Altagas Ltd (ALA) Plans Monthly Dividend of $0.18
Altagas Ltd (TSE:ALA) declared a monthly dividend on Monday, December 11th, Zacks reports. Investors of record on Wednesday, December 27th will be paid a dividend of 0.183 per share on Monday, January 15th. This represents a $2.20 annualized dividend and a yield of 7.52%. The ex-dividend date is Tuesday, December 26th. This is a positive change from Altagas’s previous monthly dividend of $0.18.
Shares of Altagas (ALA) traded up C$0.37 during trading hours on Tuesday, reaching C$29.21. 864,037 shares of the company traded hands, compared to its average volume of 586,948. Altagas has a 12 month low of C$26.87 and a 12 month high of C$35.15.
In other news, insider Peter Lauren Karl sold 2,300 shares of the business’s stock in a transaction that occurred on Thursday, November 23rd. The shares were sold at an average price of C$29.66, for a total value of C$68,218.00. Also, Director David Wallace Cornhill sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of C$29.20, for a total transaction of C$58,400.00. Over the last quarter, insiders have sold 8,300 shares of company stock valued at $242,658.
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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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