CLEVELAND, Jan. 10,
2024 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced
today that its Board of Directors declared the following dividends
for the first quarter of 2024:
- A cash dividend of $0.205 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on March 15,
2024, to holders of record of such Common Shares as of the
close of business on February 27,
2024;
- A dividend of $312.50 per share
(equivalent to $12.50 per depositary
share (CUSIP #493267AK4)) on the corporation's outstanding
Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock,
Series D (CUSIP #493267603), payable on March 15, 2024 to holders of record as of the
close of business on February 29, 2024, for the period
commencing on (and including) December 15,
2023 to (but excluding) March 15,
2024;
- A dividend of $15.3125 per share
(equivalent to $.382813 per
depositary share (NYSE: KEY.I)) on the corporation's outstanding
Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock,
Series E (CUSIP #493267801), payable on March 15, 2024 to holders of record as of the
close of business on February 29, 2024, for the period
commencing on (and including) December 15,
2023 to (but excluding) March 15,
2024;
- A dividend of $14.1250 per share
(equivalent to $.353125 per
depositary share (NYSE: KEY.J)) on the corporation's outstanding
Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series F
(CUSIP #493267884), payable on March 15,
2024 to holders of record as of the close of business on
February 29, 2024, for the period commencing on (and
including) December 15, 2023 to (but
excluding) March 15, 2024;
- A dividend of $14.0625 per share
(equivalent to $.351563 per
depositary share (NYSE: KEY.K)) on the corporation's outstanding
Fixed Rate Perpetual Non-Cumulative Preferred Stock, Series G
(CUSIP #493267850), payable on March 15,
2024 to holders of record as of the close of business on
February 29, 2024, for the period commencing on (and
including) December 15, 2023 to (but
excluding) March 15, 2024; and
- A dividend of $15.50 per share
(equivalent to $.3875 per depositary
share (NYSE: KEY.L)) on the corporation's outstanding Fixed Rate
Reset Perpetual Non-Cumulative Preferred Stock, Series H (CUSIP
#493267835), payable on March 15,
2024 to holders of record as of the close of business on
February 29, 2024, for the period commencing on (and
including) December 15, 2023 to (but
excluding) March 15, 2024.
In addition, the Board of Directors has determined that the
KeyCorp 2024 Annual Meeting of Shareholders will be held on
Thursday, May 9, 2024.
About KeyCorp
KeyCorp's roots trace back nearly 200
years to Albany, New York.
Headquartered in Cleveland, Ohio.
Key is one of the nation's largest bank-based financial services
companies, with assets of approximately $188
billion at September 30, 2023.
Key provides deposit, lending, cash management, and investment
services to individuals and businesses in 15 states under the name
KeyBank National Association through a network of approximately
1,000 branches and approximately 1,300 ATMs. Key also provides a
broad range of sophisticated corporate and investment banking
products, such as merger and acquisition advice, public and private
debt and equity, syndications, and derivatives to middle market
companies in selected industries throughout the United States under the KeyBanc Capital
Markets trade name. For more information, visit
https://www.key.com/. KeyBank is Member FDIC.
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SOURCE KeyCorp