Kilroy Realty Co. (NYSE:KRC) Announces Quarterly Dividend of $0.52

Kilroy Realty Co. (NYSE:KRC) announced a quarterly dividend on Monday, September 13th, Zacks reports. Shareholders of record on Thursday, September 30th will be given a dividend of 0.52 per share by the real estate investment trust on Wednesday, October 13th. This represents a $2.08 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Wednesday, September 29th. This is an increase from Kilroy Realty’s previous quarterly dividend of $0.50.

Kilroy Realty stock opened at $65.35 on Wednesday. Kilroy Realty has a 1-year low of $45.28 and a 1-year high of $74.05. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.18 and a quick ratio of 3.18. The stock has a market cap of $7.61 billion, a PE ratio of 11.57, a P/E/G ratio of 2.37 and a beta of 0.83. The stock’s fifty day moving average is $67.37 and its two-hundred day moving average is $68.18.

Kilroy Realty (NYSE:KRC) last posted its quarterly earnings results on Tuesday, July 27th. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.08. Kilroy Realty had a return on equity of 12.06% and a net margin of 71.92%. On average, research analysts expect that Kilroy Realty will post 3.78 earnings per share for the current fiscal year.

KRC has been the topic of a number of research analyst reports. Mizuho initiated coverage on Kilroy Realty in a research report on Wednesday, July 14th. They set a “neutral” rating and a $71.00 target price on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on Kilroy Realty from $60.00 to $65.00 and gave the stock a “sell” rating in a research report on Friday, June 25th. Zacks Investment Research upgraded Kilroy Realty from a “sell” rating to a “hold” rating in a research report on Wednesday, July 14th. Finally, Wolfe Research initiated coverage on Kilroy Realty in a research report on Monday, June 14th. They set an “outperform” rating and a $88.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $70.27.

About Kilroy Realty

Kilroy Realty Corp. engages in the development, acquisition, and management of office and mixed-use real estate assets. 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.

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Dividend History for Kilroy Realty (NYSE:KRC)

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