Price of Key down from 39.90 12 month high to current 22+. Yields 6.4% o...

Suggestion by Topcruser on 2007-12-17 18:16:16

Price of Key down from 39.90 12 month high to current 22+. Yields 6.4% on $1.46 dividend.Key has long record on raising dividend. Sold off subprime related mortgage businesses in 2006 and early 2007. Good credit quality of loan portfolio. Good value to ride through volatile market period

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12/20/07 After market close, Key announces dividend increase to $1.50 annual rate(+2.7%). Affirmed that they got out of subprime market late 2006 and early 2007. Will report $.05 loss for 4thQ 2007.

Stock yields 6.8% on new dividend.

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