CLEVELAND, Jan. 14 /PRNewswire-FirstCall/ -- KeyCorp (NYSE: KEY) announced today that its Board of Directors approved the following dividends for the first quarter, 2010:

    --  A regular cash dividend of $0.01 per share of its common shares, or
        $0.04 per share on an annualized basis.  The dividend is payable Mar.
        15, 2010 to shareholders of record on Mar. 2, 2010.
    --  A cash dividend of $1.9375 per share of its Non-Cumulative Perpetual
        Convertible Preferred Stock, Series A. The dividend is payable Mar. 15,
        2010 to shareholders of record on Feb. 26, 2010.

In addition, the Board of Directors has determined that the KeyCorp 2010 Annual Shareholders Meeting will be held at 8:30 a.m. on May 20, 2010.

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $97 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://www.key.com/.

Newsroom: www.key.com/newsroom

INVESTOR RELATIONS: www.key.com/ir

SOURCE KeyCorp