AltaGas Ltd. Announces Monthly Dividend
CALGARY, Jan. 10, 2019 – AltaGas Ltd. (“AltaGas”) (TSX: ALA) announced today that the January dividend will be paid on February 15, 2019, to common shareholders of record on January 25, 2019. The ex-dividend date is January 24, 2019. The amount of the dividend will be $0.08 for each common share. This dividend is an eligible dividend for Canadian income tax purposes.
AltaGas has a Premium Dividend™, Dividend Reinvestment and Optional Cash Purchase Plan (the “Plan”) for eligible shareholders of AltaGas. Eligible shareholders who are enrolled in the Plan may have their common share dividends reinvested towards the purchase of additional common shares of AltaGas at a three percent discount to the Average Market Price (as defined by the Plan) under the Dividend Reinvestment Component of the Plan. On October 30, 2018 AltaGas’ Board of Directors announced the suspension of the Premium Dividend™ Component of the Plan effective December 18, 2018. A complete copy of the Plan, together with a series of questions and answers and enrollment forms, are posted on AltaGas’ website at www.altagas.ca.
Participation in the Plan is optional. Eligible shareholders who have not elected to participate in the Plan will continue to receive their regular cash dividend in the usual manner.
AltaGas is an energy infrastructure company with a focus on midstream, regulated utilities and power. AltaGas creates value by growing and optimizing its energy infrastructure, including a focus on clean energy sources. For more information visit: www.altagas.ca.