Kite Realty Group Trust (KRG) Declares $0.08 Quarterly Dividend; Update on Quarterly Rent Collections and Repayment of Line of Credit

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Go back to Kite Realty Group Trust (KRG) Declares $0.08 Quarterly Dividend; Update on Quarterly Rent Collections and Repayment of Line of Credit

Kite Realty Group Trust Announces Quarterly Common Dividend, Update on Quarterly Rent Collections and Repayment of Line of Credit

September 14, 2020 7:31 AM EDT

INDIANAPOLIS, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.08 per common share for the quarter ending September 30, 2020. This distribution will be paid on or about October 9, 2020, to shareholders of record as of October 2, 2020.

As of September 11, 2020, KRG has collected over 89% of third quarter (July and August) base rent and recoveries, exclusive of security deposits. An additional 2% of third quarter base rent and recoveries have been contractually deferred. Currently, September rent collections... More