Kilroy Realty Corporation (KRC) to Issue Quarterly Dividend of $0.54 on July 8th

Kilroy Realty Corporation (NYSE:KRCGet Free Report) declared a quarterly dividend on Tuesday, May 19th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.54 per share by the real estate investment trust on Wednesday, July 8th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Tuesday, June 30th.

Kilroy Realty has raised its dividend by an average of 0.0%annually over the last three years. Kilroy Realty has a dividend payout ratio of 284.2% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Kilroy Realty to earn $3.43 per share next year, which means the company should continue to be able to cover its $2.16 annual dividend with an expected future payout ratio of 63.0%.

Kilroy Realty Stock Performance

NYSE:KRC opened at $34.22 on Thursday. The firm has a 50 day simple moving average of $30.81 and a 200-day simple moving average of $35.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.09 and a quick ratio of 2.09. The firm has a market cap of $3.98 billion, a PE ratio of 18.80 and a beta of 1.14. Kilroy Realty has a 1-year low of $27.36 and a 1-year high of $45.03.

Kilroy Realty (NYSE:KRCGet Free Report) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.30). The firm had revenue of $270.05 million during the quarter, compared to analyst estimates of $263.08 million. Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 EPS. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. On average, equities analysts expect that Kilroy Realty will post 3.57 EPS for the current year.

About Kilroy Realty

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Kilroy Realty Corporation (NYSE: KRC) is a publicly traded real estate investment trust focused on the development, acquisition and management of high?quality office and mixed?use properties along the U.S. West Coast. The company’s portfolio encompasses major urban markets including Los Angeles, San Diego, the San Francisco Bay Area and Seattle. Kilroy Realty targets properties in transit?oriented submarkets, blending workplace space with retail, residential and hospitality amenities to create vibrant, walkable neighborhoods.

Founded in the mid?20th century by members of the Kilroy family, the company evolved from a regional landlord into one of the leading West Coast office landlords.

See Also

Dividend History for Kilroy Realty (NYSE:KRC)

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