Q: Hello team -
A recent BNN guest has a sell recommendation on Altagas, with the comment about the company having to borrow to pay the dividend (if I recall correctly).
I know that you seem to be comfortable with their ability to pay the dividend, and that the WGL acquisition will support future dividend growth. Will this support happen soon or a few years from now? I was also wondering if an increase in interest rates would affect their ability to pay the dividend.
Thanks.
Jim
A recent BNN guest has a sell recommendation on Altagas, with the comment about the company having to borrow to pay the dividend (if I recall correctly).
I know that you seem to be comfortable with their ability to pay the dividend, and that the WGL acquisition will support future dividend growth. Will this support happen soon or a few years from now? I was also wondering if an increase in interest rates would affect their ability to pay the dividend.
Thanks.
Jim