About AltaGas Ltd. (ATGFF) — Dividend Analysis 2026
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. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and extraction business; fractionation and liquids handling business; and natural gas and natural gas liquids marketing activities. It also engages in LPG exports and distribution, logistics, trucking and rail terminals, and liquid storage businesses. In addition, the company operates gas-fired power generation and distribution assets with a generating capacity of 578 MW of power in California and Colorado. It serves residential, commercial, and industrial customers primarily in the Western Canada Sedimentary Basin. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada.
Is ATGFF a good dividend investment in 2026?
ATGFF offers a 2.70% forward yield with a 50% payout ratio. Strand Safety Score: 45/100 (Moderate Risk). The 5-year dividend CAGR of 10.6% demonstrates strong, consistent growth that outpaces inflation.
ATGFF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your ATGFF portfolio grows to $10.59M vs $10.24M without reinvestment. This is the compound interest effect in action.
ATGFF dividend growth history & forecast
ATGFF has grown its dividend by 0% over the last year and 10.6% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 2.70%.
Company generates negative FCF ($-344M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.8B → +0.6B → +0.7B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
45
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 ATGFF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ATGFF.
Gross yield
2.70%
Tax rate
15.00%
After-tax yield
2.29%
Real yield (−CPI)
-0.50%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2.70%
-0.10%
$270 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.29%
-0.50%
$229 / yr
🇺🇸 US Taxable (20%)
20%
2.16%
-0.64%
$216 / yr
🇬🇧 UK ISA
0%
2.70%
-0.10%
$270 / yr
🇬🇧 UK Taxable
8.75%
2.46%
-0.34%
$246 / yr
🇨🇦 TFSA
0%
2.70%
-0.10%
$270 / yr
🇨🇦 CA Taxable
25%
2.03%
-0.77%
$203 / yr
🇦🇺 Super (pension)
15%
2.29%
-0.50%
$229 / yr
🇦🇺 AU Taxable
30%
1.89%
-0.91%
$189 / yr
🇩🇪 DE Taxable
26.375%
1.99%
-0.81%
$199 / yr
🇫🇷 FR Taxable
30%
1.89%
-0.91%
$189 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 ATGFF Income Goal & Break-Even
Dividend Break-Even
18yr
Years for dividends to fully repay your ATGFF investment of $34.57/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$1.8K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in ATGFF for:
Shares needed
30,234
Capital required
$1,045,189
Monthly income
$2,000
Based on current dividend of $0.93/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 ATGFF Dividend Payment Schedule
ATGFF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.98 / payment
$7.94 / year after tax
100 shares
$19.85 / payment
$79.38 / year after tax
1,000 shares
$198.46 / payment
$793.83 / year after tax
📊 ATGFF vs Utilities Benchmarks
How ATGFF compares to typical Utilities averages.
Benchmark: Utilities
Dividend Yield▼-1.10% vs sectorBelow avg
ATGFF
2.70%
avg
3.80%
5Y Dividend CAGR▲+5.50% vs sectorBetter
ATGFF
10.60%
avg
5.10%
Payout Ratio▲-18.00% vs sectorBetter
ATGFF
50.00%
avg
68.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ATGFF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ ATGFF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
1.13
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ATGFF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →