Keyera Announces Dividend Increase and August Dividend

CALGARY, Aug. 8, 2018 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today that it is increasing its monthly cash dividend by approximately 7% from 14.00 cents per common share to 15.00 cents per common share, or $1.80 per common share annually. The dividend will be effective with the August dividend payable on September 17, 2018, to shareholders of record on August 22, 2018. The ex-dividend date is August 21, 2018. 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.

SOURCE Keyera Corp.