KeyCorp Declares Quarterly Cash Dividend On Common Shares And Preferred Stocks; Sets Annual Meeting Date

CLEVELAND, Jan. 12, 2017 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared the following dividends for the first quarter of 2017:

• A cash dividend of $0.085 per share on the corporation's outstanding common shares (NYSE: KEY). The dividend is payable on March 15, 2017 to holders of record of such common shares as of the close of business on February 28, 2017
  
  
• A dividend of $1.9375 per share on the corporation's outstanding 7.750% Non-Cumulative Perpetual Convertible Preferred Stock, Series A (NYSE: KEY.G), payable on March 15, 2017 to holders of record as of the close of business on February 28, 2017, for the period commencing on (and including) December 15, 2016 to (but excluding) March 15, 2017
  
  
• A dividend of $.539063 per share on the corporation's outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series C (NYSE: KEY.H), payable on February 15, 2017 to holders of record as of the close of business on February 3, 2017, for the period commencing on (and including) November 15, 2016 to (but excluding) February 15, 2017
  
  
• A dividend of $312.50 (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 15, 2017 to holders of record as of the close of business on February 28, 2017, for the period commencing on (and including) December 15, 2016 to (but excluding) March 15, 2017
  
  
• A dividend of $15.822917 (equivalent to $.395573 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 15, 2017 to holders of record as of the close of business on February 28, 2017, for the period commencing on (and including) December 12, 2016 to (but excluding) March 15, 2017.

In addition, the Board of Directors has determined that the KeyCorp 2017 Annual Meeting of Shareholders will be held at 8:30 a.m. on Thursday, May 18, 2017.

About KeyCorp
KeyCorp's roots trace back 190 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 $135.8 billion at September 30, 2016. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/keycorp-declares-quarterly-cash-dividend-on-common-shares-and-preferred-stocks-sets-annual-meeting-date-300390563.html

SOURCE KeyCorp