Kilroy Realty Corporation Plans Quarterly Dividend of $0.54 (NYSE:KRC)

Kilroy Realty Corporation (NYSE:KRC) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of 0.54 per share by the real estate investment trust on Wednesday, October 14th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, September 30th.

Kilroy Realty has increased its dividend by an average of 0.0%annually over the last three years. Kilroy Realty has a dividend 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. Research analysts expect Kilroy Realty to earn $3.30 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 65.5%.

Kilroy Realty Stock Performance

NYSE KRC opened at $34.43 on Wednesday. The company’s fifty day moving average is $37.56 and its two-hundred day moving average is $34.62. Kilroy Realty has a 52-week low of $27.36 and a 52-week high of $45.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.65 and a quick ratio of 2.65. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 24.24 and a beta of 1.11.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings data on Monday, July 27th. The real estate investment trust reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.73). Kilroy Realty had a net margin of 15.47% and a return on equity of 3.04%. The company had revenue of $272.37 million for the quarter, compared to analyst estimates of $267.39 million. During the same period in the prior year, the company posted $1.13 EPS. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. Kilroy Realty has set its FY 2026 guidance at 3.490-3.630 EPS. Equities research analysts forecast that Kilroy Realty will post 3.59 EPS for the current year.

About Kilroy Realty

Kilroy Realty Corporation (NYSE: KRC) is a real estate investment trust that owns, develops, acquires and manages office, life science and mixed-use properties. Its portfolio is concentrated in high-demand technology and innovation markets, with properties designed to serve businesses in sectors such as technology, media, entertainment and life sciences.

The company’s operations are primarily focused on coastal markets in the western United States, including the San Francisco Bay Area, Greater Los Angeles and San Diego, as well as the Pacific Northwest.