Kennedy Wilson Announces Dividend of $0.22 Per Common Share for First Quarter 2021

Rhea-AI Summary

Kennedy Wilson (NYSE: KW) announced a quarterly dividend of $0.22 per share for common shareholders, with a record date of March 31, 2021 and a payment date of April 8, 2021. This dividend represents an annual yield of $0.88 per common share, reflecting the company's ongoing commitment to providing income to its shareholders. Kennedy Wilson is a prominent global real estate investment firm focusing on multifamily and office properties primarily in the Western U.S., U.K., and Ireland.

Positive

• Quarterly dividend of $0.22 per share announced.
• Annual dividend equates to $0.88 per common share, indicating strong shareholder returns.

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• None.

Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.22 per share to common shareholders of record as of March 31, 2021 with a payment date of April 8, 2021. This quarterly dividend equates to an annual dividend of $0.88 per common share.

About Kennedy Wilson

Kennedy Wilson (NYSE:KW) is a leading global real estate investment company. We own, operate, and invest in real estate through our balance sheet and through our investment management platform. We focus on multifamily and office properties located in the Western U.S., U.K., and Ireland. For further information on Kennedy Wilson, please visit: www.kennedywilson.com.

KW-IR

Special Note Regarding Forward-Looking Statements

Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are estimates that reflect our management’s current expectations, are based on assumptions that may prove to be inaccurate and involve known and unknown risks. Accordingly, our actual results or performance may differ materially and adversely from the results or performance expressed or implied by these forward-looking statements, including for reasons that are beyond our control. Accordingly, you should not unduly rely on these statements, which speak only as of the date of this press release. We assume no duty to update the forward-looking statements, except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005923/en/

FAQ

What is the dividend amount for Kennedy Wilson in 2021?

Kennedy Wilson announced a quarterly dividend of $0.22 per share in 2021.

When will the dividend be paid to shareholders of KW?

The dividend will be paid on April 8, 2021, to shareholders of record as of March 31, 2021.

What is the annual dividend yield for Kennedy Wilson?

The annual dividend yield for Kennedy Wilson is $0.88 per common share.

What properties does Kennedy Wilson focus on?

Kennedy Wilson focuses on multifamily and office properties primarily located in the Western U.S., U.K., and Ireland.