|Bid||19.88 x 0|
|Ask||19.91 x 0|
|Day's Range||19.88 - 20.01|
|52 Week Range||13.25 - 20.87|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||5.24|
|Earnings Date||Feb. 25, 2020 - Mar. 01, 2020|
|Forward Dividend & Yield||0.96 (4.81%)|
|Ex-Dividend Date||Jan. 23, 2020|
|1y Target Est||22.29|
There are a number of quality stocks investors can consider when looking to invest their new 2020 contribution room. Consider a defensive stock with growth opportunities like Dollarama Inc (TSX:DOL).
A triple threat is a stock that pays an attractive dividend, has high-potential growth opportunities, and is trading undervalued, such as a company like AltaGas Ltd (TSX:ALA).
CALGARY , Jan. 10, 2020 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX: ALA) announced today that the January dividend will be paid on February 17, 2020 , to common shareholders of record on January 27, ...
CALGARY , Jan. 8, 2020 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) announces the appointment of two new Independent Directors – Linda Sullivan and Nancy Tower to its Board of Directors effective today. In addition, AltaGas announces the retirement of Daryl Gilbert from the Board to be effective following the conclusion of AltaGas' next annual meeting of shareholders to be held in May this year. Following Mr. Gilbert's planned retirement, AltaGas' Board will once again be comprised of 11 directors with complementary expertise to support AltaGas' business.
Altagas Ltd. (TSX:ALA) checks all the boxes in its 2020 guidance release, and as the company works to restore investor confidence, Altagas stock soars 11.4% in December and 42% in the full year of 2019.
CALGARY — AltaGas Ltd. says it may be forced to increase its ownership share in Petrogas Energy Corp., an oil and gas liquids handling firm that owns and operates a propane export terminal in Washington state.The Calgary-based utility, power and pipeline company says privately held SAM Holdings Ltd. has given notice it will exercise an option that requires an AltaGas-led joint venture to buy SAM's remaining one-third share in Petrogas at fair market value.In a news release, AltaGas says it and its joint venture partner, Tokyo-based Idemitsu Kosan Co., Ltd., are evaluating the notice.The company says it would expect to fund its portion of the obligation with internal cash flow, the sale of non-core assets and debt.AltaGas bought its current one-third interest in Petrogas from SAM for about $440 million in 2013 as part of the transaction that allowed Idemitsu to also acquire a one-third share.The AltaGas-Idemitsu joint venture was formed earlier in 2013 in part to pursue liquefied natural gas export opportunities but shelved its proposed Douglas Channel LNG and Triton LNG projects in B.C. a few years later because of weak market conditions.This report by The Canadian Press was first published Jan. 2, 2020.Companies in this story: (TSX:ALA)The Canadian Press
CALGARY , Jan. 2, 2020 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) advises that AltaGas Idemitsu Joint Venture Limited Partnership (AIJV) has received notice (the Put Notice) from SAM Holdings Ltd. (SAM) of its exercise of a put option (the Put Option) with respect to SAM's approximately 1/3 interest in Petrogas Energy Corp. (Petrogas). AIJV, a limited partnership owned 50 percent by AltaGas and 50 percent by Idemitsu Kosan Co., Ltd. (Idemitsu), owns the other approximately 2/3 of the outstanding common shares of Petrogas.
Corus Entertainment Inc (TSX:CJR.B) and this other stock are significantly undervalued and could be great buys in 2020.
AltaGas stock, Exchange Income stock, and Computer Modelling stock are good investment prospects for TFSA users. These stocks can deliver up to 5% dividend yields in 2020.
Utilities will continue to be a hot sector in 2019, so consider adding AltaGas Ltd (TSX:ALA), a top growth stock in this sector, or one other more stable, income-generator.
The opportunities AltaGas Ltd (TSX:ALA) pursues often align with a long-term strategy and provide ongoing organic growth potential, favourable risk profiles, and strong risk-adjusted returns.
AltaGas Announces 2020 Guidance, Suspension of its Dividend Reinvestment Program, and Provides an Update on its 2020 Strategic Plan
CALGARY, Dec. 16, 2019 /CNW/ - AltaGas Ltd. ("AltaGas") (TSX:ALA.TO - News) today announced that it has completed its aggregate issue of $500 million of senior unsecured medium term notes (the "Notes") with a coupon rate of 2.609 percent, maturing on December 16, 2022 (the "Offering"). The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facility and for general corporate purposes. As a result, AltaGas expects that the Offering will be leverage neutral.
CALGARY , Dec. 12, 2019 /CNW/ - AltaGas Ltd. ("AltaGas") (ALA.TO) today announced that it has agreed to issue $500 million of senior unsecured medium-term notes (the "Notes") with a coupon rate of 2.609 percent, maturing on December 16, 2022 (the "Offering"). The Offering is expected to close on or about December 16, 2019 . The net proceeds resulting from the Offering will be used to pay down existing indebtedness under AltaGas' credit facility and for general corporate purposes.
CALGARY , Dec. 11, 2019 /CNW/ - AltaGas Ltd. (AltaGas) (ALA.TO) today released its inaugural Environmental, Social & Governance (ESG) Report, highlighting the company's 2018 performance in several key areas relevant to the long-term sustainability of its business, and demonstrating its ongoing commitment to transparency. "Through investment, innovation and strong partnerships, we are delivering affordable and efficient energy solutions that help address the world's complex energy challenges," said Randy Crawford , President and Chief Executive Officer, AltaGas.