Keyera Corp T.KEY

Alternate Symbol(s): KEYUF

Energy Oil & Gas Midstream

Keyera Corp. operates an integrated Canadian energy infrastructure business with interconnected assets and expertise in delivering energy solutions. The Company's 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 a condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Its segments include Gathering and Processing, Liquids Infrastructure and Marketing. Gathering and Processing segment owns and operates raw gas gathering pipelines and processing plants, which collect and process raw natural gas, remove waste products and separate the economic components, primarily natural gas liquids (NGLs). Liquids Infrastructure segment owns and operates a network of facilities for the gathering, processing, storage and transportation of the by-products of natural gas processing. Marketing segment is involved in the marketing of NGLs.

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Keyera Corp

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Comment by KnowledgeSeekr8on Oct 29, 2020 11:08pm

189 Views

Post# 31811038

RE:RE:RE:RE:One of the best dividend-paying stock

I don't think people understand how the yield percentage and the dividend payout ratio works.

This isn't risky because the yield has now went north of 10%
The payout ratio which is 51% is very safe by the description from last earnings release

"Given the resilience of our integrated business and the proactive steps we have taken to date, I am confident in Keyera’s future. We remain committed to generating value for our shareholders and plan on maintaining our current monthly dividend."

It also mentioned that they classified that 51% payout ratio as low...

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