KeyCorp (KEY 2.43%) is continuing to unlock shareholder payouts, declaring a set of dividends for its Q3. The payout for its common stock will be $0.055 per share, to be paid on September 13 to shareholders of record as of August 27. That amount matches the financial service firm's previous distribution; this was paid last month. Prior to that, KeyCorp handed out $0.05 per share.
The company also declared a disbursement of $1.9375 per share for its series A convertible preferred stock. This will be paid on September 16 to holders of record as of August 30.
The just-declared common stock dividend annualizes to $0.22 per share. That yields 1.9% at KeyCorp's most recent closing stock price of $11.79.
