Kilroy Realty (KRC) Raises Quarterly Dividend 13.3% to $0.425; 2.3% Yield

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Go back to Kilroy Realty (KRC) Raises Quarterly Dividend 13.3% to $0.425; 2.3% Yield

Kilroy Realty Increases Common Dividend 13.3%

May 23, 2017 4:25 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 $0.425 per common share payable on July 12, 2017 to stockholders of record on June 30, 2017. The dividend is equivalent to an annual rate of $1.70 per share and is a 13.3% increase from the previous annualized dividend level of $1.50 per share.

The board of directors also declared a dividend of $0.3984375 per share on the companys 6.375% Series H Cumulative Redeemable Preferred Stock for the period commencing on and including May 15, 2017 up to and... More