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AltaGas (ALA) Dividend Yield, Date & History

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C$32.57 +0.17 (+0.52%)
(As of 12/20/2024 05:17 PM ET)

AltaGas Dividend Summary

Dividend Yield
3.65%
Annual Dividend
C$1.19
Next
Dividend Payment
Dec. 31
Dividend Payout Ratio
82.07%

AltaGas (ALA) pays an annual dividend of C$1.19 per share, with a dividend yield of 3.65%. The next payment of C$0.30 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Monday, December 16. The company currently pays out 82.07% of its earnings and 190.86% of its cash flow as dividends.

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ALA Dividend Payments by Quarter

The chart below displays up to four years of AltaGas' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ALA Dividend Yield Over Time

The chart below tracks AltaGas' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

AltaGas vs. The Competition

Compare AltaGas' annual dividend, yield, and 3-year growth rate with averages for Energy and TSE companies to evaluate its performance against the market.

TypeAltaGasEnergy CompaniesTSE Companies
Annual DividendC$1.19C$0.10C$1.07
Dividend Yield3.65%7.21%5.43%

AltaGas Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings82.07%
Based on This Year's Estimate51.73%
Based on Cashflow190.86%

AltaGas Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/16/2024Quarterly$0.2980 - 3.58%12/16/202412/31/202412/31/2024
9/16/2024Quarterly$0.2980 - 3.54%9/16/20249/27/20249/27/2024
6/14/2024Quarterly$0.2980 - 3.92%6/14/20246/28/20246/28/2024
3/14/2024Quarterly$0.2980+$0.0180
6.43%
4.4%3/14/20243/28/20243/28/2024
12/14/2023Quarterly$0.28 - 4.14%12/14/202312/29/202312/29/2023
9/14/2023Quarterly$0.28 - 4.32%9/14/20239/29/20239/29/2023
6/15/2023Quarterly$0.28 - 4.81%6/15/20236/30/20236/30/2023
3/15/2023Quarterly$0.28+$0.0150
5.66%
4.84%3/15/20233/31/20233/31/2023

This table shows AltaGas' dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

AltaGas Dividend - Frequently Asked Questions

The current dividend yield for AltaGas is 3.65%. Learn more on ALA's dividend yield history.

The annual dividend for ALA shares is C$1.19. Learn more on ALA's annual dividend history.

AltaGas pays quarterly dividends to shareholders.

AltaGas's next quarterly dividend payment of C$0.30 per share will be made to shareholders on Tuesday, December 31, 2024.

AltaGas's most recent quarterly dividend payment of C$0.30 per share was made to shareholders on Friday, September 27, 2024.

AltaGas's most recent ex-dividend date was Monday, December 16, 2024.

The most recent change in the company's dividend was an increase of C$0.02 on Thursday, March 14, 2024.

The dividend payout ratio for ALA is:
  • 82.07% based on the trailing year of earnings
  • 51.73% based on this year's estimates
  • 190.86% based on cash flow

AltaGas' dividend yield of 3.51% is lower than the average Energy company that issues a dividend. AltaGas' dividend payout ratio of 82.07% may not be sustainable.

Looking at the stock as a whole, market analysts rate AltaGas stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:ALA) was last updated on 12/21/2024 by MarketBeat.com Staff
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