KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, investment, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses. It also provides a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans comprising consumer, energy, healthcare, industrial, public sector, real estate, and technology loans for middle market clients. In addition, the company offers community development financing, securities underwriting, brokerage, and investment banking services. As of December 31, 2021, it operated through a network of approximately 999 branches and 1,317 ATMs in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.
KeyCorp Dividend Announcement
• KeyCorp announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-27
• KeyCorp annual dividend for 2024 was $0.82
• KeyCorp annual dividend for 2023 was $0.82
• KeyCorp's trailing twelve-month (TTM) dividend yield is 6.39%
• KeyCorp's payout ratio for the trailing twelve months (TTM) is 464.19%
• KeyCorp's dividend growth over the last five years (2018-2023) was 7.73% year
• KeyCorp's dividend growth over the last ten years (2013-2023) was 14.32% year
KeyCorp Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-27 | $0.20 | quarterly | 2024-09-13 |
| 2024-05-28 | $0.20 | quarterly | |
| 2024-05-24 | $0.20 | quarterly | 2024-06-14 |
| 2024-02-26 | $0.20 | quarterly | 2024-03-15 |
| 2023-11-27 | $0.20 | quarterly | 2023-12-15 |
| 2023-08-28 | $0.20 | quarterly | 2023-09-15 |
| 2023-05-26 | $0.20 | quarterly | 2023-06-15 |
| 2023-02-27 | $0.20 | quarterly | 2023-03-15 |
| 2022-11-28 | $0.20 | quarterly | 2022-12-15 |
| 2022-08-29 | $0.20 | quarterly | 2022-09-15 |
| 2022-05-27 | $0.20 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.20 | quarterly | 2022-03-15 |
| 2021-11-29 | $0.20 | quarterly | 2021-12-15 |
| 2021-08-30 | $0.18 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.18 | quarterly | 2021-06-15 |
| 2021-03-01 | $0.18 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.18 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.18 | quarterly | 2020-09-15 |
| 2020-06-01 | $0.18 | quarterly | 2020-06-15 |
| 2020-03-02 | $0.18 | quarterly | 2020-03-13 |
| 2019-12-02 | $0.18 | quarterly | 2019-12-13 |
| 2019-08-26 | $0.18 | quarterly | 2019-09-13 |
| 2019-05-24 | $0.17 | quarterly | 2019-06-14 |
| 2019-03-04 | $0.17 | quarterly | 2019-03-15 |
| 2018-11-26 | $0.17 | quarterly | 2018-12-14 |
| 2018-08-27 | $0.17 | quarterly | 2018-09-14 |
| 2018-05-25 | $0.12 | quarterly | 2018-06-15 |
| 2018-02-26 | $0.10 | quarterly | 2018-03-15 |
| 2017-11-27 | $0.10 | quarterly | 2017-12-15 |
| 2017-08-25 | $0.10 | quarterly | 2017-09-15 |
| 2017-05-25 | $0.10 | quarterly | 2017-06-15 |
| 2017-02-24 | $0.09 | quarterly | 2017-03-15 |
| 2016-11-25 | $0.09 | quarterly | 2016-12-15 |
| 2016-07-27 | $0.09 | quarterly | 2016-09-15 |
| 2016-05-26 | $0.09 | quarterly | 2016-06-15 |
| 2016-02-26 | $0.07 | quarterly | 2016-03-15 |
| 2015-11-27 | $0.07 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.07 | quarterly | 2015-09-15 |
| 2015-05-29 | $0.07 | quarterly | 2015-06-15 |
| 2015-02-27 | $0.07 | quarterly | 2015-03-13 |
| 2014-11-28 | $0.07 | quarterly | 2014-12-15 |
| 2014-08-28 | $0.07 | quarterly | 2014-09-15 |
| 2014-05-22 | $0.07 | quarterly | 2014-06-13 |
| 2014-02-28 | $0.06 | quarterly | 2014-03-14 |
| 2013-11-29 | $0.06 | quarterly | 2013-12-13 |
| 2013-08-23 | $0.06 | quarterly | 2013-09-13 |
| 2013-05-23 | $0.06 | quarterly | 2013-06-14 |
| 2013-03-01 | $0.05 | quarterly | 2013-03-15 |
KeyCorp Dividend per year
KeyCorp Dividend growth
KeyCorp Dividend Yield
KeyCorp current trailing twelve-month (TTM) dividend yield is 6.39%. Interested in purchasing KeyCorp stock? Use our calculator to estimate your expected dividend yield:
KeyCorp Financial Ratios
P/E ratio123.43
PEG ratio-10.15
P/B ratio1.08
ROE0.97%
Payout ratio464.19%
Current ratio0.79
Quick ratio0.79
Cash Ratio0.04
KeyCorp Dividend FAQ
How much is the next KeyCorp dividend?
KeyCorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next KeyCorp dividend. The next KeyCorp dividend will be released in February, May, August, or November.
When is KeyCorp dividend paid?
KeyCorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does KeyCorp pay?
The specific amount of KeyCorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find KeyCorp's dividend history.
Does KeyCorp stock pay dividends?
Yes, KeyCorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find KeyCorp's dividend history.
How much dividend does KeyCorp pay?
KeyCorp paid $0.82 in 2024, $0.82 in 2023, $0.79 in 2022, $0.75 in 2021, and $0.74 in 2020.
How often does KeyCorp pay dividends?
KeyCorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is KeyCorp's dividend yield?
The current dividend yield for KeyCorp is 6.39%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate KeyCorp's exact dividend yield.
When does KeyCorp go ex dividend?
KeyCorp's ex-dividend date for the latest dividend was on 2024-08-27. KeyCorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next KeyCorp dividend paid?
KeyCorp pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will KeyCorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether KeyCorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is KeyCorp dividend per share?
KeyCorp paid $0.82 per share in 2024 and $0.82 per share in 2023. The amount of dividend per share that KeyCorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is KeyCorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is KeyCorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is KeyCorp a dividend stock?
Yes, KeyCorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is KeyCorp a good dividend stock?
Whether KeyCorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. KeyCorp has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating KeyCorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating KeyCorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does KeyCorp pay dividends monthly?
KeyCorp typically pays dividends on a quarterly basis.
Does KeyCorp pay dividends quarterly?
KeyCorp currently pays dividends on a quarterly basis.
Has KeyCorp ever paid a dividend?
Yes, KeyCorp has a history of paying dividends to its shareholders. KeyCorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy KeyCorp dividend stocks?
To buy KeyCorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy KeyCorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy KeyCorp stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does KeyCorp pay dividends 2024?
KeyCorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will KeyCorp increase its dividend in 2024?
Decisions regarding KeyCorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date KeyCorp dividend overview you can look into the above table of dividend history.
How KeyCorp dividend works?
The KeyCorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how KeyCorp's dividend process works:
1. Determination of Dividend: KeyCorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, KeyCorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, KeyCorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from KeyCorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: KeyCorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, KeyCorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, KeyCorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from KeyCorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are KeyCorp dividends paid?
KeyCorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: KeyCorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, KeyCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KeyCorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: KeyCorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, KeyCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: KeyCorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does KeyCorp pay dividends?
KeyCorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does KeyCorp pay dividends?
The general pattern is that KeyCorp pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is KeyCorp dividend safe?
The safety of KeyCorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of KeyCorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review KeyCorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of KeyCorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review KeyCorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.