Keyera Corp. (KEY) To Go Ex-Dividend on March 17th

Keyera Corp. (TSE:KEY) declared a quarterly dividend on Monday, March 17th, TickerTech Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.52 per share on Monday, March 31st. This represents a $2.08 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Monday, March 17th.

Keyera Price Performance

TSE:KEY opened at C$42.76 on Friday. The firm has a market cap of C$9.85 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 1.35 and a beta of 2.09. Keyera has a 12 month low of C$33.37 and a 12 month high of C$47.90. The company has a quick ratio of 0.57, a current ratio of 1.31 and a debt-to-equity ratio of 137.59. The company’s 50-day moving average price is C$42.20 and its two-hundred day moving average price is C$42.89.

Analyst Ratings Changes

A number of brokerages have weighed in on KEY. ATB Capital boosted their target price on shares of Keyera from C$43.00 to C$44.00 in a research note on Friday, November 15th. Royal Bank of Canada boosted their target price on shares of Keyera from C$45.00 to C$46.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Scotiabank boosted their price target on shares of Keyera from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. National Bankshares boosted their price objective on shares of Keyera from C$38.00 to C$39.00 in a report on Friday, November 15th. Finally, TD Securities set a C$45.00 price objective on shares of Keyera and gave the company a “hold” rating in a report on Wednesday, January 15th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Keyera currently has a consensus rating of “Moderate Buy” and an average price target of C$44.77.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil.