AltaGas Canada Inc (TSE:ACI) declared a quarterly dividend on Thursday, November 28th, TickerTech reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.26 per share on Tuesday, December 31st. This represents a $1.04 annualized dividend and a yield of 3.10%. The ex-dividend date is Thursday, November 28th.
Shares of TSE ACI traded down C$0.08 during mid-day trading on Wednesday, reaching C$33.59. 32,862 shares of the company’s stock were exchanged, compared to its average volume of 77,352. The firm has a market cap of $1.00 billion and a price-to-earnings ratio of 21.55. AltaGas Canada has a 52 week low of C$14.26 and a 52 week high of C$34.42. The company has a quick ratio of 0.45, a current ratio of 0.55 and a debt-to-equity ratio of 107.34. The stock has a 50-day moving average price of C$31.05.
AltaGas Canada (TSE:ACI) last released its earnings results on Thursday, November 7th. The company reported C$0.08 EPS for the quarter, topping the Zacks’ consensus estimate of C$0.03 by C$0.05. The business had revenue of C$45.20 million for the quarter, compared to the consensus estimate of C$46.30 million. On average, analysts expect that AltaGas Canada will post 1.52 earnings per share for the current fiscal year.
AltaGas Canada Company Profile
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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