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CLEVELAND, Jan. 16, 2020 /PRNewswire/ -- KeyCorp (NYSE:KEY) announced today that its Board of Directors declared the following dividends for the first quarter of 2020:
- A cash dividend of $0.185 per share on the corporation's outstanding common shares (NYSE:KEY). The dividend is payable on March 13, 2020 to holders of record of such common shares as of the close of business on March 3, 2020;
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- 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 16, 2020 to holders of record as of the close of business on March 2, 2020, for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020;
- 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 16, 2020 to holders of record as of the close of business on March 2, 2020, for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020;
- 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 16, 2020 to holders of record as of the close of business on March 2, 2020, for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020; and
- 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 16, 2020 to holders of record as of the close of business on March 2, 2020, for the period commencing on (and including) December 15, 2019 to (but excluding) March 15, 2020.
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In addition, the Board of Directors has determined that the KeyCorp 2020 Annual Meeting of Shareholders will be held at 8:30 a.m. on Thursday, May 21, 2020.
About KeyCorp
KeyCorp's roots trace back 190 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 $146.7 billion at September 30, 2019. 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 over 1,100 branches and more than 1,400 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.
SOURCE KeyCorp
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.