AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.
AltaGas Dividend Announcement
• AltaGas announced a quarterly dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-16
• AltaGas annual dividend for 2024 was $0.66
• AltaGas annual dividend for 2023 was $0.83
• AltaGas's trailing twelve-month (TTM) dividend yield is 3.2%
• AltaGas's payout ratio for the trailing twelve months (TTM) is 78.07%
• AltaGas's dividend growth over the last five years (2018-2023) was -10.77% year
• AltaGas's dividend growth over the last ten years (2013-2023) was 21.35% year
AltaGas Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-16 | $0.00 | quarterly | |
2024-09-16 | $0.22 | quarterly | 2024-09-27 |
2024-06-14 | $0.22 | quarterly | 2024-06-28 |
2024-03-14 | $0.22 | quarterly | |
2023-12-14 | $0.21 | quarterly | 2023-12-29 |
2023-09-14 | $0.21 | quarterly | 2023-09-29 |
2023-06-15 | $0.21 | quarterly | 2023-06-30 |
2023-03-15 | $0.20 | quarterly | 2023-03-31 |
2022-12-15 | $0.20 | quarterly | 2022-12-30 |
2022-09-15 | $0.20 | quarterly | 2022-09-29 |
2022-06-15 | $0.20 | quarterly | 2022-06-30 |
2022-03-15 | $0.21 | quarterly | 2022-03-31 |
2021-12-21 | $0.06 | quarterly | 2021-12-31 |
2021-11-24 | $0.07 | quarterly | 2021-12-15 |
2021-10-22 | $0.07 | quarterly | 2021-11-15 |
2021-09-24 | $0.07 | quarterly | 2021-10-15 |
2021-08-24 | $0.07 | quarterly | 2021-09-15 |
2021-07-23 | $0.07 | quarterly | 2021-08-16 |
2021-06-24 | $0.07 | quarterly | 2021-07-15 |
2021-05-21 | $0.07 | quarterly | 2021-06-15 |
2021-04-23 | $0.07 | quarterly | 2021-05-17 |
2021-03-24 | $0.07 | quarterly | 2021-04-15 |
2021-02-24 | $0.07 | quarterly | 2021-03-15 |
2021-01-22 | $0.07 | quarterly | 2021-02-15 |
2020-12-24 | $0.06 | quarterly | 2021-01-15 |
2020-11-24 | $0.06 | quarterly | 2020-12-15 |
2020-10-23 | $0.06 | quarterly | 2020-11-16 |
2020-09-24 | $0.06 | quarterly | 2020-10-15 |
2020-08-24 | $0.06 | quarterly | 2020-09-15 |
2020-07-24 | $0.06 | quarterly | 2020-08-17 |
2020-06-24 | $0.06 | quarterly | 2020-07-15 |
2020-05-22 | $0.06 | quarterly | 2020-06-15 |
2020-04-24 | $0.06 | quarterly | 2020-05-15 |
2020-03-24 | $0.06 | quarterly | 2020-04-15 |
2020-02-24 | $0.06 | quarterly | 2020-03-16 |
2020-01-24 | $0.06 | quarterly | 2020-02-17 |
2019-12-24 | $0.06 | quarterly | 2020-01-15 |
2019-11-22 | $0.06 | quarterly | 2019-12-16 |
2019-10-24 | $0.06 | quarterly | 2019-11-15 |
2019-09-24 | $0.06 | quarterly | 2019-10-15 |
2019-08-23 | $0.06 | quarterly | 2019-09-16 |
2019-07-24 | $0.06 | quarterly | 2019-08-15 |
2019-06-24 | $0.06 | quarterly | 2019-07-15 |
2019-05-24 | $0.06 | quarterly | 2019-06-17 |
2019-04-24 | $0.06 | quarterly | 2019-05-15 |
2019-03-22 | $0.06 | quarterly | 2019-03-15 |
2019-01-24 | $0.06 | quarterly | 2019-02-15 |
2018-12-24 | $0.06 | quarterly | 2019-01-15 |
2018-11-23 | $0.14 | quarterly | 2018-12-17 |
2018-10-24 | $0.14 | quarterly | 2018-11-15 |
2018-09-24 | $0.14 | quarterly | 2018-09-17 |
2018-07-24 | $0.14 | quarterly | 2018-08-15 |
2018-06-22 | $0.14 | quarterly | 2018-07-16 |
2018-05-24 | $0.14 | quarterly | 2018-06-15 |
2018-04-24 | $0.14 | quarterly | 2018-05-15 |
2018-03-23 | $0.14 | quarterly | 2018-04-16 |
2018-02-23 | $0.14 | quarterly | 2018-03-15 |
2018-01-24 | $0.15 | quarterly | 2018-02-15 |
2017-12-22 | $0.14 | quarterly | 2018-01-15 |
2017-11-24 | $0.14 | quarterly | 2017-11-15 |
2017-09-22 | $0.14 | quarterly | 2017-10-16 |
2017-08-23 | $0.14 | quarterly | 2017-09-15 |
2017-07-21 | $0.14 | quarterly | 2017-08-15 |
2017-06-22 | $0.13 | quarterly | 2017-07-17 |
2017-05-23 | $0.13 | quarterly | 2017-06-15 |
2017-04-21 | $0.13 | quarterly | 2017-05-15 |
2017-03-23 | $0.13 | quarterly | 2017-04-17 |
2017-02-23 | $0.13 | quarterly | 2017-03-15 |
2017-01-23 | $0.13 | quarterly | 2017-02-15 |
2016-12-22 | $0.13 | quarterly | |
2016-11-23 | $0.13 | quarterly | |
2016-10-21 | $0.13 | quarterly | |
2016-09-22 | $0.13 | quarterly | |
2016-08-23 | $0.14 | quarterly | |
2016-07-21 | $0.13 | quarterly | |
2016-06-23 | $0.13 | quarterly | |
2016-05-20 | $0.13 | quarterly | |
2016-04-21 | $0.13 | quarterly | |
2016-03-23 | $0.13 | quarterly | |
2016-02-23 | $0.12 | quarterly | |
2016-01-21 | $0.11 | quarterly | |
2015-12-23 | $0.12 | quarterly | |
2015-11-23 | $0.12 | quarterly | |
2015-10-22 | $0.13 | quarterly | |
2015-09-23 | $0.12 | quarterly | |
2015-08-21 | $0.12 | quarterly | |
2015-07-23 | $0.12 | quarterly | |
2015-06-23 | $0.13 | quarterly | |
2015-05-21 | $0.13 | quarterly | |
2015-04-23 | $0.12 | quarterly | |
2015-03-23 | $0.12 | quarterly | |
2015-02-23 | $0.12 | quarterly | |
2015-01-22 | $0.12 | quarterly | |
2014-12-23 | $0.13 | quarterly | |
2014-11-21 | $0.13 | quarterly | |
2014-10-23 | $0.13 | quarterly | |
2014-09-23 | $0.13 | quarterly | |
2014-08-21 | $0.14 | quarterly | |
2014-07-23 | $0.14 | quarterly | |
2014-06-23 | $0.14 | quarterly | |
2014-05-22 | $0.14 | quarterly | |
2014-04-23 | $0.12 | quarterly | |
2014-03-21 | $0.11 | quarterly | |
2014-02-21 | $0.12 | quarterly | |
2014-01-23 | $0.12 | quarterly | |
2013-12-23 | $0.12 | quarterly |
AltaGas Dividend per year
AltaGas Dividend growth
AltaGas Dividend Yield
AltaGas current trailing twelve-month (TTM) dividend yield is 3.2%. Interested in purchasing AltaGas stock? Use our calculator to estimate your expected dividend yield:
AltaGas Financial Ratios
AltaGas Dividend FAQ
Other factors to consider when evaluating AltaGas as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: AltaGas's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, AltaGas publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, AltaGas distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from AltaGas are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: AltaGas sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, AltaGas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AltaGas declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of AltaGas's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review AltaGas's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.