RE:RE:RE:New Press Release - Keyera Increases Quarterly Dividend By 4.2% And Announces Third Quarter DistributionTotally agree on the "management showing themselves ot be conservative" and even more importantly, that they are top-notch, It's really refreshing to see a CEO like Setoguchi with so many total twits (like Banskota at AQN (adious!!), Harris with ALA, Baile at IPL, Marino at BTE & VET, etc, etc).
I wondered how Setoguchi would do after replacing another top-notch guy like Smith. He has definitely done a great job and KEY is looking very good. The stock has been up and down between $28 and $34 a ton of times but I think this could be the one where it stays up above $32 and heads to $35-40.
It's also excellent to see the div increases starting again.
Ciao
Sarge
hawk35 wrote:
Hi JohnSP. Looks like quite a few people agree with you and were buying the last hour and a half. Volume was significantly under the average until the announcement came out. Volume quickly picked up and it closed above average. Will be interesting to get an update on KAPS tomorrow. Management must be pretty confident by announcing not just one divi increase but a return to regular divi increases. Management has shown themselves to be quite conservative so this bodes well for the outlook for the next few years.