KeyCorp (KEY) will raise its quarterly dividend by 15.4 percent to $0.075 per share in the second quarter of 2015. The increased dividend will be paid on June 15, 2015 to stockholders of record on June 2, 2015.
Headquartered in Cleveland, Ohio, KeyCorp is a bank-based financial services company. KeyCorp 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 branches ATMs. The company also provides 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.