CLEVELAND, Nov. 16, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY)
announced today that its Board of Directors declared the following
dividends for the fourth quarter of 2017:
- A cash dividend of $0.105 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on December 15,
2017 to holders of record of such common shares as of the
close of business on November 28,
2017
- A dividend of $312.50 (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 December 15,
2017 to holders of record as of the close of business on
November 30, 2017, for the period
commencing on (and including) September 15,
2017 to (but excluding) December 15,
2017
- A dividend of $15.3125
(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 December 15, 2017 to holders of record as of the
close of business on November 30,
2017, for the period commencing on (and including)
September 15, 2017 to (but excluding)
December 15, 2017.
The cash dividend of $0.105 per
common share represents an 11% increase compared to the
$0.095 per common share paid last
quarter and marks the second increase to occur in 2017, following a
12% increase in the second quarter of 2017.
About KeyCorp
KeyCorp's roots trace back 190 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 $136.7 billion at September 30, 2017.
Key provides deposit, lending, cash management, insurance, and
investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
more than 1,200 branches and more than 1,500 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