BRIEF-AltaGas implements premium dividend, dividend reinvestment and optional common share purchase plan

Tue May 17, 2016 3:38pm EDT
 
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May 17 (Reuters) - AltaGas Ltd

* Implemented a premium dividend, dividend reinvestment and optional common share purchase plan

* Plan allows board to set discount under dividend reinvestment component of plan at rate between 0 and 5 percent to average market price

* Board of directors of altagas have set discount rate under dividend reinvestment component of plan at 3 percent to average market price Source text for Eikon: (Bengaluru Newsroom; +1 646 223 8780; )