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The deal was structured as a merger of equals. The merged bank took the KeyCorp name, and operates under the charter of the old KeyCorp. However, Society was the nominal survivor; the merged bank was headquartered in Cleveland and retains Society's pre-1994 stock price history.
The big shareholder groups in KeyCorp (NYSE:KEY) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies.
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KeyCorp is unlocking a little more money to return to its shareholders. The company has declared a quarterly dividend of $0.055 per share of its common stock. This is to be handed out on June 14 ...
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S&P 500 Dividend Aristocrats. The S&P 500 Dividend Aristocrats is a stock market index composed of the companies in the S&P 500 index that have increased their dividends in each of the past 25 consecutive years. It was launched in May 2005.
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The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American equity market by capitalization.