KeyCorp
KEYFinancial Services · Stock · quarterly payer
Forward Yield
3.70%
Annual Dividend
$0.82
Payout Ratio
48%
5-Yr Growth
2.1%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of September 2026, KeyCorp (KEY) yields 3.70% ($0.82 per share annually), with a blended fair-value estimate of $38.39 — +73% upside, so it screens as undervalued. Dividend safety grade: A (85/100).
Is KEY a good dividend stock?
YesKeyCorp (KEY) pays a quarterly dividend yielding 3.70% ($0.82/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (48%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 3.70%
- Payout Ratio
- 48%
- Annual Dividend
- $0.82
- 5-Yr Avg Growth
- 2.1%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.02
- Market Cap
- $23.3B
- P/E Ratio
- 12.7
- 5-Yr Total Return
- 3%
- 52-Week Range
- $16.47 – $24.07
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
KEY Price — Last 12 Months
Daily close
Price Return
1 Year
+19%
3 Years
+106%
5 Years
+3%
52-Week Range
$16.47 – $24.07
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KEY worth?
Undervaluedmedium confidenceOur blended fair-value estimate for KeyCorp is $38.39 per share, versus a market price of $22.18. That implies 73% of upside — a margin of safety of about 42%.
Fair Value
$38.39
Current Price
$22.18
Upside
+73%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 9.5% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.4% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $1.71 EPS, $0.82 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KEY Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | — | $0.2050 | regular |
| Jun 2, 2026 | — | $0.2050 | regular |
| Mar 3, 2026 | — | $0.2050 | regular |
| Dec 2, 2025 | — | $0.2050 | regular |
| Sep 2, 2025 | — | $0.2050 | regular |
| May 27, 2025 | — | $0.2050 | regular |
| Mar 4, 2025 | — | $0.2050 | regular |
| Dec 3, 2024 | — | $0.2050 | regular |
| Aug 27, 2024 | — | $0.2050 | regular |
| May 24, 2024 | — | $0.2050 | regular |
| Feb 26, 2024 | — | $0.2050 | regular |
| Nov 27, 2023 | — | $0.2050 | regular |
| Aug 28, 2023 | — | $0.2050 | regular |
| May 26, 2023 | — | $0.2050 | regular |
Income Calculator
At $0.82 / yr per share
