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KEYCORP DECLARES QUARTERLY DIVIDENDS

 KEYCORP DECLARES QUARTERLY DIVIDENDS
 ALBANY, N.Y., April 24 /PRNewswire/ -- The Board of Directors of


KeyCorp (NYSE: KEY) declared a regular quarterly dividend of $.26 per share on its common stock at the directors' meeting held yesterday in Portland, Maine. The dividend is payable July 15, 1992, to shareholders of record June 30, 1992.
 The dividend rate reflects KeyCorp's three-for-two common stock split which became effective on April 15, 1992. Shareholders may now expect to receive cash dividends totalling $1.04 per share on an annual basis.
 The board also declared a quarterly dividend of $.94 per share on KeyCorp's Adjustable Rate Cumulative Preferred Stock, Series A. That dividend is payable on June 30, 1992, to shareholders of record June 16, 1992.
 In addition, the Board declared a quarterly dividend of $.625 per depositary share on KeyCorp's Cumulative Preferred Stock, Series B. That dividend is payable on June 30, 1992, to shareholders of record June 16, 1992.
 KeyCorp, with assets over $22 billion is a multi-regional bank holding company headquartered in Albany, N.Y. It has focused its banking expansion activities in the Northeast and Northwest. As "America's neighborhood bank," KeyCorp pursues a middle-market target concentrating its resources in cities and smaller communities of the northern tier of states, thus avoiding overcrowded marketplaces and single industry loan exposure.
 -0- 4/24/92
 /CONTACT: Lee Irving, 518-486-8579 or 518-479-3273, after hours; or Susan Peterson, 518-486-8258, or 518-587-3008, after hours, both of KeyCorp/
 (KEY) CO: KeyCorp ST: New York IN: FIN SU: DIV


LC -- CL005 -- 2369 04/24/92 10:50 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 24, 1992
Words:260
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/C O R R E C T I O N -- KeyCorp/.

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