Kilroy Realty Corporation (KRC) to Issue Quarterly Dividend of $0.54 on January 7th

Kilroy Realty Corporation (NYSE:KRC) declared a quarterly dividend on Tuesday, November 18th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.54 per share by the real estate investment trust on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Wednesday, December 31st.

Kilroy Realty has raised its dividend payment by an average of 0.0%per year over the last three years. Kilroy Realty has a payout ratio of 284.2% indicating that 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 $4.15 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 52.0%.

Kilroy Realty Trading Up 0.1%

Shares of Kilroy Realty stock opened at $38.06 on Monday. Kilroy Realty has a 1 year low of $27.07 and a 1 year high of $45.03. The company’s fifty day simple moving average is $40.98 and its 200-day simple moving average is $39.72. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 14.04 and a beta of 1.07. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.81.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, October 27th. The real estate investment trust reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.09. The firm had revenue of $279.74 million during the quarter, compared to the consensus estimate of $271.24 million. Kilroy Realty had a net margin of 28.68% and a return on equity of 5.75%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. Kilroy Realty has set its FY 2025 guidance at 4.180-4.240 EPS. As a group, sell-side analysts expect that Kilroy Realty will post 4 EPS for the current year.

Kilroy Realty Company Profile

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.