Dec 10 (Reuters) - AltaGas Ltd ALA.TO :
* ALTAGAS PROVIDES UPDATE ON STRATEGIC PLAN, INTRODUCES 2021 FINANCIAL GUIDANCE AND INCREASES DIVIDEND BY 4%
* SEES 2021 NORMALIZED EPS OF $1.45 - $1.55 PER SHARE
* SEES 2021 NORMALIZED EBITDA OF $1.4 BILLION - $1.5 BILLION
* APPROXIMATELY 42 PERCENT OF 2021 NORMALIZED EBITDA IS EXPECTED TO BE GENERATED BY MIDSTREAM SEGMENT
* FY2021 EARNINGS PER SHARE VIEW C$1.47 -- REFINITIV IBES DATA
* 2021 CAPITAL EXPENDITURE PLAN OF APPROXIMATELY $910 MILLION, EXCLUDING ARO, IS HEAVILY WEIGHTED TOWARDS LOW-RISK UTILITIES BUSINESS
* ALTAGAS -ALLOCATING ABOUT 38% OF CONSOL 2021 CAPITAL TO ARPS IN UTILITIES BUSINESS, REPRESENTING ABOUT 46% OF TOTAL 2021 UTILITIES CAPITAL PROGRAM
* ALTAGAS - TO MAINTAIN SELF-FUNDING MODEL IN 2021, FUND CAPITAL REQUIREMENTS THROUGH INTERNALLY GENERATED CASH FLOWS,EXISTING FINANCIAL CAPACITY