AltaGas Canada Inc (TSE:ACI) announced a quarterly dividend on Thursday, August 8th, Zacks reports. Stockholders of record on Friday, August 30th will be paid a dividend of 0.26 per share on Monday, September 30th. This represents a $1.04 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend is Thursday, August 29th.
Shares of AltaGas Canada stock opened at C$25.15 on Wednesday. The company has a 50 day moving average of C$25.81. AltaGas Canada has a 52 week low of C$14.06 and a 52 week high of C$27.60. The company has a debt-to-equity ratio of 104.23, a current ratio of 0.72 and a quick ratio of 0.57. The stock has a market capitalization of $749.10 million and a price-to-earnings ratio of 16.99.
AltaGas Canada (TSE:ACI) last posted its earnings results on Thursday, August 8th. The company reported C$0.13 EPS for the quarter, missing the Zacks’ consensus estimate of C$0.14 by C($0.01). The company had revenue of C$61.30 million for the quarter, compared to analysts’ expectations of C$61.65 million. As a group, sell-side analysts predict that AltaGas Canada will post 1.5300001 earnings per share for the current year.
About AltaGas Canada
AltaGas Canada Inc, a natural gas distribution utility company, provides rate-regulated utility services in northern British Columbia. It operates in Renewable Energy and Utilities segments. The company also holds interest in the Bear Mountain Wind Park, a 102 MW generating wind facility consisting of 34 turbines, a substation, and transmission and collector lines; and the northwest hydro facilities located in Tahltan first nation territory of Vancouver, British Columbia.
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