AltaGas Sets New Dividend Rates for Preferred Shares

AltaGas (TSE:ALA) has released an update.

AltaGas Ltd. has announced the final pricing for their Series G and Series H preferred shares, setting a new fixed dividend rate for Series G and a floating rate for Series H, both effective from September 30, 2024. The fixed annual rate for Series G shares will be 6.017%, while Series H shareholders will receive a floating quarterly dividend rate starting at 7.265%. Shareholders have the option to convert their shares between the two series during a specified period.

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