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AltaGas raises dividend 6% to $0.33 per share, with Q4 earnings at C$0.77/share and revenue of C$3.29B.
AltaGas Ltd. announced a 6% increase in its quarterly dividend to $0.33 per share, payable March 31 to shareholders of record, with an ex-dividend date of March 16.
The company reported fourth-quarter adjusted earnings of C$0.77 per share and revenue of C$3.29 billion, achieving a 6.14% net margin and 8.74% return on equity.
Analysts forecast full-year earnings of C$2.30 per share, and the stock traded at C$48.44 with a market cap of C$15.07 billion.
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AltaGas eleva el dividendo un 6% a $ 0.33 por acción, con ganancias del cuarto trimestre de C $ 0.77 / acción y ingresos de C $ 3.29B.