Kilroy Realty (KRC) Raises Quarterly Dividend 7.1% to $0.375; 2.5% Yield

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Go back to Kilroy Realty (KRC) Raises Quarterly Dividend 7.1% to $0.375; 2.5% Yield

Kilroy Realty Increases Common Dividend 7.1%

May 19, 2016 4:32 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.375 per common share payable on July 13, 2016 to stockholders of record on June 30, 2016. The dividend is equivalent to an annual rate of $1.50 per share and is a 7.1% increase from the previous annualized dividend level of $1.40 per share.

The board of directors also declared a dividend of $0.4296875 per share on the companys 6.875% Series G Cumulative Redeemable Preferred Stock for the period commencing on and including May 15, 2016 up to and... More