KeyCorp Announces Quarterly Cash Dividend and 2025 Annual Meeting Date
On January 16, 2025, KeyCorp (NYSE: KEY) revealed the declaration of dividends for the first quarter of the year. This announcement is of significant importance to shareholders and highlights the company’s commitment to providing returns to its investors.
Dividend Details for Common Shares
KeyCorp has declared a cash dividend of $0.205 per share for its common shares. This amount is payable on
March 14, 2025, to shareholders who are on record as of the close of business on
March 4, 2025. With a consistent history of dividend payouts, KeyCorp continues to demonstrate its financial strength and reliability in delivering value to its shareholders.
Preferred Stock Dividends
The Board also announced dividends for its outstanding preferred stocks, which include several series with differing payouts:
- - Series D: $312.50 per share, payable on March 17, 2025, to holders of record as of March 3, 2025.
- - Series E: $15.3125 per share, also payable on March 17, 2025, for the same record date.
- - Series F: $14.1250 per share, with the same payment schedule.
- - Series G: $14.0625 per share, payable under the same conditions.
- - Series H: $15.50 per share, following the same timeline.
The dividends for these preferred stocks highlight KeyCorp's diverse financing strategies and its commitment to providing returns to all types of investors.
Upcoming Annual Meeting
In conjunction with the dividend announcement, KeyCorp also set the date for its
2025 Annual Meeting of Shareholders. This important event will take place on
May 15, 2025, and will provide a platform for shareholders to engage with the company’s leadership, discuss company strategies, and participate in key decisions that affect the future direction of KeyCorp.
About KeyCorp
Founded nearly 200 years ago in Albany, New York, KeyCorp has established itself as a significant player in the financial services industry. Headquartered in Cleveland, Ohio, the company manages assets nearing $190 billion as of September 30, 2024. KeyCorp offers a range of services including banking, lending, cash management, and investment solutions through approximately
1,000 branches and 1,200 ATMs across 15 states.
The bank also provides comprehensive corporate and investment banking services under the KeyBanc Capital Markets brand, offering support in areas such as mergers and acquisitions, debt and equity financing, syndications, and derivatives. With a focus on middle-market companies, KeyCorp is well-positioned to continue its growth and development in the financial sector.
To find out more about KeyCorp and its services, visit
www.key.com. KeyBank is a member of the FDIC, underscoring its commitment to regulatory compliance and customer trust. The company's proactive approach to shareholder returns and transparent communication reaffirms its strong presence in the financial landscape.