AltaGas (TSE:ALA) has released an update.
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AltaGas Ltd. announced it won’t redeem its Series G or H Preferred Shares on the upcoming conversion date, allowing holders to convert between the two series. Shareholders of Series G can expect a new annual dividend rate of 3.025%, while Series H holders will receive a quarterly floating rate starting at 4.205%.
For further insights into TSE:ALA stock, check out TipRanks’ Stock Analysis page.
