09:41:30 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



AltaGas Ltd
Symbol ALA
Shares Issued 281,832,475
Close 2023-12-05 C$ 27.32
Market Cap C$ 7,699,663,217
Recent Sedar Documents

Post/CP say upbeat AltaGas raises dividend

2023-12-06 09:32 ET - In the News

The Financial Post reports in its Wednesday edition that AltaGas is raising its dividend as it says it expects its earnings to grow next year, helped by its core operations. A Canadian Press dispatch to the Post qutoes the energy infrastructure company saying it will pay a quarterly dividend of 29.75 cents per share starting with its March payment to shareholders, up from 28 cents per share. In its outlook, AltaGas says it expects its normalized earnings per share for 2024 to total between $2.05 and $2.25. The result would mean year-over-year growth of about 10 per cent, based on the mid-point of its guidance for both years. The company says its capital spending plan for 2024 is expected to be $1.2-billion, excluding asset retirement obligations. AltaGas shares closed Tuesday at $27.32, down one cent on the Toronto Stock Exchange.

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