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KeyCorp Declares Regular Dividends; Sets Annual Meeting Date


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Published in Business and Finance on Thursday, January 20th 2011 at 12:15 GMT by Market Wire   Print publication without navigation


KeyCorp Declares Regular Dividends; Sets Annual Meeting Date -- CLEVELAND, Jan. 20, 2011 /PRNewswire/ --

KeyCorp Declares Regular Dividends; Sets Annual Meeting Date

CLEVELAND, Jan. 20, 2011 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors approved the following dividends for the first quarter, 2011:

-- A regular cash dividend of $0.01 per share of its common shares, or $0.04 per share on an annualized basis. The dividend is payable Mar. 15, 2011 to shareholders of record on Mar. 1, 2011.

-- A cash dividend of $1.9375 per share of its Non-Cumulative Perpetual Convertible Preferred Stock, Series A. The dividend is payable Mar. 15, 2011 to shareholders of record on Feb. 28, 2011.

In addition, the Board of Directors has determined that the KeyCorp 2011 Annual Shareholders Meeting will be held at 8:30 a.m. on May 19, 2011.  

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $94 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.  For more information, visit [ https://www.key.com ].

SOURCE KeyCorp

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