KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS; SETS ANNUAL MEETING DATE
Rhea-AI Summary
KeyCorp (NYSE: KEY) has announced its dividend declarations for the first quarter of 2025. The company will pay a cash dividend of $0.205 per share on its common shares, payable on March 14, 2025, to shareholders of record as of March 4, 2025.
The board also declared dividends on several series of preferred stocks, all payable on March 17, 2025, to holders of record as of March 3, 2025. These include:
- Series D: $312.50 per share ($12.50 per depositary share)
- Series E: $15.3125 per share ($0.382813 per depositary share)
- Series F: $14.1250 per share ($0.353125 per depositary share)
- Series G: $14.0625 per share ($0.351563 per depositary share)
- Series H: $15.50 per share ($0.3875 per depositary share)
The company also announced that its 2025 Annual Meeting of Shareholders will be held on Thursday, May 15, 2025.
Positive
- Maintained quarterly dividend payments, showing financial stability
- Consistent dividend payments across all preferred stock series
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, KEY gained 2.58%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- A cash dividend of
per share on the corporation's outstanding common shares (NYSE: KEY). The dividend is payable on March 14, 2025, to holders of record of such Common Shares as of the close of business on March 4, 2025;$0.20 5 - A dividend of
per share (equivalent to$312.50 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 17, 2025 to holders of record as of the close of business on March 3, 2025, for the period commencing on (and including) December 15, 2024 to (but excluding) March 15, 2025;$12.50 - A dividend of
per share (equivalent to$15.31 25$.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 17, 2025 to holders of record as of the close of business on March 3, 2025, for the period commencing on (and including) December 15, 2024 to (but excluding) March 15, 2025; - A dividend of
per share (equivalent to$14.12 50$.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 17, 2025 to holders of record as of the close of business on March 3, 2025, for the period commencing on (and including) December 15, 2024 to (but excluding) March 15, 2025; - A dividend of
per share (equivalent to$14.06 25$.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 17, 2025 to holders of record as of the close of business on March 3, 2025, for the period commencing on (and including) December 15, 2024 to (but excluding) March 15, 2025; and - A dividend of
per share (equivalent to$15.50 $.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 17, 2025 to holders of record as of the close of business on March 3, 2025, for the period commencing on (and including) December 15, 2024 to (but excluding) March 15, 2025.
In addition, the Board of Directors has determined that the KeyCorp 2025 Annual Meeting of Shareholders will be held on Thursday, May 15, 2025.
About KeyCorp
KeyCorp's roots trace back nearly 200 years to
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SOURCE KeyCorp
