KEYCORP DECLARES QUARTERLY CASH DIVIDEND ON COMMON SHARES AND PREFERRED STOCKS; SETS ANNUAL MEETING DATE

PR Newswire

CLEVELAND, Jan. 16, 2025

CLEVELAND, Jan. 16, 2025 /PRNewswire/ -- KeyCorp $(KEY)$ announced today that its Board of Directors declared the following dividends for the first quarter of 2025:

   -- A cash dividend of $0.205 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; 
 
   -- 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 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 $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 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 $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 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 $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 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 $15.50 per share (equivalent to $.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 Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $190 billion at September 30, 2024. 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 approximately 1,000 branches and approximately 1,200 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

/CONTACT: For more information contact: Investor Relations: Brian Mauney, 216.689.0521, brian_mauney@keybank.com; Media: Beth Strauss, 216.471.2787, beth_a_strauss@keybank.com

(END) Dow Jones Newswires

January 16, 2025 16:15 ET (21:15 GMT)