Kilroy Realty Maintains Dividend at $0.35

Real estate investment trust Kilroy Realty  (NYSE: KRC  )  announced yesterday its second-quarter dividend of $0.35 per share, the same rate it's paid since 2009.

The board of directors said the quarterly dividend is payable on July 17 to the holders of record at the close of business on June 28. The REIT has made a quarterly payout every year since 1997.

The board also declared dividends for its two classes of preferred shares. On the 6.875% Series G cumulative redeemable preferred stock it will pay a dividend of $0.4296875 per share. For the 6.375% Series H cumulative redeemable preferred stock Kilroy will pay a dividend of $0.3984375 per share. Both preferred dividends will be payable on August 15 to shareholders of record on July 31.

The regular dividend payment equates to a $1.40-per-share annual dividend, yielding 2.4% based on the closing price of Kilroy Realty's stock on May 23.

KRC Dividend Chart

KRC Dividend data by YCharts


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2452336, ~/Articles/ArticleHandler.aspx, 4/24/2014 11:39:14 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement