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Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength
ALA.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
ALA.TO's dividend payments have increased by 30.041% annually over the last 5 years.
ALA.TO's earnings have shown very poor growth, shrinking by -4.188% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
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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...
Dividend Payment
ALA.TO paid out 55.05% of its $673M earnings as dividends over the last 12 months.
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ALA.TO's Dividend Payout Ratio of 55.05% is considered safe for the Utilities sector, indicating that the company retains enough earnings to support business growth.
ALA.TO's Interest Coverage Ratio of 2.706 indicates strong financial health with easy coverage of interest expenses.
ALA.TO shows excellent income quality with a ratio of 1.666. This indicates high-quality earnings and low risk of dividend cuts.
AltaGas Ltd.(ALA.TO) offers a dividend yield of 3.37% and pays $1.16 in dividends per share. Explore the historical dividend growth of ALA.TO.
ALA.TO has shown inconsistent dividend payments over the past 10 years with 1 cuts over 5%.
ALA.TO's dividend payments have increased by 30.041% annually over the last 5 years.
ALA.TO's earnings have shown very poor growth, shrinking by -4.188% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
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Profit margin ratio of ALA.TO (0.175) is lower than the average of its peers (0.363).
Net profit margin ratio of ALA.TO (0.052) is lower than the average of its peers (0.124).
See how efficiently ALA.TO generates profit for it's shareholders.
8.73%
Poor
Average
Strong
Return on Equity ratio of ALA.TO (0.087) is lower than the average of its peers (0.091).
ALA.TO's Return on Equity has grown modestly over the past 10 years, increasing by only 9.03%.
See how ALA.TO has grown it's revenue over the past 10 years.
ALA.TO's revenue has grown significantly over the past 10 years, increasing by over 18.29%.