Kilroy Realty Corp (NYSE:KRC) declared a quarterly dividend on Tuesday, December 12th, RTT News reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.425 per share by the real estate investment trust on Friday, January 12th. This represents a $1.70 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Thursday, December 28th.
Kilroy Realty has increased its dividend by an average of 1.2% per year over the last three years. Kilroy Realty has a dividend payout ratio of 48.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Kilroy Realty to earn $3.72 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 45.7%.
Shares of Kilroy Realty (NYSE KRC) opened at $73.57 on Friday. Kilroy Realty has a 12 month low of $67.00 and a 12 month high of $78.33. The firm has a market capitalization of $7,175.02, a price-to-earnings ratio of 48.40, a PEG ratio of 2.87 and a beta of 0.79. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.63.
KRC has been the topic of a number of recent analyst reports. Goldman Sachs Group initiated coverage on Kilroy Realty in a report on Tuesday, September 19th. They set a “neutral” rating and a $70.00 target price on the stock. Zacks Investment Research cut Kilroy Realty from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Stifel Nicolaus restated a “buy” rating and set a $77.00 target price on shares of Kilroy Realty in a report on Thursday, September 21st. KeyCorp restated a “hold” rating on shares of Kilroy Realty in a report on Friday, August 25th. Finally, J P Morgan Chase & Co cut Kilroy Realty from an “overweight” rating to a “neutral” rating and set a $79.00 price objective on the stock. in a report on Friday, December 15th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. Kilroy Realty has a consensus rating of “Hold” and a consensus price target of $77.63.
ILLEGAL ACTIVITY NOTICE: This report was originally reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.com-unik.info/2017/12/23/kilroy-realty-corp-krc-to-go-ex-dividend-on-december-28th.html.
About Kilroy Realty
Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.
Receive News & Ratings for Kilroy Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kilroy Realty and related companies with MarketBeat.com's FREE daily email newsletter.