Press Release: KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS

Dow Jones11-22 05:15

KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS

PR Newswire

CLEVELAND, Nov. 21, 2024

CLEVELAND, Nov. 21, 2024 /PRNewswire/ -- KeyCorp $(KEY)$ announced today that its Board of Directors declared the following dividends for the fourth 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 December 13, 2024, 
      to holders of record of such Common Shares as of the close of business on 
      December 3, 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 December 16, 2024 to holders of record as 
      of the close of business on December 2, 2024, for the period commencing 
      on (and including) September 15, 2024 to (but excluding) December 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 December 16, 2024 to holders of record as of the 
      close of business on December 2, 2024, for the period commencing on (and 
      including) September 15, 2024 to (but excluding) December 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 December 16, 2024 to holders of record as of the close of 
      business on December 2, 2024, for the period commencing on (and 
      including) September 15, 2024 to (but excluding) December 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 December 16, 2024 to holders of record as of the close of 
      business on December 2, 2024, for the period commencing on (and 
      including) September 15, 2024 to (but excluding) December 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 December 16, 2024 to holders of record as of the close of 
      business on December 2, 2024, for the period commencing on (and 
      including) September 15, 2024 to (but excluding) December 15, 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 $190 billion at September 30, 2024. 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 1,200 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

/CONTACT: For more information: Investor Relations: Brian Mauney, 216.689.0521, brian_mauney@keybank.com, or Media: Beth Strauss, 216.471.2787, beth_a_strauss@keybank.com

 

(END) Dow Jones Newswires

November 21, 2024 16:15 ET (21:15 GMT)

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