CALGARY,
AB, Aug. 7, 2024 /CNW/ - Keyera Corp. (TSX:
KEY) ("Keyera") announced today it is increasing its quarterly cash
dividend per common share by 4% from $0.50 to $0.52, or
$2.08 annually. The dividend payment
for the third quarter of 2024 will be $0.52 per common share and will be payable on
September 27, 2024, to shareholders
of record on September 13, 2024. The
ex-dividend date is September 13,
2024. This dividend is an eligible dividend for the purposes
of the Income Tax Act (Canada).
For non-resident shareholders, Keyera's dividends are subject to
Canadian withholding tax.
"I'm pleased to announce that Keyera continues to deliver on its
long history of sustainable dividend growth" said Dean Setoguchi, President and CEO. "This is
supported by the continued growth in stable cash flows from our
fee-for-service business and a conservative payout ratio."
About Keyera Corp.
Keyera Corp. (TSX:KEY) operates an integrated Canadian-based
energy infrastructure business with extensive interconnected assets
and depth of expertise in delivering energy solutions. Its
predominantly fee-for-service based business consists of natural
gas gathering and processing; natural gas liquids processing,
transportation, storage and marketing; iso-octane production and
sales; and an industry-leading condensate system in the
Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high
quality, value-added services to its customers across North America and is committed to conducting
its business ethically, safely and in an environmentally and
financially responsible manner.
Additional Information
For more information about Keyera Corp., please visit our
website at www.keyera.com or contact:
Dan Cuthbertson, Director,
Investor Relations
Rahul Pandey, Senior Advisor,
Investor Relations
Email: ir@keyera.com Telephone: 403.205.7670
Toll free: 1.888.699.4853
For media inquiries, please contact:
Amanda Condie, Manager, Corporate
Communications
Email: media@keyera.com
Telephone: 1.855.797.0036
SOURCE Keyera Corp.