All the same, the fact that a similar company cut its dividend is unsettling. It’s certainly prompted me to wonder whether I should be buying shares at these lower prices — or cash in the chips I have left. The cash flow was used to fund the company’s CapEx and dividends for the quarter and the Kellerstrass acquisition. Fool contributor Kris Knutson owns shares of KEYERA CORP and PEMBINA PIPELINE CORPORATION. I understand I can unsubscribe from these updates at any time. Fool contributor Aditya Raghunath has no position in any of the stocks mentioned. Forget Suncor Energy (TSX:SU): These Stocks Can Give You $4,500 Annually, How to Profit From the Market Crash: 2 Stocks to Trade in Short Term. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? The Motley Fool Canada » Investing » Two Beaten-Up Dividend Giants That Could Double in 2020, Kris Knutson | April 13, 2020 | More on: PBA KEY PPL. Don't miss out! The positive aspects of these two companies still hold true. Construction is also on at the Pipestone gas plant in Alberta. The stock is trading at 36% below its 52-week high and hasn’t cut its dividend in the last quarter like other pipeline companies such as Inter Pipeline. In other news, Senior Officer Bradley Wayne Lock acquired 1,594 shares of the company's stock in a transaction dated Wednesday, July 15th. All rights reserved. Current as of October 26, 2020. On a positive note, the reason these stocks are cheap — in part due to a general market pullback. The Motley Fool recommends PEMBINA PIPELINE CORPORATION. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. These include completion on phase two of the Wapiti gas plant expected to be commissioned in the fourth quarter of 2020. The risk is reflected in their valuations, with Keyera trading at seven times trailing earnings and Pembina at 10 times trailing earnings. They are opportunities, though, for investors who want to take a chance on these names. As renewable energy technology improves and adoption increases, less oil will be demanded. There is a very real possibility that their dividends could be negatively affected. Keyera says it is seeing demand pick up in North America, which bodes well for the company’s near-time future. Another company, Inter Pipeline Corp. (TSX:IPL) has already cut its dividend after years of dividend growth. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Its net earnings came in at $86 million. Even though IPL’s dividend was less secure going into the downturn than the Keyera and Pembina’s were. Not to alarm you, but you’re about to miss an important event. Another company, The answer to this question depends on your risk tolerance. Parkland supplies and markets fuel across Canada, the U.S. and the Caribbean. 5 Stocks Under $49 (FREE REPORT). There is a very real possibility that their dividends could be negatively affected. Damit Verizon Media und unsere Partner Ihre personenbezogenen Daten verarbeiten können, wählen Sie bitte 'Ich stimme zu.' Can Warren Buffett’s Bet on Suncor Energy (TSX:SU) Pay Off in 5 Years? Can Warren Buffett’s Bet on Suncor Energy (TSX:SU) Pay Off in 5 Years? If the general market recovers, so, too, should the share prices of these two stocks. First up is pipeline stock, Keyera Corp (TSX:KEY). Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. The second energy stock is Parkland Fuel Corp (TSX:PKI). Trading at $23.29 at writing, Keyera offers a tasty 8.54% forward dividend yield. Returns since inception, October 2013. Of the two companies, I definitely consider Pembina to be the, Love High Dividend Yields? All stocks, even the very best, were hammered in this market shock. CALGARY, AB, Sept. 11, 2020 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for September 2020 of 16.00 cents per common share. It expects maintenance capital for 2020 of between $30 million and $35 million, down from $105 million in 2019. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. © 2020 The Motley Fool Canada, ULC. Dazu gehört der Widerspruch gegen die Verarbeitung Ihrer Daten durch Partner für deren berechtigte Interessen. Keyera's dividend payout ratio (DPR) is presently 144.81%. Please read the Privacy Statement and Terms of Service for more information. OPEC does not seem to be making definite progress in terms of production cuts, which could continue to push down commodity prices. Aphria (TSX:APHA) Stock Plunges: Marijuana Industry in Trouble. This last point may still be years away, as the world still runs largely on fossil fuels, but it is still a concern. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. Demand across company products has reduced significantly since the end of March. Even though IPL’s dividend was less secure going into the downturn than the Keyera and Pembina’s were. Keyera has cut down on its growth capital from a range of $700 million-$800 million to $475 million-$525 million. Keyera (OTCPK:KEYUF +2.8%) to cut its 2020 capital program following a decision to defer construction of the KAPS pipeline system for approximately one year, … Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Cash from operations was $258 million compared to $136 million in 2019. aus oder wählen Sie 'Einstellungen verwalten', um weitere Informationen zu erhalten und eine Auswahl zu treffen. © 2020 The Motley Fool Canada, ULC. Should You Buy Aphria (TSX:APHA) After Its Recent Pullback? Not to alarm you, but you’re about to miss an important event. Adjusted EBITDA came in at $191 million for the quarter compared to just over $300 million in the same period of 2019. Current as of October 26, 2020. All the same, the fact that a similar company cut its dividend is unsettling. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. The stocks are cheap, beaten-up and out of favour. Sie können Ihre Einstellungen jederzeit ändern. While they’re risky, they could be great buys if you can stomach the stock. The company continued work on its capital projects that were under construction and are expected to generate cash flow later in 2020. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Few sectors have been as badly pummelled as the energy sector. Trading at $23.29 at writing, Keyera offers a tasty 8.54% forward dividend yield. There are two stocks in a play like this that have found their footing after the bloodbath in March and are good dividend payers. The dividend will be … I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Keyera declared an adjusted EBITDA of $327 million and a distributable cash flow of $253 million in the first quarter of 2020. The oil industry also faces the possibility of green energy disruption. They are still companies with long-term contracts that should provide steady income over time. The answer to this question depends on your risk tolerance. Parkland is also a leading convenience store operator. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. The stock was bought at an average price of C$19.97 per share, with a total value of C$31,832.18. Two pipeline stocks I’ve owned for a number of years are. I understand I can unsubscribe from these updates at any time. 3 Beaten-Down Stocks Look Attractive.

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