CLEVELAND, Jan. 16, 2020 /PRNewswire/ -- KeyCorp (NYSE:
KEY) announced today that its Board of Directors declared the
following dividends for the first quarter of 2020:
- A cash dividend of $0.185 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on March 13,
2020 to holders of record of such common shares as of the
close of business on March 3,
2020;
- 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 16, 2020 to holders of record as of the
close of business on March 2, 2020,
for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020;
- 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 16, 2020 to holders of record as of the
close of business on March 2, 2020,
for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020;
- 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 16,
2020 to holders of record as of the close of business on
March 2, 2020, for the period
commencing on (and including) December 15,
2019 to (but excluding) March 15,
2020; and
- 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 16,
2020 to holders of record as of the close of business on
March 2, 2020, for the period
commencing on (and including) December 15,
2019 to (but excluding) March 15,
2020.
In addition, the Board of Directors has determined that the
KeyCorp 2020 Annual Meeting of Shareholders will be held at 8:30
a.m. on Thursday, May 21, 2020.
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 $146.7 billion at September 30, 2019. 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 over 1,100 branches and more than
1,400 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