Altagas Ltd (ALA) to Issue Monthly Dividend of $0.18
Altagas Ltd (TSE:ALA) declared a monthly dividend on Monday, February 12th, Zacks reports. Investors of record on Monday, February 26th will be paid a dividend of 0.183 per share on Thursday, March 15th. This represents a $2.20 annualized dividend and a dividend yield of 8.34%. The ex-dividend date is Friday, February 23rd.
Altagas (TSE ALA) opened at C$26.32 on Friday. The stock has a market capitalization of $4,610.00, a P/E ratio of 56.00 and a beta of 0.38. Altagas has a 1 year low of C$25.42 and a 1 year high of C$31.70.
In other Altagas news, Director David Wallace Cornhill sold 4,000 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of C$29.01, for a total value of C$116,040.00. Also, insider Peter Lauren Karl sold 2,300 shares of the business’s stock in a transaction on Thursday, November 23rd. The stock was sold at an average price of C$29.66, for a total value of C$68,218.00.
Altagas Company Profile
AltaGas Ltd is a Canada-based energy infrastructure company. The Company operates through three segments: Gas, Power and Utilities. The Gas segment transacts approximately two billion cubic feet per day (Bcf/d) of natural gas and includes natural gas gathering and processing, natural gas liquids extraction and separation, transmission, storage and natural gas marketing, as well as its interest in Petrogas Energy Corp.
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