Altagas Announces Dividend of C$0.12 (ALA)
Altagas (TSE:ALA) announced a dividend on Monday, February 10th, ARN reports. Investors of record on Tuesday, February 25th will be paid a dividend of 0.1154 per share on Monday, March 17th. The ex-dividend date is Friday, February 21st.
On a related note, analysts at CIBC reiterated a “sector outperform” rating on shares of Altagas in a research note on Monday, November 18th. They now have a C$41.00 price target on the stock. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of C$40.83.
Altagas (TSE:ALA) traded up 0.53% during mid-day trading on Friday, hitting $41.95. The stock had a trading volume of 30,445 shares. Altagas has a 52 week low of $34.35 and a 52 week high of $41.95. The stock has a 50-day moving average of $40.97 and a 200-day moving average of $38.17. The company has a market cap of $4.989 billion and a P/E ratio of 30.46.
AltaGas Ltd. (TSE:ALA) is a diversified energy infrastructure business with a focus on natural gas, power and regulated utilities.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.