KeyCorp: Key Developments
KeyCorp Declares Regular Dividends
November 19, 2009 |
| KeyCorp announced that its Board of Directors approved the following dividends for the fourth quarter 2009: a regular cash dividend of $0.01 per share on its common shares, or $0.04 per share on an annualized basis. The dividend is payable December 15, 2009 to shareholders of record on December 1, 2009. A cash dividend of $1.9375 per share on the Company's outstanding 7.750% Non-Cumulative Perpetual Convertible Preferred Stock, Series A. The dividend is payable December 15, 2009, to holders of record on November 30, 2009, for the dividend period commencing on September 15, 2009. |
KeyCorp Comments On H2 2009 Earnings Outlook-Conference Call
September 15, 2009 |
| KeyCorp announced that for the second half of 2009, it continues to expect earnings to be negatively impacted by elevated credit costs. According to Reuters Estimates, analysts on an average are expecting the Company to report net loss of $305 million for the third quarter of 2009 and $301 million for the fourth quarter of 2009. |
KeyCorp Announces Revised Record Date For Series A Preferred Stock Dividend
August 19, 2009 |
| KeyCorp announced that its Board of Directors approved a cash dividend of $1.9375 per share on the Company's outstanding 7.750% Non-cumulative Perpetual Convertible Preferred Stock, Series A. Consistent with the terms of the Series A Preferred Stock, the dividend is payable September 15, 2009, to holders of record on August 31, 2009, for the dividend period commencing on June 15, 2009. The record date was previously incorrectly announced as August 28, 2009. |
Elavon Secures Three Year Extension For KeyCorp Joint Venture
August 18, 2009 |
| Elavon announced that it has extended its joint venture agreement with KeyCorp for KeyBank's merchant referral business. The agreement extends an over 10 year relationship between Elavon and KeyCorp. The extended agreement allows for KeyBank to continue offering white labeled merchant services backed by a company solely dedicated to the payments industry. Elavon's entire, robust solutions offerings are available to KeyBank merchants, from credit and debit processing to Dynamic Currency Conversion, Electronic Check, Gift Card, professional services and free online reporting. |
KeyCorp Announces Third Quarter Dividends
July 20, 2009 |
| KeyCorp announced that its Board of Directors approved the following dividends for the third quarter, 2009: 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 September 15, 2009, to shareholders of record on September 1, 2009. A cash dividend of $1.9375 per share on the Corporation's outstanding 7.750% Non-cumulative Perpetual Convertible Preferred Stock, Series A. The dividend is payable September 15, 2009 to holders of record on August 28, 2009, for the dividend period commencing on June 15, 2009. |
|
|
Recent News