Friday Is Your Last Chance To Buy KeyCorp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
KeyCorp (NYSE:KEY) has announced a quarterly dividend of 20.5 cents per share, with the ex-dividend date set for Monday. Investors must own the stock before the ex-dividend date to be eligible for the dividend, which will be paid on December 15, 2023. The stock is expected to open 20.5 cents lower on the ex-dividend date.
November 22, 2023 | 2:45 pm
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KeyCorp is set to pay a quarterly dividend of 20.5 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of KeyCorp is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence when stocks go ex-dividend.
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