Categories: Banks & Credit UnionsSubscriber Only

KeyCorp to pay fourth-quarter dividend in mid-December

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 fourth quarter of this year. The dividend is payable on Dec. 15 to […]

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The dividend is payable on Dec. 15 to holders of record as of the close of business on Nov. 28. At Key’s current stock price, the dividend yields about 6.9 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 $188 billion as of Sept. 30. Its roots trace back nearly 200 years to Albany. KeyBank has a network of about 1,000 branches and 1,300 ATMs in 15 states.

Jornal Staff