KKR Real Estate Finance Trust Inc. Tax Treatment of 2024 Dividends
KKR Real Estate Finance Trust (KREF) has announced the tax treatment of its 2024 dividends for both common stock and Series A Preferred Stock. For common stock, KREF will distribute total dividends of $1.18 per share across four payments: $0.43 (January), and three payments of $0.25 (April, July, and October). These distributions are classified as return of capital.
For the 6.50% Series A Preferred Stock, quarterly payments of $0.40625 will be made in March, June, September, and December, totaling $1.62500 per share for 2024. Of this amount, $1.50388 is classified as ordinary dividends, while $0.12112 represents return of capital. The ordinary dividends may qualify for the 20% deduction under IRC Section 199A(b)(1)(B).
KKR Real Estate Finance Trust (KREF) ha annunciato il trattamento fiscale dei suoi dividendi per il 2024 sia per le azioni ordinarie che per le azioni privilegiate di Serie A. Per le azioni ordinarie, KREF distribuirà dividendi totali di $1.18 per azione in quattro pagamenti: $0.43 (gennaio) e tre pagamenti di $0.25 (aprile, luglio e ottobre). Queste distribuzioni sono classificate come rimborso di capitale.
Per le azioni privilegiate di Serie A con cedola del 6,50%, verranno effettuati pagamenti trimestrali di $0.40625 a marzo, giugno, settembre e dicembre, per un totale di $1.62500 per azione per il 2024. Di questo importo, $1.50388 è classificato come dividendi ordinari, mentre $0.12112 rappresenta il rimborso di capitale. I dividendi ordinari potrebbero qualificarsi per la deduzione del 20% ai sensi della Sezione 199A(b)(1)(B) del codice IRC.
KKR Real Estate Finance Trust (KREF) ha anunciado el tratamiento fiscal de sus dividendos de 2024 tanto para acciones ordinarias como para acciones preferentes de la Serie A. Para las acciones ordinarias, KREF distribuirá un total de dividendos de $1.18 por acción en cuatro pagos: $0.43 (enero) y tres pagos de $0.25 (abril, julio y octubre). Estas distribuciones se clasifican como reembolso de capital.
Para las acciones preferentes de la Serie A con un 6.50%, se realizarán pagos trimestrales de $0.40625 en marzo, junio, septiembre y diciembre, totalizando $1.62500 por acción para 2024. De este monto, $1.50388 se clasifica como dividendos ordinarios, mientras que $0.12112 representa reembolso de capital. Los dividendos ordinarios pueden calificar para la deducción del 20% bajo la Sección 199A(b)(1)(B) del código IRC.
KKR 부동산 금융 신탁 (KREF)은 보통주 및 A시리즈 우선주에 대한 2024년 배당금의 세금 처리를 발표했습니다. 보통주에 대해 KREF는 총 주당 $1.18의 배당금을 네 번에 걸쳐 지급할 예정입니다: $0.43(1월) 및 $0.25(4월, 7월, 10월) 세 차례. 이러한 분배는 자본 환급으로 분류됩니다.
6.50% A시리즈 우선주에 대해서는 3월, 6월, 9월, 12월에 각각 $0.40625의 분기별 지급이 이루어져 2024년에는 총 주당 $1.62500에 이를 예정입니다. 이 중 $1.50388은 일반 배당금으로 분류되며, $0.12112는 자본 환급을 나타냅니다. 일반 배당금은 IRC 섹션 199A(b)(1)(B)에 따른 20% 공제 혜택을 받을 수 있습니다.
KKR Real Estate Finance Trust (KREF) a annoncé le traitement fiscal de ses dividendes pour 2024 tant pour les actions ordinaires que pour les actions privilégiées de série A. Pour les actions ordinaires, KREF distribuera des dividendes totaux de $1.18 par action à travers quatre paiements : $0.43 (janvier) et trois paiements de $0.25 (avril, juillet et octobre). Ces distributions sont classées comme un retour de capital.
Pour les actions privilégiées de série A avec un taux de 6,50%, des paiements trimestriels de $0.40625 seront effectués en mars, juin, septembre et décembre, totalisant $1.62500 par action pour 2024. De ce montant, $1.50388 est classé comme des dividendes ordinaires, tandis que $0.12112 représente un retour de capital. Les dividendes ordinaires peuvent être éligibles pour une déduction de 20% en vertu de la section 199A(b)(1)(B) du IRC.
KKR Real Estate Finance Trust (KREF) hat die steuerliche Behandlung seiner Dividenden für 2024 sowohl für Stammaktien als auch für Serie A Vorzugsaktien bekannt gegeben. Für Stammaktien wird KREF insgesamt $1.18 pro Aktie in vier Zahlungen ausschütten: $0.43 (Januar) und drei Zahlungen von $0.25 (April, Juli und Oktober). Diese Ausschüttungen werden als Kapitalrückzahlung klassifiziert.
Für die 6.50% Serie A Vorzugsaktien werden vierteljährliche Zahlungen von $0.40625 im März, Juni, September und Dezember geleistet, was insgesamt $1.62500 pro Aktie für 2024 ergibt. Davon sind $1.50388 als gewöhnliche Dividenden klassifiziert, während $0.12112 als Kapitalrückzahlung gilt. Die gewöhnlichen Dividenden könnten gemäß § 199A(b)(1)(B) des IRC für die 20%ige Abzugsermäßigung qualifizieren.
- Consistent quarterly dividend payments maintained for both common and preferred stock
- Series A Preferred Stock provides higher annual dividend yield ($1.62500) compared to common stock ($1.18)
- 92.5% of Series A Preferred Stock dividends qualify as ordinary dividends, potentially eligible for 20% tax deduction
- Common stock dividend reduced from $0.43 to $0.25 for subsequent quarters
- 100% of common stock dividends classified as return of capital, indicating earnings did not cover distributions
| Tax Treatment of 2024 Common Stock Dividends | ||||||||||||||||
| Record Date | Payment Date | Cash Distribution |
Adjustment | Total Distribution |
Ordinary Dividends |
Qualified Dividends |
Capital Gain Dividends |
Return of Capital |
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| December 29, 2023 | January 12, 2024 |
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| March 28, 2024 | April 15, 2024 |
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| June 28, 2024 | July 15, 2024 |
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| September 30, 2024 | October 15, 2024 |
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| Tax Treatment of 2024 Series A Preferred Stock Dividends | ||||||||||||||||
| Record Date | Payment Date | Cash Distribution |
Adjustment | Total Distribution |
Ordinary Dividends(1) |
Qualified Dividends |
Capital Gain Dividends |
Return of Capital |
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| February 29, 2024 | March 15, 2024 |
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| May 31, 2024 | June 14, 2024 |
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| August 30, 2024 | September 13, 2024 |
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| November 29, 2024 | December 13, 2024 |
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(1) |
Ordinary dividends may be eligible for the |
About KKR Real Estate Finance Trust Inc.
KKR Real Estate Finance Trust Inc. is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250131879601/en/
Investor Relations:
Jack Switala
(212) 763-9048
kref-ir@kkr.com
Media:
Miles Radcliffe-Trenner
Tel: (212) 750-8300
media@kkr.com
Source: KKR Real Estate Finance Trust Inc.
FAQ
What is the total dividend amount for KREF common stock in 2024?
How are KREF's 2024 common stock dividends classified for tax purposes?
What is the quarterly dividend amount for KREF's Series A Preferred Stock?
How much of KREF's Series A Preferred Stock dividends qualify as ordinary dividends?
When are KREF's common stock dividend payment dates in 2024?
