KeyCorp to pay cash dividend of 17 cents a share in March

KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 17 cents per share of its common stock for the first quarter of 2019.

The dividend is payable on March 15, to holders of record as of the close of business on March 5.

The dividend is the same amount that Key paid in each of the last two quarters but that followed four increases in the dividend in 2017 and 2018. 

Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of $138.8 billion as Sept. 30. Its roots trace back 190 years to Albany.

In the 16-county CNY region, KeyBank had 66 branches and $4.3 billion in deposits, good for a 14.73 percent market share, according to the latest FDIC statistics as of last June 30.

KeyCorp (NYSE: KEY) — parent of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York area — has declared a quarterly cash dividend of 17 cents per share of its common stock for the first quarter of 2019.

The dividend is payable on March 15, to holders of record as of the close of business on March 5.

The dividend is the same amount that Key paid in each of the last two quarters but that followed four increases in the dividend in 2017 and 2018. 

Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of $138.8 billion as Sept. 30. Its roots trace back 190 years to Albany.

In the 16-county CNY region, KeyBank had 66 branches and $4.3 billion in deposits, good for a 14.73 percent market share, according to the latest FDIC statistics as of last June 30.