CLEVELAND, Jan. 12, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY)
announced today that its Board of Directors declared the following
dividends for the first quarter of 2017:
- A cash dividend of $0.085 per
share on the corporation's outstanding common shares (NYSE: KEY).
The dividend is payable on March 15,
2017 to holders of record of such common shares as of the
close of business on February 28,
2017
- A dividend of $1.9375 per share
on the corporation's outstanding 7.750% Non-Cumulative Perpetual
Convertible Preferred Stock, Series A (NYSE: KEY.G), payable on
March 15, 2017 to holders of record
as of the close of business on February 28,
2017, for the period commencing on (and including)
December 15, 2016 to (but excluding)
March 15, 2017
- A dividend of $.539063 per share
on the corporation's outstanding Fixed-to-Floating Rate Perpetual
Non-Cumulative Preferred Stock, Series C (NYSE: KEY.H), payable on
February 15, 2017 to holders of
record as of the close of business on February 3, 2017, for the period commencing on
(and including) November 15, 2016 to
(but excluding) February 15, 2017
- A dividend of $312.50 (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,
2017 to holders of record as of the close of business on
February 28, 2017, for the period
commencing on (and including) December 15,
2016 to (but excluding) March 15,
2017
- A dividend of $15.822917
(equivalent to $.395573 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, 2017 to holders of record as of the
close of business on February 28,
2017, for the period commencing on (and including)
December 12, 2016 to (but excluding)
March 15, 2017.
In addition, the Board of Directors has determined that the
KeyCorp 2017 Annual Meeting of Shareholders will be held at
8:30 a.m. on Thursday, May 18, 2017.
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 $135.8 billion at September 30,
2016. Key provides deposit, lending, cash management, insurance,
and investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
more than 1,200 branches and more than 1,500 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