Kilroy Realty hikes dividend by 3.8%

On September 8, 2022, Kilroy Realty Corporation (KRC) declared a $0.54 per share quarterly dividend, up 3.8% from the previous quarterly dividend of $0.52 per share. The West Coast landlord now has raised its dividend 7 consecutive years.

The next quarterly KRC dividend of $0.54 per share is payable on October 12, 2022 to stockholders of record on September 30, 2022.  The new dividend rate of $2.16 per share for Kilroy Realty yields 4.3% at a stock price of $50.33.

Kilroy Realty Corporation, a REIT, is one of the West Coast’s premier landlords. The company's tenants include technology, entertainment, digital media and health care companies. Kilroy owns office space and residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle.Kilroy Realty Corporation has been paying a dividend to shareholders every year since 1997.