CLEVELAND, Jan. 12,
2023 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced
today that its Board of Directors declared the following dividends
for the first quarter of 2023:
- A cash dividend of $0.205 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on March 15,
2023, to holders of record of such Common Shares as of the
close of business on February 28,
2023;
- 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 March 15, 2023 to holders of record as of the
close of business on February 28,
2023, for the period commencing on (and including)
December 15, 2022 to (but excluding)
March 15, 2023;
- 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 March 15, 2023 to holders of record as of the
close of business on February 28,
2023, for the period commencing on (and including)
December 15, 2022 to (but excluding)
March 15, 2023;
- 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 March 15,
2023 to holders of record as of the close of business on
February 28, 2023, for the period
commencing on (and including) December 15,
2022 to (but excluding) March 15,
2023;
- 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 March 15,
2023 to holders of record as of the close of business on
February 28, 2023, for the period
commencing on (and including) December 15,
2022 to (but excluding) March 15,
2023; 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 March 15,
2023 to holders of record as of the close of business on
February 28, 2023, for the period
commencing on (and including) December 15,
2022 to (but excluding) March 15,
2023.
In addition, the Board of Directors has determined that the
KeyCorp 2023 Annual Meeting of Shareholders will be held on
Thursday, May 11, 2023.
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 $190.1 billion at September 30, 2022. 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 1,300 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