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    Home ยป AltaGas raising quarterly dividend six per cent to 28 cents per share
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    AltaGas raising quarterly dividend six per cent to 28 cents per share

    yyctimesBy yyctimesDecember 5, 2022No Comments1 Min Read
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    AltaGas Ltd. increases its dividend by six percent.

    The energy infrastructure company says it will pay a quarterly dividend of 28 cents per share, up from 26.5 cents per share.

    The increased payout to shareholders came as AltaGas said it expects normalized earnings per share of $1.85 to $2.05 in 2023.

    The result was forecast along with expectations for normalized earnings before interest, taxes, depreciation and amortization of $1.5 billion to $1.6 billion next year.

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    AltaGas says its capital program for 2023 is expected to total about $930 million, excluding asset retirement obligations.

    The company also expects about $90 million of capital investments approved in 2022 to be spent in early 2023.

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