Post by
Cheadle12 on Jan 12, 2022 1:21am
Straight up - PPL should acquire KEY.
No reason for Keyera to still exist given it's size and growth prospects.. Pembina was burnt on the IPL deal.. cut out of the deal at the last moment by Mark "Climate Crusader" Carney's Brookfield.
The .02c per month dividend increase promised to shareholders evaporated along with the deal.. so, does it make sense then to acquire Keyera.. mostly a stock deal and increase the dividend by .02c to reward loyal, income seeking Shareholders?
~The Great Cheadle.
Comment by
savyinvestor333 on Jan 12, 2022 6:18am
It was .01c a month and we got $300 million if I remember correctly
Comment by
Cheadle12 on Jan 12, 2022 9:43am
It was .01c per month, with another .01c per month later in the year.. double check it.. would have raised the div to .23c / month. Good to get the $300M, but where is / was the dividend raise? They could have paid it out as a special.. the dividend raises have been weak..
Comment by
autofocus111 on Jan 12, 2022 4:01pm
It's now approaching two years since PPL last bumped up the dividend. My other pipeline holdings ENB and TRP never stopped. PPL has definitely lost some shine since the VSN takeover.
Comment by
TheBridge on Jan 17, 2022 1:44pm
autofocus111, looks like your post spurred PPL into action. Good job!