CLEVELAND, July 11, 2018 /PRNewswire/ -- KeyCorp (NYSE:
KEY) announced today that its Board of Directors declared the
following dividends for the third quarter of 2018:
- A cash dividend of $0.17 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on September 14,
2018 to holders of record of such common shares as of the
close of business on August 28,
2018
- 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 September 17,
2018 to holders of record as of the close of business on
August 31, 2018, for the period
commencing on (and including) June 15,
2018 to (but excluding) September 15,
2018
- 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 September 17, 2018 to holders of record as of the
close of business on August 31, 2018,
for the period commencing on (and including) June 15, 2018 to (but excluding) September 15, 2018.
The cash dividend of $0.17 per
common share represents a 42% increase compared to the $0.12 per common share paid last quarter and
marks the third dividend increase in the past 12 months.
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 $137.0 billion at March 31, 2018. 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 1,200 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