The ex-dividend date for KeyCorp (NYSE:KEY) is tomorrow, May 23, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $10.86 as of 9:30 a.m., the dividend yield is 2%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for KeyCorp (NYSE: KEY) is tomorrow, May 23, 2013. Owners of shares as of market close today will be eligible for a dividend of 6 cents per share. At a price of $10.86 as of 9:30 a.m. ET, the dividend yield is 2%. The average volume for KeyCorp has been 11.6 million shares per day over the past 30 days. KeyCorp has a market cap of $9.99 billion and is part of the financial sector and banking industry. Shares are up 29% year to date as of the close of trading on Tuesday. KeyCorp operates as the holding company for KeyBank National Association that provides various banking services in the United States. The company has a P/E ratio of 12.2, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates KeyCorp as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full KeyCorp Ratings Report. See our dividend calendar or top-yielding stocks list. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.