KeyCorp to pay Q1 dividend in mid-March

Will hold annual meeting on May 9 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 first quarter of the year. The […]

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Will hold annual meeting on May 9

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 first quarter of the year. The dividend is payable on March 15 to holders of record as of the close of business on Feb. 27. At Key’s current stock price, the dividend yields about 6 percent on an annual basis. KeyCorp also announced that it will hold its 2024 annual meeting of shareholders on Thursday, May 9. 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 Dec. 31. Its roots trace back nearly 200 years to Albany. KeyBank has a network of more than 950 branches and over 1,200 ATMs in 15 states.

Journal Staff