About this security
KEY-P-L is a 6.2% non-cumulative perpetual preferred stock issued by KEYCORP /NEW/, a Banks issuer. $25 liquidation preference, current yield 6.21%, callable from 2027-12-15.
KEYCORP /NEW/: KeyCorp is a Cleveland, Ohio-based bank holding company and one of the largest bank-based financial services companies in the United States, with approximately $184.4 billion in consolidated total assets as of December 31, 2025. Its principal subsidiary, KeyBank National Association, delivers retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing, and investment banking products to individual, corporate, and institutional clients. As of the same date, KeyBank operated 940 full-service retail branches and 1,120 ATMs across 15 states, supplemented by online, mobile, and telephone banking channels. ↗
Key Stats ✓ terms from SEC 424B5 — verify via link below consistency checks passed — not source-verified
vs. Banks category (74 issues): yield 6.21% vs avg 6.69% · discount -0.2% vs avg -13.3%
Quote
| KEY-P-L (preferred) | KEY (common) | |
|---|---|---|
| Last | $24.94 | $22.70 |
| Change | — | — |
| Open | $24.93 | $22.57 |
| High / Low | $24.98 / $24.80 | $22.79 / $22.50 |
| Prev Close | — | — |
| Volume | 29,773 | 12,028,770 |
| 52-Week High / Low | $25.94 / $23.73 | $23.34 / $15.46 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-06-01 | $0.387500 |
| 2026-03-02 | $0.387500 |
| 2025-12-01 | $0.387500 |
| 2025-09-02 | $0.387500 |
| 2025-06-02 | $0.387500 |
| 2025-03-03 | $0.387500 |
| 2024-12-02 | $0.387500 |
| 2024-09-03 | $0.387500 |
| 2024-06-03 | $0.387500 |
| 2024-02-28 | $0.387500 |
| 2023-11-29 | $0.387500 |
| 2023-08-30 | $0.387500 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
We are offering 24,000,000 depositary shares, each representing a 1/40th ownership interest in a share of our Fixed Rate Reset Perpetual Non-Cumulative Preferred Stock, Series H, par value $1.00 per share, with a liquidation preference of $1,000 per share (equivalent to $25 per depositary share) (the "Series H Preferred Stock").
Use of proceeds: Net proceeds of approximately $591.1 million (after deducting estimated expenses and the underwriting discount); the use-of-proceeds sentence is cut off in the provided text.
Other Securities from KEYCORP /NEW/
| Symbol | Type | Coupon | Price | Yield |
|---|---|---|---|---|
| KEY-P-I | preferred | 6.125% | 25.06 | 6.11% |
| KEY-P-J | preferred | 5.650% | 20.71 | 6.82% |
| KEY-P-K | preferred | 5.625% | 20.58 | 6.83% |
News — KEYCORP /NEW/
- KEY Reinstated by Stephens & Co. -- Rating Adjusted to Overweight — gurufocus.com · Jun 15, 2026
- Investment Analysts’ New Coverage for June 15th (BRAI, CFG, DD, ESE, FITB, HBAN, KDK, KEY, LCLN, PNC) — thelincolnianonline.com · Jun 15, 2026
- Roku (NASDAQ:ROKU) Sees Strong Trading Volume on Analyst Upgrade — thelincolnianonline.com · Jun 15, 2026
- Crescent Energy (NYSE:CRGY) Shares Gap Down – Here’s Why — thelincolnianonline.com · Jun 15, 2026
- Patterson-UTI Energy (NASDAQ:PTEN) Shares Gap Down – Here’s What Happened — thelincolnianonline.com · Jun 15, 2026
- Regional Banks Stocks Q1 In Review: KeyCorp (NYSE:KEY) Vs Peers — finance.yahoo.com · Jun 15, 2026
- Podcast Connects Leadership Lessons to Community Impact Through KeyBank-Thorns Partnership — accessnewswire.com · Jun 15, 2026
- Brixmor Property Group (NYSE:BRX) Sets New 12-Month High After Analyst Upgrade — thelincolnianonline.com · Jun 15, 2026
Issuer news via Tiingo, tagged to KEY.