CLEVELAND, Oct. 20, 2016 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors declared a dividend of $0.539063 per share on the corporation's Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock, Series C, payable on November 15, 2016 to holders of record as of the close of business on November 4, 2016, for the period commencing on (and including) August 15, 2016 to (but excluding) November 15, 2016.

About KeyCorp

KeyCorp's (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies with assets of approximately $101 billion as of June 30, 2016. The acquisition of First Niagara Financial Group, which became effective on August 1, 2016, added assets of approximately $40 billion, based on June 30, 2016 balances. Key provides deposit, lending, cash management, insurance, and investment services to individuals and small and mid-sized businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit www.key.com. KeyBank is Member FDIC.

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SOURCE KeyCorp