Categories: Banks & Credit UnionsSubscriber Only

KeyCorp to pay Q3 cash dividend of 18.5 cents a share in September

KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 18.5 cents a share on its common stock for the third quarter of 2020. The dividend is payable on Sept. 15, to shareholders of […]

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The dividend is payable on Sept. 15, to shareholders of record as of the close of business on Sept. 1.

Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of $171 billion as of June 30 of this year. Its roots trace back 190 years to Albany.

In the 16-county CNY region, KeyBank had 66 branches and $4.6 billion in deposits, good for a 15.07 percent market share, according to FDIC statistics as of June 30, 2019.

Journal Staff