Keycorp's last quarterly dividend was on May 26, 2023 (ex-date) with a distribution of $0.205 per share. On an annualized basis, the company has a current payout of $0.81 per share. This brings the dividend yield to 8.42% based on its recent close price.
KEY has a dividend yield of 8.42% which is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.86%, Keycorp's dividend yield is 118% higher. The current dividend yield is higher than the historical average of 4.2% of the last 5 years.
Keycorp has been paying dividends since 1994. KEY has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 5% since one year ago. And with the stock price down by 51% from a year ago, the dividend yield has grown by 113%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 26, 2023 | Jun 15, 2023 | May 11, 2023 | $0.205 | normal |
| Feb 27, 2023 | Mar 15, 2023 | Jan 12, 2023 | $0.205 | normal |
| Nov 28, 2022 | Dec 15, 2022 | Nov 17, 2022 | $0.205 | normal |
| Aug 29, 2022 | Sep 15, 2022 | Jul 6, 2022 | $0.195 | normal |
| May 27, 2022 | Jun 15, 2022 | May 12, 2022 | $0.195 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Jan 13, 2022 | $0.195 | normal |
| Nov 29, 2021 | Dec 15, 2021 | Nov 18, 2021 | $0.195 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Jul 7, 2021 | $0.185 | normal |
| May 28, 2021 | Jun 15, 2021 | May 13, 2021 | $0.185 | normal |
| Mar 1, 2021 | Mar 15, 2021 | Jan 14, 2021 | $0.185 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 19, 2020 | $0.185 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Jul 8, 2020 | $0.185 | normal |
| Jun 1, 2020 | Jun 15, 2020 | May 20, 2020 | $0.185 | normal |
| Mar 2, 2020 | Mar 13, 2020 | Jan 16, 2020 | $0.185 | normal |
| Dec 2, 2019 | Dec 13, 2019 | Nov 21, 2019 | $0.185 | normal |
| Aug 26, 2019 | Sep 13, 2019 | Jul 17, 2019 | $0.185 | normal |
| May 24, 2019 | Jun 14, 2019 | May 15, 2019 | $0.17 | normal |
| Mar 4, 2019 | Mar 15, 2019 | Jan 10, 2019 | $0.17 | normal |
| Nov 26, 2018 | Dec 14, 2018 | Nov 15, 2018 | $0.17 | normal |
| Aug 27, 2018 | Sep 14, 2018 | Jul 11, 2018 | $0.17 | normal |
| May 25, 2018 | Jun 15, 2018 | May 9, 2018 | $0.12 | normal |
| Feb 26, 2018 | Mar 15, 2018 | Jan 11, 2018 | $0.105 | normal |
| Nov 27, 2017 | Dec 15, 2017 | Nov 16, 2017 | $0.105 | normal |
| Aug 25, 2017 | Sep 15, 2017 | Jul 12, 2017 | $0.095 | normal |
| May 25, 2017 | Jun 15, 2017 | May 17, 2017 | $0.095 | normal |
| Feb 24, 2017 | Mar 15, 2017 | Jan 12, 2017 | $0.085 | normal |
| Nov 25, 2016 | Dec 15, 2016 | Nov 17, 2016 | $0.085 | normal |
| Jul 27, 2016 | Sep 15, 2016 | Jul 13, 2016 | $0.085 | normal |
| May 26, 2016 | Jun 15, 2016 | May 19, 2016 | $0.085 | normal |
| Feb 26, 2016 | Mar 15, 2016 | Jan 14, 2016 | $0.075 | normal |
| Nov 27, 2015 | Dec 15, 2015 | Nov 19, 2015 | $0.075 | normal |
| Aug 28, 2015 | Sep 15, 2015 | Jul 9, 2015 | $0.075 | normal |
KEY has a payout ratio of 45.5% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 32.1%, Keycorp's payout ratio is 42% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 7.96% | $0.81 | 45.5% |
| CMA Comerica Inc | 6.82% | $2.75 | 28.7% |
| ZION Zions Bancorporation National Association | 5.61% | $1.64 | 28% |
| WSBC Wesbanco Inc | 5.41% | $1.38 | 45.5% |
| NRIM Northrim Bancorp Inc | 4.92% | $2.01 | 40.5% |
| PNC Pnc Financial Services Group Inc | 4.86% | $6 | 41% |
| CFR Cullen/Frost Bankers Inc | 3.29% | $3.48 | 34.6% |
| NBHC National Bank Holdings Corp | 3.06% | $0.99 | 37.2% |
| BHLB Berkshire Hills Bancorp Inc | 3.05% | $0.66 | 29.6% |
| WFC Wells Fargo & Company | 2.91% | $1.2 | 34% |
| JPM Jpmorgan Chase & Co | 2.84% | $4 | 29.5% |
Yes, Keycorp has been paying dividends for the last 29 years.
Currently KEY's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2023.
Keycorp's last dividend ex-date was on May 26, 2023. The dividend amount was $0.205 per share.
KEY's annualized dividend per share is $0.81.
Keycorp's current dividend yield is 8.42%.
Keycorp pays four dividends per year.
The dividend payout ratio of Keycorp is 45.5%.
Keycorp's dividend yield is higher than the Financial Services sector average.