Le Lézard
Classified in: Oil industry, Business
Subject: DIV

AltaGas Ltd. Announces Monthly Dividend


CALGARY, Jan. 10, 2019 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) announced today that the January dividend will be paid on February 15, 2019, to common shareholders of record on January 25, 2019. The ex-dividend date is January 24, 2019. The amount of the dividend will be $0.08 for each common share. This dividend is an eligible dividend for Canadian income tax purposes.

AltaGas has a Premium Dividendtm, Dividend Reinvestment and Optional Cash Purchase Plan (the "Plan") for eligible shareholders of AltaGas. Eligible shareholders who are enrolled in the Plan may have their common share dividends reinvested towards the purchase of additional common shares of AltaGas at a three percent discount to the Average Market Price (as defined by the Plan) under the Dividend Reinvestment Component of the Plan. On October 30, 2018 AltaGas' Board of Directors announced the suspension of the Premium Dividendtm Component of the Plan effective December 18, 2018. A complete copy of the Plan, together with a series of questions and answers and enrollment forms, are posted on AltaGas' website at www.altagas.ca.

Participation in the Plan is optional. Eligible shareholders who have not elected to participate in the Plan will continue to receive their regular cash dividend in the usual manner.

AltaGas is an energy infrastructure company with a focus on midstream, regulated utilities and power. AltaGas creates value by growing and optimizing its energy infrastructure, including a focus on clean energy sources. For more information visit: www.altagas.ca.

This news release contains forward-looking statements. When used in this news release, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to AltaGas or an affiliate of AltaGas, are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, the payment of dividends and the ability to reinvest dividends under the Plan. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such statements reflect AltaGas' current views with respect to future events based on certain material factors and assumptions and are subject to certain risks and uncertainties, including without limitation, changes in market competition, governmental or regulatory developments, general economic conditions and other factors set out in AltaGas' public disclosure documents. Many factors could cause AltaGas' actual results, performance or achievements to vary from those described in this news release, including without limitation those listed above. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, sought, proposed, estimated or expected, and such forward-looking statements included in, or incorporated by reference in this news release, should not be unduly relied upon. Such statements speak only as of the date of this news release. AltaGas does not intend, and does not assume any obligation, to update these forward-looking statements. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SOURCE AltaGas Ltd.


These press releases may also interest you

at 16:30
Peabody today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024, which disclosed that current members of Peabody's Board of Directors Samantha B. Algaze and David J. Miller have determined that they will...

at 16:15
Quanta Services, Inc. announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on April 17, 2024, to...

at 16:15
ONEOK, Inc. will release first quarter 2024 earnings after the market closes on April 30, 2024. ONEOK's executive management will participate in a conference call the following day.      What:              ONEOK first quarter 2024 earnings...

at 16:08
Company successfully executed and closed $150 million tax exempt bond offering for the Company's Kentucky Lithium refining facilityThe first domestic, commercial producer of separated and high-purity REEs from recycled permanent magnets and...

at 16:05
Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) , a leading global solar project developer, owner, and operator, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Emeren's...

at 16:05
Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") will release its 2024 first quarter operating and condensed financial results on Wednesday, May 1, 2024 after the close of North American markets. The unaudited interim...



News published on and distributed by: