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

Kilroy Realty Corporation (NYSE:KRC) announced a quarterly dividend on Tuesday, May 19th. Shareholders 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) annualized dividend and a yield of 5.7%. The ex-dividend date is Tuesday, June 30th.

Kilroy Realty has raised its dividend payment by an average of 0.0%annually over the last three years. Kilroy Realty has a 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. Equities analysts expect Kilroy Realty to earn $3.48 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 62.1%.

Kilroy Realty Price Performance

Shares of KRC stock opened at $37.98 on Friday. Kilroy Realty has a 1 year low of $27.36 and a 1 year high of $45.03. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.84. The firm’s 50 day moving average is $35.00 and its 200-day moving average is $34.09. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 20.87 and a beta of 1.14.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results 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). Kilroy Realty had a net margin of 19.59% and a return on equity of 3.89%. The company had revenue of $270.05 million during the quarter, compared to analyst estimates of $263.08 million. During the same period in the prior year, the business earned $1.02 EPS. The business’s revenue for the quarter was down .3% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Sell-side analysts forecast that Kilroy Realty will post 3.59 EPS for the current fiscal year.

About Kilroy Realty

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.