5 Best Regional Bank Dividend Stocks to Buy

In this article, we discuss 5 best regional bank dividend stocks to buy. If you want to read our detailed analysis of the banking sector and its performance last year, go directly to read 11 Best Regional Bank Dividend Stocks to Buy. 

5. KeyCorp (NYSE:KEY)

Number of Hedge Fund Holders: 42

KeyCorp (NYSE:KEY) is an American bank holding company, based in Ohio. The company declared a quarterly dividend of $0.205 per share on January 10, which was consistent with its previous dividend. It did not raise its dividend in 2023 after rewarding shareholders with growing dividends for the past 12 consecutive years. However, the company has been paying regular dividends for nearly 30 years. The stock has a dividend yield of 5.90%, as of February 7.

At the end of September 2023, 42 hedge funds in Insider Monkey’s database owned stakes in KeyCorp (NYSE:KEY), compared with 49 in the preceding quarter. These stakes have a collective value of roughly $650 million.