KeyCorp’s (NYSE: KEY) Board of Directors has declared dividends for Q3 2021. The company announced a cash dividend of $0.185 for each share of the company’s outstanding common shares. The dividends will be payable to shareholders on record August 31, 2021, on September 15, 2021.
KeyCorp Declares dividend
Also, the company declared a dividend of $312.7 per share on the company’s outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Series D Stock. Equally, KeyCorp will pay a dividend of $15.3125 per outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Series E Shares, $14.125 per outstanding Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Series F shares, and $14.0625 per Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Series G shares. The amount will be payable in September to holders that will be on record as of (including) August 31, 2021, for the period starting June 15, 2021, to (excluding) September 15, 2021, for all the categories.
KeyBanc expands Utilities, Power and Renewable Group.
KeyCorp’s corporate and investment banking division, KeyBanc Capital Markets, has announced that it is expanding the Utilities, Power, and Renewable Group by adding a six-person renewable energy investment banking team. The team has been leading the provision of strategic acquisition and merger services in the US clean energy sector.
The team based in the San Francisco officers comprises Timothy Beach, Julian Bailliet, Oliver Jansen, and Ari Citrin, who will join as KeyBanc as managing directors. In contrast, Bill Chamberlain will join as VP and Mark Dondero as a director.
KeyBanc’s Utilities, Power & Renewable Energy Group head Andy Redinger said, We are committed to expanding our top-ranked renewable energy practice. The addition of this highly successful mergers & acquisition (M&A) team, which will further help broaden our offering and better serve our clients, is an important step towards that commitment.”