Keycorp (KEY) announces that the Fed has approved its $344M stock repurchase program after it...

|By:, SA News Editor

Keycorp (KEY) announces that the Fed has approved its $344M stock repurchase program after it joined the list of banks with passing grades on the central bank's stress test. The company also says that the board will consider at a meeting in May an increase the quarterly dividend payout to $0.05/share from $0.03/share.