Keycorp As of November 25, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
KEY $0.82 5.1% 5.4% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 4.3% 12 14.3% Quarter 1986
KeyCorp hikes dividend by 5.1%

On November 17, 2022, Financial services company KeyCorp (KEY) announced that it will raise its quarterly dividend by 5.1 percent to 20.5 cents per share. This will mark 12 straight years of dividend growth by KEY. Last year Keycorp announced a 5.4% dividend hike.

The dividend is payable on December 15, 2022, to holders of record of such Common Shares as of the close of business on November 29, 2022. A new annualized dividend rate of 82 cents per share yields 4.4% at a stock price of $18.61.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 05 ROST 1.1% 8.8%
Dec 05 CI 1.2% 0.0%
Dec 06 AVY 1.4% 0.0%
Dec 06 ODFL 0.4% 50.0%
Dec 06 BLK 2.6% 18.2%
Dec 06 AEE 2.7% 7.3%
Dec 06 AME 0.6% 10.0%
Dec 06 SLB 1.4% 40.0%
Dec 07 HAL 1.3% 166.7%
Dec 07 NEM 4.8% 0.0%