Keyera Corp (TSE:KEY) announced a monthly dividend on Monday, April 22nd, TickerTech reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.15 per share on Wednesday, May 15th. This represents a $1.80 annualized dividend and a dividend yield of 5.57%. The ex-dividend date is Monday, April 22nd.
Shares of TSE KEY opened at C$32.30 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.57 and a debt-to-equity ratio of 85.51. Keyera has a fifty-two week low of C$24.05 and a fifty-two week high of C$38.91. The stock has a market cap of $6.88 billion and a PE ratio of 17.00.
Keyera (TSE:KEY) last issued its earnings results on Thursday, February 21st. The company reported C$0.79 earnings per share for the quarter, topping the consensus estimate of C$0.40 by C$0.39. The business had revenue of C$1.22 billion for the quarter, compared to analyst estimates of C$1.27 billion. Equities analysts forecast that Keyera will post 1.82000012633407 EPS for the current year.
Several research analysts have commented on KEY shares. Raymond James reaffirmed an “outperform” rating and set a C$39.00 price target on shares of Keyera in a research report on Friday, February 22nd. National Bank Financial lifted their price target on Keyera from C$40.00 to C$42.00 and gave the stock an “outperform” rating in a research report on Thursday, March 21st. CIBC cut their price target on Keyera from C$45.00 to C$42.00 in a research report on Wednesday, December 19th. Cormark cut their price target on Keyera from C$45.00 to C$40.00 in a research report on Tuesday, February 12th. Finally, AltaCorp Capital reaffirmed an “outperform” rating on shares of Keyera in a research report on Wednesday, February 13th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of C$40.33.
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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 Gathering and Processing business units operates a network of approximately 4,000 kilometers of pipelines and 17 natural gas processing plants located in the natural gas production areas primarily on the western side of the Western Canada Sedimentary Basin.
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