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KeyCorp (KeyCorp) 3-Year Dividend Growth Rate : 3.50% (As of Dec. 2023)


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What is KeyCorp 3-Year Dividend Growth Rate?

KeyCorp's Dividends per Share for the three months ended in Dec. 2023 was $0.21.

The historical rank and industry rank for KeyCorp's 3-Year Dividend Growth Rate or its related term are showing as below:

KEY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -69.9   Med: 9.4   Max: 75.2
Current: 3.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of KeyCorp was 75.20% per year. The lowest was -69.90% per year. And the median was 9.40% per year.

KEY's 3-Year Dividend Growth Rate is ranked worse than
70.22% of 779 companies
in the Banks industry
Industry Median: 7.5 vs KEY: 3.50

During the past 12 months, KeyCorp's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

KeyCorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 6.83. As of today, KeyCorp's Dividend Yield % is 5.48%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of KeyCorp is 1.01, which seems too high.

Warning Sign:

KeyCorp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of KeyCorp's 3-Year Dividend Growth Rate

For the Banks - Regional subindustry, KeyCorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KeyCorp's 3-Year Dividend Growth Rate Distribution in the Banks Industry

For the Banks industry and Financial Services sector, KeyCorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where KeyCorp's 3-Year Dividend Growth Rate falls into.



KeyCorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


KeyCorp  (NYSE:KEY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

KeyCorp's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.205/ 0.03
=6.83

During the past 13 years, the highest Dividend Payout Ratio of KeyCorp was 1.01. The lowest was 0.24. And the median was 0.36.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of KeyCorp is 1.01, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

KeyCorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2052024-02-262024-02-272024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2052023-11-272023-11-282023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2052023-08-282023-08-292023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2052023-05-262023-05-302023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

KeyCorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.82/14.93
=5.49 %

Current Share Price is $14.93.
KeyCorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.82.

During the past 13 years, the highest Dividend Yield of KeyCorp was 8.90%. The lowest was 1.50%. And the median was 2.79%.

Warning Sign:

KeyCorp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KeyCorp 3-Year Dividend Growth Rate Related Terms>


KeyCorp (KeyCorp) Business Description

Industry
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Executives
Douglas M Schosser officer: Chief Accounting Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306
Carlton L Highsmith director C/O NEWALLIANCE BANK, 195 CHURCH STREET, NEW HAVEN CT 06510
Devina A Rankin director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Amy G. Brady officer: Chief Information Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Paine Andrew J Iii officer: Head of Institutional Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Victor B Alexander officer: Head of Consumer Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Gillis Ruth Ann M director 10 SOUTH DEERBORN STREET, 37TH FLOOR, CHICAGO IL 80603
Angela G Mago officer: Head of Commercial Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Allyson M Kidik officer: Chief Risk Review Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Tobin director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brian L Fishel officer: Chief Human Resources Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth C Gavrity officer: Head of Enterprise Payments 127 PUBLIC SQUARE, CLEVELAND OH 44114
Jamie Warder officer: Head of Digital Banking 127 PUBLIC SQUARE, CLEVELAND OH 44114
Trina M Evans officer: Director, Corporate Center 127 PUBLIC SQUARE, CLEVELAND OH 44114

KeyCorp (KeyCorp) Headlines

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