How To Earn $500 A Month From KeyCorp Stock Ahead Of Q3 Earnings

KeyCorp (NYSE:KEY) will release earnings results for its third quarter before the opening bell on Thursday, Oct. 17.

Analysts expect the Cleveland, Ohio-based company to report quarterly earnings at 15 cents per share, down from 29 cents per share in the year-ago period. KeyCorp projects to report revenue of $1.27 billion for the recent quarter, compared to $1.56 billion a year earlier, according to data from Benzinga Pro.

On Monday, Baird analyst David George downgraded KeyCorp from Outperform to Neutral and lowered the price target from $18 to $17.

With the recent buzz around KeyCorp, some investors may be eyeing potential gains from the company's dividends too. As of now, KeyCorp offers an annual dividend yield of 4.62%, which is a quarterly dividend amount of 20.5 cents per share (82 cents a year).

To figure ...