New York State In-depth

KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON AND PREFERRED STOCK; SET DATE OF ANNUAL MEETING

CLEVE-LAND, January 12, 2023 /PRNewswire/ — KeyCorp (NYSE: KEY) announced today that its Board of Directors has declared the following dividends for the first quarter of 2023:

  • A cash dividend of $0.205 per share on the Company’s outstanding common stock (NYSE: KEY). The dividend is payable on March 15, 2023to registered holders of such common shares as of the close of business on February 28, 2023;
  • A dividend of $312.50 per share (corresponds to $12.50 per depositary share (CUSIP #493267AK4)) on the outstanding perpetual non-cumulative fixed to floating rate preferred stock of the Company, Series D (CUSIP #493267603), payable on March 15, 2023 to registered holders from close of business on February 28, 2023for the period from (and including) December 15, 2022 to (but exclusively) March 15, 2023;
  • A dividend of $15.3125 per share (corresponds to $0.382813 per Depositary Share (NYSE: KEY.I)) on the Company’s outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stocks, Series E (CUSIP #493267801), payable on March 15, 2023 to registered holders from close of business on February 28, 2023for the period from (and including) December 15, 2022 to (but exclusively) March 15, 2023;
  • A dividend of $14.1250 per share (corresponds to $0.353125 per Depositary Share (NYSE: KEY.J)) on the Company’s outstanding fixed rate perpetual non-cumulative preferred stock, Series F (CUSIP #493267884), payable on March 15, 2023 to registered holders from close of business on February 28, 2023for the period from (and including) December 15, 2022 to (but exclusively) March 15, 2023;
  • A dividend of $14.0625 per share (corresponds to $0.351563 per Depositary Share (NYSE: KEY.K)) on the Company’s outstanding fixed rate perpetual non-cumulative preferred stock, Series G (CUSIP #493267850), payable on March 15, 2023 to registered holders from close of business on February 28, 2023for the period from (and including) December 15, 2022 to (but exclusively) March 15, 2023; and
  • A dividend of $15.50 per share (corresponds to $.3875 per Depositary Share (NYSE: KEY.L)) on the Company’s outstanding perpetual non-cumulative Fixed Rate Preferred Stock Series H (CUSIP #493267835), payable on March 15, 2023 to registered holders from close of business on February 28, 2023for the period from (and including) December 15, 2022 to (but exclusively) March 15, 2023.

In addition, the Board of Directors has determined that the 2023 Annual General Meeting will be held by KeyCorp Thursday, May 11, 2023.

About KeyCorp
KeyCorp’s roots go back almost 200 years Albany, New York. headquarters in Cleveland, OhioKey is one of the nation’s largest bank-based financial services companies with assets of approximately $190.1 billion at 09/30/2022. Key provides deposit, lending, cash management and investment services to individuals and businesses in 15 states under the KeyBank National Association name through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also offers a wide range of sophisticated corporate and investment banking products, including mergers and acquisitions advisory, public and private debt and equity securities, syndications and derivatives, to mid-market companies in select industries The United States under the trading name KeyBanc Capital Markets. Visit https://www.key.com/ for more information. KeyBank is a member of the FDIC.

SOURCE KeyCorp

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