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Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 16:00):

Stats
Today's Volume	585 106
Average Volume	840 400
Market Cap	8.49B
EPS	$0 ( 2024-04-24 )
Next earnings date	( $1.040 ) 2024-05-01
Last Dividend	$0.280 ( 2023-09-14 )
Next Dividend	$0 ( N/A )
P/E	13.33
ATR14	$0.0110 (0.04%)

Volume Correlation

Long: 0.49 (neutral)

Short: 0.19 (neutral)

Signal:(64.709) Neutral

AltaGas Ltd Correlation

10 Most Positive Correlations
BDGI.TO	0.847
FFH.TO	0.833
ONEX.TO	0.821
BDT.TO	0.818
SES.TO	0.814
LAS-A.TO	0.81
TUSB.TO	0.804

10 Most Negative Correlations
CGO.TO	-0.836
EXN.TO	-0.816

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

AltaGas Ltd Correlation - Currency/Commodity

-0.40
( neutral )

0.14
( neutral )

0.00
( neutral )

0.17
( neutral )

0.00
( neutral )

0.24
( neutral )

AltaGas Ltd Financials

Annual	2023
Revenue:	$12.90B
Gross Profit:	$2.26B (17.55 %)
EPS:	$2.27

FY	2023
Revenue:	$12.90B
Gross Profit:	$2.26B (17.55 %)
EPS:	$2.27

FY	2022
Revenue:	$14.09B
Gross Profit:	$2.95B (20.93 %)
EPS:	$1.420

FY	2021
Revenue:	$0.00
Gross Profit:	$0.00 (0.00 %)
EPS:	$0.820

Financial Reports:

No articles found.

AltaGas Ltd Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.265 (N/A)	$0.265 (N/A)	$0.280 (N/A)	$0.280 (N/A)	$0.280 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)	$0 (N/A)

AltaGas Ltd Dividend Information - Dividend King

Dividend Sustainability Score: 8.69 - good (86.85%) | Divividend Growth Potential Score: 4.56 - Stable (8.90%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.110	2010-07-22
Last Dividend	$0.280	2023-09-14
Next Dividend	$0	N/A
Payout Date	2023-09-29
Next Payout Date	N/A
# dividends	145	--
Total Paid Out	$19.52	--
Avg. Dividend % Per Year	2.78%	--
Score	5.6	--
Div. Sustainability Score	8.69
Div.Growth Potential Score	4.56
Div. Directional Score	6.62	--

Next Divdend (Est)
(2024-07-01)

$0.286 Estimate 22.22 %

Dividend Stability

0.59 Average

Dividend Score

5.60

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
2010	$0	0.00%
2011	$0	0.00%
2012	$0	0.00%
2013	$0	0.00%
2014	$0	0.00%
2015	$0	0.00%
2016	$0	0.00%
2017	$0	0.00%
2018	$2.09	9.35%
2019	$0.960	6.90%
2020	$0.963	4.90%
2021	$0.996	5.31%
2022	$1.060	3.94%
2023	$0.840	3.58%
2024	$0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for TSX

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
VIU.TO	Dividend Junior	2023-06-30	Quarterly	9	1.42%
NEO.TO	Dividend Knight	2023-06-19	Quarterly	7	1.55%
DRM.TO	Dividend Junior	2023-09-14	Quarterly	6	1.12%
ZDH.TO	Dividend Knight	2023-08-29	Monthly	10	2.37%
SJ.TO	Dividend Knight	2023-09-01	Quarterly	26	1.08%
HMMJ.TO	Dividend Junior	2023-06-29	Semi-Annually	8	1.15%
BTB-UN.TO	Dividend King	2023-09-28	Monthly	13	4.52%
XCG.TO	Dividend Junior	2023-09-25	Quarterly	19	0.97%
PET.TO	Dividend Knight	2023-08-30	Quarterly	4	0.38%
EQB.TO	Dividend King	2023-09-14	Quarterly	21	1.13%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0514	1.500	8.97	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0287	1.200	9.04	10.00	[0 - 0.3]
returnOnEquityTTM	0.0870	1.500	-0.144	-0.216	[0.1 - 1]
payoutRatioTTM	0.510	-1.000	4.90	-4.90	[0 - 1]
currentRatioTTM	0.892	0.800	-0.539	-0.431	[1 - 3]
quickRatioTTM	0.570	0.800	-1.352	-1.082	[0.8 - 2.5]
cashRatioTTM	0.0287	1.500	-0.952	-1.427	[0.2 - 2]
debtRatioTTM	0.405	-1.500	3.25	-4.88	[0 - 0.6]
interestCoverageTTM	3.48	1.000	9.82	9.82	[3 - 30]
operatingCashFlowPerShareTTM	3.96	2.00	8.68	10.00	[0 - 30]
freeCashFlowPerShareTTM	0.629	2.00	9.69	10.00	[0 - 20]
debtEquityRatioTTM	1.232	-1.500	5.07	-7.61	[0 - 2.5]
grossProfitMarginTTM	0.219	1.000	9.68	9.68	[0.2 - 0.8]
operatingProfitMarginTTM	0.106	1.000	9.87	9.87	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.118	1.000	-0.456	-0.456	[0.2 - 2]
assetTurnoverTTM	0.558	0.800	9.61	7.69	[0.5 - 2]
Total Score				8.69

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	12.71	1.000	8.82	0	[1 - 100]
returnOnEquityTTM	0.0870	2.50	-0.0927	-0.216	[0.1 - 1.5]
freeCashFlowPerShareTTM	0.629	2.00	9.79	10.00	[0 - 30]
dividendYielPercentageTTM	3.76	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	3.96	2.00	8.68	10.00	[0 - 30]
payoutRatioTTM	0.510	1.500	4.90	-4.90	[0 - 1]
pegRatioTTM	0.497	1.500	-0.0194	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0856	1.000	-0.359	0	[0.1 - 0.5]
Total Score				4.56

AltaGas Ltd

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.

Realtime updates for AltaGas Ltd [ALA.TO]

Upcoming Earnings Alert

AltaGas Ltd Dividend Information - Dividend King

Dividend Commentary

Top 10 dividend Companies for TSX

Dividend Sustainability Score (DSS)

Dividend Growth Score (DGS)