KeyCorp Series E Perpetual Preferred Shares Declare $0.3828 Quarterly Dividend
KeyCorp has announced a quarterly dividend of $0.3828 per share for its Non-Cumulative Perpetual Preferred Registered Shares, Series E (KEY.PR.I). The payout remains consistent with previous distributions and represents a forward yield of 6.1%. The dividend is scheduled to be payable on December 15, with the ex-dividend date and record date both set for November 30. This announcement comes amidst broader strategic updates from KeyCorp, including targets to achieve a Net Interest Margin (NIM) of 3.25% or higher by the fourth quarter of 2027.
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Topics: dividends mergers and acquisitions net interest income quarterly earnings