Market dataIncome framework read
Dividend CompanyTSXCanada

KEY.TO

Keyera

EnergyPlain dividendQuarterly

Market Snapshot

$52.71

+$0.29 (0.55%)

Toronto

Yield

4.29%

Rate $2.25

Next Payment

—

Ex-date 2026-09-15

52wk Position

59.19%

-14.17% below high

Updated —

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Quarterly income profile is visible

KEY.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.

2

DRIP defense

Editorial framework

At Risk DRIP footing

KEY.TO is close to the defended zone at default inputs. Price creep cushion is 6.72%, so small price moves can matter.

3

Main watch item

Provider reported

Next payout date drives timing

KEY.TO has a visible provider payout date. For income calendars, ex-date and pay-date timing matter as much as annualized yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

At Risk
Cash
$56.25
APR
1.067
Coverage
1.067

At Risk. Coverage is above breakeven but inside the defended margin. Monitor price creep or top up shares.

Price Creep

Defended price ceiling

Max defended
$56.25
Cushion
$3.54
Cushion %
6.72%
Current $52.71Break $56.25

Smart Recommendation

KEY.TO is close enough to defend, but small price moves can weaken the rung.

Research Signals

Payout sustainability

Strong

5mo ago

DRIP availability

Available

5mo ago

Tax character

Eligible dividend

5mo ago

Distribution history

5–10 yr track

5mo ago

Structure complexity

Simple

5mo ago

Income trend

Growing

5mo ago

Account suitability

Non-reg: eligible div

5mo ago

Structure Overview

Keyera Corp (KEY) is a Calgary-based midstream energy company focused on natural gas gathering, processing, fractionation, and storage in Alberta. Keyera pays monthly eligible dividends and has a track record of steady distribution growth. The company's integrated asset base provides cash flow diversification within the midstream segment.

Canadian Planning Notes

  • 1KEY's monthly payout and Alberta midstream focus make it a useful pairing with quarterly bank or utility holdings for even income distribution across months.
  • 2Eligible dividends qualify for the tax credit; DRIP is available.
  • 3Keyera's operations are concentrated in Alberta's energy sector; production cycle downturns can affect throughput volumes and covered cash flow.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$52.71

Previous close

$52.42

Day range

$51.83 - $52.98

52wk range

$40.09 - $61.41

Market cap

N/A

Volume

1.4M

Avg volume

1.3M

Exchange

Toronto

Dividend and distribution

Forward rate

$2.25

Trailing rate

$2.16

Forward yield

4.29%

Trailing yield

4.12%

Per payment

$0.56

Cadence

Quarterly

Next ex-date

Sep 15, 2026

Next pay

Sep 29, 2026

Last dividend

$0.56

Last dividend date

Sep 15, 2026

Performance

Daily change

$0.29

Daily change %

0.55%

52wk position

59.19%

Below 52wk high

-14.17%

Above 52wk low

31.48%

Open

$52.37

Earnings and financials

Trailing EPS

1.52

Forward EPS

2.91

Revenue

7.2B

Revenue growth

49.40%

Profit margin

5.03%

Operating margin

18.66%

Payout ratio

141.18%

Free cash flow

133.2M

Total cash

568.8M

ROE

8.91%

ROA

3.43%

Debt/equity

160.65

Beta

0.91

Valuation

Trailing P/E

34.68

Forward P/E

18.11

Price/sales

N/A

Price/book

2.93

Enterprise value

23.3B

EV/EBITDA

19.93

Analyst facts

Target mean

$64.07

Target high

$67.00

Target low

$58.00

Recommendation mean

1.73

Recommendation key

buy

Analysts

15

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.