KeyCorp lifts dividend by 10 percent to 5.5 cents

Bank KeyCorp lifts dividend by half a cent, or 10 percent, to 5.5 cents

Associated Press

CLEVELAND (AP) -- KeyCorp said Thursday that its board approved a 10 percent increase to the bank's dividend, raising it to 5.5 cents.

The parent of KeyBank, which is based in Cleveland, last raised its dividend a year ago.

The dividend will be paid on June 14 to shareholders as of May 28.

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