Keyera Announces Dividend Increase and August 2019 Dividend

CALGARY, Aug. 6, 2019 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") announced today that it is increasing its monthly cash dividend by 7% from 15.00 cents per common share to 16.00 cents per common share, or $1.92 per common share annually.  The dividend will be effective with the August dividend payable on September 16, 2019, to shareholders of record on August 22, 2019. The ex-dividend date is August 21, 2019. 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.

About Keyera Corp.

Keyera Corp. (TSX:KEY) operates an integrated Canadian-based midstream business with extensive interconnected assets and depth of expertise in delivering midstream energy solutions. Its 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 an industry-leading condensate system in the Edmonton/Fort Saskatchewan area of Alberta. Keyera strives to provide high quality, value-added services to its customers across North America and is committed to conducting its business ethically, safely and in an environmentally and financially responsible manner.

Additional Information

For more information about Keyera Corp., please visit our website at www.keyera.com or contact:

Lavonne Zdunich, Director, Investor Relations, or
Calvin Locke, Manager, Investor Relations
E-mail: ir@keyera.com, Telephone: (403) 205-7670 / Toll Free: (888) 699-4853.

SOURCE Keyera Corp.