Keyera Corp Declares Monthly Dividend of $0.15 (KEY)

Keyera Corp (TSE:KEY) declared a monthly dividend on Friday, September 21st, TickerTech reports. Investors of record on Monday, October 15th will be given a dividend of 0.15 per share on Monday, October 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date of this dividend is Friday, September 21st.

Shares of KEY stock traded up C$0.03 during trading on Monday, reaching C$34.59. 376,800 shares of the company’s stock were exchanged, compared to its average volume of 506,977. Keyera has a twelve month low of C$31.20 and a twelve month high of C$39.31.

Keyera (TSE:KEY) last issued its quarterly earnings data on Wednesday, August 8th. The company reported C$0.52 EPS for the quarter, beating analysts’ consensus estimates of C$0.37 by C$0.15. The firm had revenue of C$1.08 billion for the quarter, compared to analyst estimates of C$972.50 million. Keyera had a return on equity of 15.95% and a net margin of 8.57%.

In other Keyera news, insider Michael Andrew Freeman sold 3,200 shares of the stock in a transaction dated Tuesday, August 21st. The stock was sold at an average price of C$37.23, for a total value of C$119,136.00.

Several analysts have recently issued reports on KEY shares. Raymond James increased their target price on Keyera from C$42.00 to C$43.00 in a report on Friday. BMO Capital Markets increased their target price on Keyera from C$41.00 to C$43.00 in a report on Tuesday, September 11th. Finally, GMP Securities upped their price objective on Keyera from C$40.25 to C$41.00 in a research report on Wednesday, June 20th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$43.30.

Keyera Company Profile

Keyera Corp. engages in the transportation, storage, and marketing of natural gas liquids (NGLs) and iso-octane in Canada and the United States. The company's Marketing segment is involved in the marketing of NGLs, such as propane, butane, condensate, sulphur, and iso-octane, as well as various crude oil midstream activities.

See Also: Marijuana Stocks

Dividend History for Keyera (TSE:KEY)

Receive News & Ratings for Keyera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyera and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply