AltaGas Dividends and Buybacks
Dividend criteria checks 2/6
AltaGas is a dividend paying company with a current yield of 3.43% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
3.4%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | CA$1.190 |
| Payout ratio | 70% |
Recent dividend and buyback updates
AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975
May 07
AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Recent updates
AltaGas' (TSE:ALA) Problems Go Beyond Weak Profit
Nov 07Investors Appear Satisfied With AltaGas Ltd.'s (TSE:ALA) Prospects
Nov 05AltaGas (TSE:ALA) Has A Somewhat Strained Balance Sheet
Sep 29Is Now The Time To Look At Buying AltaGas Ltd. (TSE:ALA)?
Sep 10AltaGas (TSE:ALA) Hasn't Managed To Accelerate Its Returns
Aug 23What AltaGas Ltd.'s (TSE:ALA) P/E Is Not Telling You
Jul 26Here's Why AltaGas (TSE:ALA) Has Caught The Eye Of Investors
Jul 11Is AltaGas (TSE:ALA) A Risky Investment?
May 24AltaGas (TSE:ALA) Has Announced A Dividend Of CA$0.2975
May 07AltaGas Ltd.'s (TSE:ALA) Shareholders Might Be Looking For Exit
Apr 19Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Mar 29AltaGas (TSE:ALA) Strong Profits May Be Masking Some Underlying Issues
Mar 14AltaGas' (TSE:ALA) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 08Is Now The Time To Put AltaGas (TSE:ALA) On Your Watchlist?
Feb 28AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Feb 09AltaGas' (TSE:ALA) Upcoming Dividend Will Be Larger Than Last Year's
Jan 23Investors Still Waiting For A Pull Back In AltaGas Ltd. (TSE:ALA)
Jan 17AltaGas' (TSE:ALA) Dividend Will Be Increased To CA$0.2975
Dec 27AltaGas (TSE:ALA) Will Pay A Dividend Of CA$0.28
Dec 13Need To Know: Analysts Are Much More Bullish On AltaGas Ltd. (TSE:ALA) Revenues
Dec 07Here's Why We Think AltaGas (TSE:ALA) Might Deserve Your Attention Today
Nov 27Is AltaGas Ltd. (TSE:ALA) Potentially Undervalued?
Nov 09AltaGas (TSE:ALA) Seems To Be Using A Lot Of Debt
Sep 13Should You Be Adding AltaGas (TSE:ALA) To Your Watchlist Today?
Aug 23The AltaGas Ltd. (TSE:ALA) Analysts Have Been Trimming Their Sales Forecasts
Aug 01Is It Too Late To Consider Buying AltaGas Ltd. (TSE:ALA)?
Jul 20These 4 Measures Indicate That AltaGas (TSE:ALA) Is Using Debt In A Risky Way
Jun 14Is AltaGas Ltd. (TSE:ALA) Trading At A 46% Discount?
May 27AltaGas (TSE:ALA) Has Announced That It Will Be Increasing Its Dividend To CA$0.28
May 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALA's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALA's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| AltaGas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALA) | 3.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Gas Utilities) | 3.5% |
| Analyst forecast (ALA) (up to 3 years) | 3.8% |
Notable Dividend: ALA's dividend (3.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: ALA's dividend (3.43%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.4%), ALA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALA is paying a dividend but the company has no free cash flows.