KeyCorp’s (KEY) Dividend History: What Makes It Stand Out Under $20

KeyCorp (NYSE:KEY) is included among the 13 Best Dividend Stocks to Buy Under $20.

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The company reported strong earnings in the first quarter of 2025. It posted a 16% increase in revenue compared to the same period last year, while expenses remained largely unchanged. This resulted in both absolute and fee-based positive operating leverage on a year-over-year basis. On a sequential basis, net interest income rose by 4%, and the net interest margin improved by 17 basis points, reaching 2.58%.

These strong financial results reflected ongoing momentum with both existing clients and new prospects. Client deposits grew by 4% compared to the previous year, and deposit betas showed continued improvement. Commercial loans increased by $1.2 billion since the end of the year. KeyCorp also continued to make solid progress across its strategic, fee-generating segments, including wealth management, commercial payments, and investment banking.

KeyCorp has a strong dividend policy as the company has paid uninterrupted dividends to shareholders since 1985. Currently, it offers a quarterly dividend of $0.205 per share and has a dividend yield of 4.43%, as of July 21.

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