Keyera Corp. announced 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."
