulated utility assets, AltaGas (TSX:ALA) is another top TSX stock offering a monthly dividend. AltaGas’s regulated utility business generates growing and predictable cash flows and drives its dividends. 

Meanwhile, its midstream business is witnessing stellar growth, thanks to the contributions from RIPET (Ridley Island Propane Export Terminal). RIPET has added significant value to AltaGas’s midstream operations and is driving robust volume growth.  

AltaGas’s rate base growth, cost-reduction measures, and strong exports in its midstream operations provide a strong underpinning for growth.  

AltaGas expects its consolidated utilities rate base to increase by approximately 8-10% annually through 2024, implying that its utility segment is likely to generate healthy growth over the next several years and support its dividend payments. AltaGas pays a monthly dividend of $0.08, reflecting a dividend yield of over 5%. 

[bossu]

Exactly what was told for months but 60% of the EBITDA come from Utilities ( see last presentation). Another point not mentionned is the annual saving ot $ 22 M from reduced interest costs for many years to come with $ 1 ,7 B issued  notes. during 2020. And what about the  74% ownership coming soon of Petronas to add to earn an estimated $185-million of normalized EBITDA in 2021

[Bushman3333]

Any one believes in  Motley written  is totally stupid, Vega totally idiot and annoying, worse than accident, look, he is liar, he says got a girl friend, any one has woman, doesn't wake up at midnight and write in stock board, instead stay in arms his woman changing oil and pleasing her. 

[Vega1357]

Another stock that has recently been recommended by Motley Fool is FTS. I've loaded up on it today as it is dirty cheap. You can't go wrong buying a stock that the great Vega is holding.