KeyCorp’s $0.3875 fourth-quarter distribution for its New York Stock Exchange-listed Series H depositary shares makes Nov. 30 the record date, with the next payment due Dec. 15.
KEY.L is the NYSE symbol for the Series H depositary shares. Forty depositary units equal one preferred share; that share has a $1,000 liquidation preference, putting this distribution at $15.50 per underlying share. The amount matches the preceding quarter’s distribution, whose payment date was Sept. 15.
The declared quarter covers the interval ending Dec. 14, which started Sept. 15. Series H’s annual rate stays at 6.2% through Dec. 14, 2027; from Dec. 15, 2027, its formula adds 3.132% to the five-year Treasury yield measured on the reset date. The terms make dividends noncumulative and payable only if KeyCorp’s board declares them.
