KeyCorp to pay 2nd quarter 2024 dividend in mid-June

KeyBank’s branch office on Route 31 in the town of Clay. ADAM ROMBEL/ CNYBJ FILE PHOTO

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KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the second quarter of this year. The dividend is payable on June 14 to holders of record as of the close of business on May 28. At Key’s current stock price, the dividend yields nearly 5.5 percent on an annual basis. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial-services companies, with assets of about $187 billion as of March 31. Its roots trace back almost 200 years to Albany. KeyBank has a network of about 1,000 branches and about 1,200 ATMs in 15 states.

Journal Staff