Kilroy Realty Corporation (NYSE:KRC) to Issue $0.54 Quarterly Dividend

Kilroy Realty Corporation (NYSE:KRC) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Tuesday, March 31st will be paid a dividend of 0.54 per share by the real estate investment trust on Wednesday, April 8th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Tuesday, March 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% 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 $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 Stock Performance

Shares of KRC traded up $0.49 during mid-day trading on Wednesday, hitting $31.51. 1,052,876 shares of the company’s stock were exchanged, compared to its average volume of 2,086,527. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 0.81. Kilroy Realty has a 52 week low of $27.07 and a 52 week high of $45.03. The stock’s 50-day simple moving average is $35.91 and its 200-day simple moving average is $39.50. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 13.64 and a beta of 1.10.

Kilroy Realty (NYSE:KRC) last issued its quarterly earnings results on Monday, February 9th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.88). The company had revenue of $272.19 million for the quarter, compared to analyst estimates of $270.21 million. Kilroy Realty had a return on equity of 4.91% and a net margin of 24.82%.The company’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 EPS. Kilroy Realty has set its FY 2026 guidance at 3.250-3.450 EPS. On average, equities research 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.