Keyera's dividend policy is intended to provide shareholders with relatively stable and predictable monthly dividends, while retaining a portion of cash flow to fund ongoing growth projects.
The amount of dividends to be paid on the common shares, if any, is subject to the discretion of the Board of Directors and may vary depending on a variety of factors. In determining the level of dividends to be declared each month, the Board of Directors takes into consideration such factors as current and expected future levels of distributable cash flow (including income tax), capital expenditures, borrowings and debt repayments, changes in working capital requirements and other factors.
Keyera's general practice is to pay these dividends on the closest business day to the 15th of each calendar month to Shareholders of record as of the dividend record date, which was usually 20 to 26 days prior to the payment date.
Although Keyera intends to continue to make regular monthly dividends to shareholders, dividends are not guaranteed. For further information on Keyera's dividend and the risk factors associated with them, please refer to Keyera's publicly filed documents, which can be found under Reports and Filings on this website and on SEDAR.
2020 Dividends
|
Ex-dividend Date
|
Record Date
|
Payment Date
|
Dividend
Amount*
(Cdn $/share)
|
|
January 21
|
January 22
|
February 18
|
0.16
|
|
February 24
|
February 25
|
March 16
|
0.16
|
|
March 20
|
March 23
|
April 15
|
0.16
|
|
April 21
|
April 22
|
May 15
|
0.16
|
|
May 21
|
May 22
|
June 17
|
0.16
|
|
June 19
|
June 22
|
July 15
|
0.16
|
|
July 21
|
July 22
|
August 17
|
0.16
|
|
August 21
|
August 24
|
September 16
|
0.16
|
|
September 21
|
September 22
|
October 15
|
0.16
|
|
October 21
|
October 22
|
November 16
|
0.16
|
|
November 20
|
November 23
|
December 15
|
0.16
|
|
2020 Monthly Cash Dividends Declared to Date*
|
$1.76
|
2019 Dividends
|
Ex-dividend Date
|
Record Date
|
Payment Date
|
Dividend
Amount*
(Cdn $/share)
|
|
January 21
|
January 22
|
February 15
|
0.15
|
February 22
|
February 25
|
March 15
|
0.15
|
|
March 21
|
March 22
|
April 15
|
0.15
|
|
April 22
|
April 23
|
May 15
|
0.15
|
|
May 22
|
May 23
|
June 17
|
0.15
|
|
June 21
|
June 24
|
July 15
|
0.15
|
|
July 19
|
July 22
|
August 15
|
0.15
|
|
August 21
|
August 22
|
September 16
|
0.16
|
|
September 20
|
September 23
|
October 15
|
0.16
|
|
October 21
|
October 22
|
November 15
|
0.16
|
|
November 21
|
November 22
|
December 16
|
0.16
|
|
December 20
|
December 23
|
January 15
|
0.16
|
|
2019 Monthly Cash Dividends Declared*
|
$1.85
|
*Adjusted to reflect Keyera's two-for-one split of its outstanding common shares effective April 1, 2015.
Although Keyera intends to continue to make regular monthly dividends to shareholders, dividends are not guaranteed. For further information on Keyera's dividend and the risk factors associated with them, please refer to Keyera's publicly filed documents, which can be found under Reports and Filings on this website and on SEDAR.