KeyCorp's (KEY) Dividend History: What Makes It Stand Out Under $20

KeyCorp (NYSE:KEY) is included among the 13 Best Dividend Stocks to Buy Under $20.

The company reported strong earnings in the first quarter of 2025. It posted a 16% increase in revenue compared to the same period last year, while expenses remained largely unchanged. This resulted in both absolute and fee-based positive operating leverage on a year-over-year basis. On a sequential basis, net interest income rose by 4%, and the net interest margin improved by 17 basis points, reaching 2.58%.

These strong financial results reflected ongoing momentum with both existing clients and new prospects. Client deposits grew by 4% compared to the previous year, and deposit betas showed continued improvement. Commercial loans increased by $1.2 billion since the end of the year. KeyCorp (NYSE:KEY) also continued to make solid progress across its strategic, fee-generating segments, including wealth management, commercial payments, and investment banking.

KeyCorp (NYSE:KEY) has a strong dividend policy as the company has paid uninterrupted dividends to shareholders since 1985. Currently, it offers a quarterly dividend of $0.205 per share and has a dividend yield of 4.43%, as of July 21.

While we acknowledge the potential of KEY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.