Keyera Corp
KEY.TO (TSX)
Keyera Corp stands out as a reliable choice in the midstream sector, offering a dividend yield of approximately 4.80% and demonstrating strong cash flow stability. Analysts favor Keyera, awarding it an "Outperform" rating from RBC Capital, which speaks to its potential for dividend stability and growth. With a market cap of CAD 9.55 billion, Keyera has shown impressive long-term performance, boasting a 64.54% return over the past five years.
Pros:
- Stable cash flows
- Top pick for dividend stability
Cons:
- Recent underperformance
- Market cap decrease
Keyera Corp (KEY.TO) presents a compelling option for income-focused investors seeking exposure to the midstream energy sector, particularly due to its solid dividend yield of 4.80% and its demonstrated long-term growth potential. However, potential investors should also consider the recent dip in short-term performance, making this investment more suitable for those with a long-term horizon and a tolerance for market fluctuations.