KeyCorp

KEY

Financial Services · Banks - Regional · Stock · quarterly payer

$21.08

Undervalued · +42% Add to Portfolio

Forward Yield

3.89%

Annual Dividend

$0.82

Payout Ratio

48%

5-Yr Growth

2.1%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about KEY's dividend

Data as of Oct 25, 2026 · Source: SmarterDividends data

As of Oct 25, 2026, KeyCorp (KEY) has a forward dividend yield of 3.89%, based on an annual dividend of $0.82 per share and a share price of $21.08.
As of Oct 25, 2026, KEY's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
KEY last cut its regular dividend in 2009.
KEY's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.21 per share.
As of Oct 25, 2026, KEY pays out 48% of its trailing 12-month earnings as dividends (its payout ratio).
KEY's dividend has grown at an average rate of 2.1% a year over the past five years.
As of Oct 25, 2026, KEY's 3.89% yield is 19% below its five-year average yield of 4.78%.
As of Oct 25, 2026, SmarterDividends' blended fair-value estimate for KEY is $30.01 per share, 42% above the $21.08 share price, so KEY screens as undervalued.
KeyCorp (KEY) pays its dividend quarterly, 4 times a year.
KeyCorp (KEY) has raised its regular dividend 34 times and cut it 3 times across the 155 payments on record since 1987. Its most recent change was a 5.1% increase to $0.205 per share, going ex-dividend on Nov 28, 2022. The last cut went ex-dividend on May 29, 2009.

Cite this page

SmarterDividends, "KEY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 25, 2026, https://smarterdividends.com/stocks/KEY

Summary

As of Oct 25, 2026, KeyCorp (KEY) yields 3.89% ($0.82 a year per share) and has a dividend safety grade of A (85/100).

Is KEY a good dividend stock?

Yes

KeyCorp (KEY) pays a quarterly dividend yielding 3.89% ($0.82/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Comfortable payout ratio (48%)
Top-tier dividend safety score

Risks

Cut its dividend in 2009
Share price is down over the past 5 years

Key Data

Dividend Yield: 3.89%
Payout Ratio: 48%
Annual Dividend: $0.82
5-Yr Avg Growth: 2.1%
Ex-Dividend Date: Sep 1, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 1.09
Market Cap: $22.5B
P/E Ratio: 12.3
5-Yr Total Return: -6%
52-Week Range: $16.91 – $24.07
Dividend Safety: A · 85/100
Ever Cut?: Yes (2009)

KEY dividend raises and cuts

KeyCorp (KEY) has raised its regular dividend 34 times and cut it 3 times across the 155 payments on record since 1987. Its most recent change was a 5.1% increase to $0.205 per share, going ex-dividend on Nov 28, 2022. The last cut went ex-dividend on May 29, 2009.

Ex-date	Change	Old → new	Move
Nov 28, 2022	Raise	$0.195 → $0.205	+5.1%
Nov 29, 2021	Raise	$0.185 → $0.195	+5.4%
Aug 26, 2019	Raise	$0.170 → $0.185	+8.8%
Aug 27, 2018	Raise	$0.120 → $0.170	+41.7%
May 25, 2018	Raise	$0.105 → $0.120	+14.3%
Nov 27, 2017	Raise	$0.0950 → $0.105	+10.5%
May 25, 2017	Raise	$0.0850 → $0.0950	+11.8%
May 26, 2016	Raise	$0.0750 → $0.0850	+13.3%
May 29, 2015	Raise	$0.0650 → $0.0750	+15.4%
May 22, 2014	Raise	$0.0550 → $0.0650	+18.2%
May 23, 2013	Raise	$0.0500 → $0.0550	+10.0%
May 24, 2012	Raise	$0.0300 → $0.0500	+66.7%

Show all 37 changes since 1988

Ex-date	Change	Old → new	Move
May 26, 2011	Raise	$0.0100 → $0.0300	+200.0%
May 29, 2009	Cut	$0.0630 → $0.0100	−84.1%
Nov 28, 2008	Cut	$0.188 → $0.0630	−66.5%
Aug 28, 2008	Cut	$0.375 → $0.188	−49.9%
Feb 29, 2008	Raise	$0.365 → $0.375	+2.7%
Feb 23, 2007	Raise	$0.345 → $0.365	+5.8%
Feb 24, 2006	Raise	$0.325 → $0.345	+6.2%
Feb 25, 2005	Raise	$0.310 → $0.325	+4.8%
Feb 27, 2004	Raise	$0.305 → $0.310	+1.6%
Feb 28, 2003	Raise	$0.300 → $0.305	+1.7%
Mar 1, 2002	Raise	$0.295 → $0.300	+1.7%
Feb 23, 2001	Raise	$0.280 → $0.295	+5.4%
Feb 25, 2000	Raise	$0.260 → $0.280	+7.7%
Feb 26, 1999	Raise	$0.235 → $0.260	+10.6%
Feb 12, 1998	Raise	$0.210 → $0.235	+11.9%
Feb 28, 1997	Raise	$0.190 → $0.210	+10.5%
May 31, 1996	Raise	$0.180 → $0.190	+5.6%
Feb 22, 1995	Raise	$0.160 → $0.180	+12.5%
May 24, 1994	Raise	$0.129 → $0.160	+24.4%
Mar 25, 1993	Raise	$0.108 → $0.129	+19.2%
Mar 25, 1992	Raise	$0.0996 → $0.108	+8.3%
Jun 24, 1991	Raise	$0.0941 → $0.0996	+5.9%
Jun 25, 1990	Raise	$0.0885 → $0.0941	+6.3%
Jun 26, 1989	Raise	$0.0830 → $0.0885	+6.7%
Mar 25, 1988	Raise	$0.0775 → $0.0830	+7.1%

Every KEY payment →Download every raise and cut (CSV)

KEY ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →KEY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is KEY a good dividend stock?

Yes. KeyCorp (KEY) pays a quarterly dividend yielding 3.89% ($0.82/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is KEY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KEY's fair value is about $30.01 versus a $21.08 share price — so it looks undervalued (+42% vs. fair value).

Is KEY's dividend safe?

KEY has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is KEY's fair value?

Our blended fair-value estimate for KEY is about $30.01 per share, roughly 42% above the current $21.08 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is KEY a buy, hold, or sell?

We don't issue formal ratings, but on the data KEY screens as "yes" and undervalued. KeyCorp (KEY) pays a quarterly dividend yielding 3.89% ($0.82/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will KEY cut its dividend?

KEY earns a dividend-safety grade of A (85/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does KEY pay a dividend?

Yes. KeyCorp pays a quarterly dividend of about $0.82 per share annually, a forward yield of roughly 3.89%.

What is KEY's dividend yield?

As of Oct 25, 2026, KEY's forward dividend yield is 3.89%, based on a $0.82 annual dividend and a $21.08 share price.

What is KEY's dividend per share?

As of Oct 25, 2026, KEY pays $0.82 per share per year, distributed on a quarterly basis.

What is KEY's dividend payout ratio?

As of Oct 25, 2026, KEY's payout ratio is 48% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has KEY grown its dividend?

KEY does not currently have a long dividend-growth streak on record.

When is the next KEY ex-dividend date?

As of Oct 25, 2026, KEY's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.21 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full KEY dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 1, 2026	Sep 15, 2026	$0.2050	regular
Jun 2, 2026	Jun 15, 2026	$0.2050	regular
Mar 3, 2026	Mar 13, 2026	$0.2050	regular
Dec 2, 2025	Dec 15, 2025	$0.2050	regular
Sep 2, 2025	Sep 15, 2025	$0.2050	regular
May 27, 2025	Jun 13, 2025	$0.2050	regular
Mar 4, 2025	Mar 14, 2025	$0.2050	regular
Dec 3, 2024	Dec 13, 2024	$0.2050	regular
Aug 27, 2024	Sep 13, 2024	$0.2050	regular
May 24, 2024	Jun 14, 2024	$0.2050	regular
Feb 26, 2024	Mar 15, 2024	$0.2050	regular
Nov 27, 2023	Dec 15, 2023	$0.2050	regular
Aug 28, 2023	Sep 15, 2023	$0.2050	regular
May 26, 2023	Jun 15, 2023	$0.2050	regular