CLEVELAND, May 20 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors approved the following dividends for the second quarter, 2010:
-- 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 June 15, 2010 to shareholders of record on June 1, 2010.
-- A cash dividend of $1.9375 per share of its Non-Cumulative Perpetual Convertible Preferred Stock, Series A. The dividend is payable June 15, 2010 to shareholders of record on May 28, 2010.
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $95 billion at March 31, 2010. Key companies provide investment management, retail and commercial banking, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. In 2009, KeyBank was awarded its seventh consecutive "Outstanding" rating for economic development achievements under the Community Reinvestment Act, the only national bank among the 50 largest in the United States to achieve this distinction from the Office of the Comptroller of the Currency. Key has also been recognized for excellence in numerous areas of the multi-channel customer banking experience, including Corporate Insight's 2009 Bank Monitor for online service. For more information about Key, visit https://www.key.com/.
Note to Editors: For up-to-date company information, media contacts and facts and figures about Key lines of business, visit http://key.com/newsroom to view our Media Newsroom.
SOURCE KeyCorp
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