This company listing is no longer active
This company may still be operating, however this listing is no longer active. Find out why through their latest events.
AltaGas Dividend
Dividend criteria checks 1/6
AltaGas is a dividend paying company with a current yield of 4.76%.
Key information
4.8%
Dividend yield
155%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.67 |
| Dividend yield forecast | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALA.PRU's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALA.PRU's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| AltaGas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALA.PRU) | 4.8% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Gas Utilities) | 3.6% |
| Analyst forecast (ALA.PRU) (up to 3 years) | 5.0% |
Notable Dividend: ALA.PRU's dividend (4.76%) is higher than the bottom 25% of dividend payers in the Canadian market (2.06%).
High Dividend: ALA.PRU's dividend (4.76%) is low compared to the top 25% of dividend payers in the Canadian market (6.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (155.1%), ALA.PRU's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALA.PRU is paying a dividend but the company has no free cash flows.