AltaGas’s Preferred Shares, Series A Crosses Above 4% Yield Territory

From Nasdaq: 2025-04-17 14:30:00

Shares of AltaGas Ltd’s Cumulative Redeemable 5-Year Rate Reset Preferred Shares, Series A (TSX: ALA-PRA.TO) were yielding above 4% with a quarterly dividend of $0.765. The shares traded at a 20.48% discount to their liquidation preference. The preferred shares are convertible. In trading, ALA.PRA was down 0.3% while common shares (TSX: ALA.TO) were up 0.8%. This news highlights the performance and dividend history of AltaGas Ltd’s preferred shares.

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