View and export this data going back to 1999. 432.89. What AltaGas Ltd.'s (TSE:ALA) ROE Can Tell Us, Minister Bibeau holds First Bilateral Discussion with U.S. Secretary of Agriculture Vilsack, CDW (NASDAQ:CDW) Has Rewarded Shareholders With An Exceptional 307% Total Return On Their Investment, AltaGas' Normalized Earnings in Fourth Quarter of 2020 Down Year over Year, -- Earnings Flash (ALA.TO) ALTAGAS Posts Q4 EPS C$0.17, -- Earnings Flash (ALA.TO) ALTAGAS Posts Q4 Revenue C$1.69 Billion, vs. Street Est of C$1.23 Billion, -- Earnings Flash (ALA.TO) ALTAGAS Posts Q4 Revenue C$1.69 Billion, vs. Street Est of CAD1.23 Billion, AltaGas Announces Strong Q4 and 2020 Results, PetroShale Provides Information on Preferred Share Dividend Settlement, AltaGas Ltd. to Issue Fourth Quarter and Full Year 2020 Results, AltaGas Appoints New Independent Director, AltaGas Announces Board of Director Transition, SEMCO Energy, Inc. -- Moody's upgrades SEMCO Energy to A3; assigns A1 senior secured rating; stable outlook. AltaGas’s dividend payout ratio is presently 55.36%. AltaGas Ltd is a Canada-based diversified energy infrastructure company. Export data to Excel for your own analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more. Learn about financial terms, types of investments, trading strategies and more. P/E Ratio 5-Year High. S&P 500 3,821.35 (-0.54%) View our full suite of financial calendars and market data tables, all for free. Already a subscriber? AltaGas pays an annual dividend of C$0.96 per share, with a dividend yield of 4.74%. If a company dividend-payout ratio is too high, its dividend may not be sustainable. At AltaGas, our core values are built upon investing in and supporting our people and fostering a diverse and inclusive workplace. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. Future Payout to Shareholders Future Dividend Coverage : ALA's dividends in 3 years are forecast to be covered by earnings (55.9% payout ratio). AltaGas stock has lost nearly half of its value in the last year. Identify stocks that meet your criteria using seven unique stock screeners. Historical Payout Ratio Data. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. ... 13%, so expect a 50% dividend cut. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. Start Your Free Trial. … AltaGas's dividend payout ratio for the months ended in Sep. 2020 was 0.00. … Warning Sign: If a company dividend payout ratio is too high, its dividend may not be sustainable. View BCE's dividend history, dividend yield, date and payout ratio at MarketBeat. AltaGas Ltd. (TSE:ALA) has been assigned an average recommendation of “Buy” from the fourteen analysts that are currently covering the stock, MarketBeat reports. This table contains critical financial ratios such as Price-to-Earnings (P/E Ratio), Earnings-Per-Share (EPS), Return-On-Investment (ROI) and others based on AltaGas Ltd's latest financial reports. The payout ratio is the percentage of total dividends paid / net income. Do Not Sell My Information. The newly announced dividend which will be paid on Monday, March 15th. That?s one of the main reasons that some investors are doubting that Altagas?s 7% yield is sustainable when compared to 3.58% dividend yield offered by Fortis. Gas distribution charges include the fixed charges, variable energy charges, demand charge (where applicable), and exclude the gas cost. Altagas cuts dividend 56% to $0.08 monthly: 2016-07-22: ALA: Altagas raises dividend 6% to $0.175 monthly: Updated: 2021-03-05. This has been a complete disaster. Please log in to your account or sign up in order to add this asset to your watchlist. Sign in. 16.57. View Payout Ratio for ALA.TO. Last Close Price: $19.79. Get short term trading ideas from the MarketBeat Idea Engine. And utilities have a lower payout ratio because of their need to invest to maintain the rate base to maintain earnings. The average 1 year price target among analysts that have issued a report on the stock in the last year […] View real-time stock prices and stock quotes for a full financial overview. View 4,000+ financial data types. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.06%. Market Cap: 5.53B. Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. P/E Ratio 5-Year Low. Nevertheless, Altagas reported a … View which stocks are hot on social media with MarketBeat's trending stocks report. Since Altagas converted from an income trust to a corporation, it has steadily raised its dividend per share consecutively for five years. The dividend-payout ratio of Altagas is 322%, which seems too high. AltaGas has a significant three-year median payout ratio of 80%, meaning the company only retains 20% of its income. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. ... Current P/E Ratio. Credit Ratings, Research and Analysis for the global capital markets. Payout Ratio: --PE Ratio: 11. According to these financial ratios AltaGas Ltd.'s valuation is way above the market valuation of its sector. S.i. ALA's next monthly dividend payment will be made to shareholders of record on Monday, March 15. Even though the dividend payout has been cut to $0.96 from $2.19, the company sports a low payout ratio of 25% and an annual average dividend yield of 4.8%, which is pretty attractive for a utilities company. Already a subscriber? The payout ratio is the percentage of total dividends paid / net income. ATGFF | Complete AltaGas Ltd. stock news by MarketWatch. AltaGas pays monthly dividends which have reduced recently as a result of the company’s focus on paying down its debt through asset sales. Get daily stock ideas top-performing Wall Street analysts. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. It operates through three segments: Midstream Power and Utilities. The EV/EBITDA NTM ratio of AltaGas Ltd. is significantly higher than the average of its sector (Exploration & Production): 4.86. ... Dividend Payout Ratio: Latest dividend payout is the % of net income paid to stockholders in dividends. To see all exchange delays and terms of use please see disclaimer. Although AltaGas will hold ~37% to 45% of AltaGas Canada at the close of the initial public offering, it is not as good as owning all of those assets. Systems Announces Acquisition of Annex Consulting Group, -- AltaGas Brief: Reinstated at Outperform With $22 Price Target by ATB, says BNN Bloomberg TV. MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. Yield: 5.03%. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 AltaGas is a North American energy infrastructure company based in Calgary, Alberta. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Learn more. The news of a new CEO coming on board did not trigger any meaningful rally in the stock. The stock had previously closed at C$20.06. AltaGas Ltd. operates as a diversified energy infrastructure company in North America. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Browse... View Full Chart Payout Ratio Chart . AltaGas Ltd. Looking for new stock ideas? There is no data for the selected date range. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. ... Payout Ratio. A stock’s dividend reliability is determined by a healthy payout ratio that is higher than other stocks. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.05%. In-depth view of key statistics and finances for AltaGas Ltd. (ALA) on MSN Money. Fundamental company data provided by Zacks Investment Research. Dividends Subject to approval of the Board of Directors of AltaGas, it is currently intended that dividends will be paid to shareholders of record as at the close of business on the 25th day of the month, or the following business day if it falls on a weekend or holiday. The ex-dividend date is Wednesday, February 24th. The company traded as high as C$17.75 and last traded at C$19.72, with a volume of 968663 shares trading hands. Most Recent Split: The share split recorded and the date on which the split occurred. Calgary-based AltaGas bought a one-third interest in Petrogas for about $440 million in 2013 as part of a transaction that allowed joint venture partner Tokyo-based Idemitsu Kosan … Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. ALA's … My personal commitment is to ensure that our people remain committed to support diversity, inclusion and innovative thought in our workplace and in the manner in which we operate within our communities. AltaGas Payout Ratio. Frequency: Monthly. The company operates in three business segments: gas, power generation, and utilities. With a payout ratio of 81%, Fortis is in a much better position to sustain its dividend when compared to a whopping 230% payout ratio for Altagas. However, some municipalities also apply the Franchise Fee to gas costs. All rights reserved. Find out all the key statistics for ALTAGAS LTD. (ALA.TO), including valuation measures, fiscal year financial statistics, trading record, share statistics and more.