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

Rhea-AI Summary

Kennedy Wilson (NYSE: KW) has announced a quarterly dividend of $0.22 per share for common shareholders, payable on July 8, 2021, to those on record by June 30, 2021. This dividend translates to an annual rate of $0.88 per share, reflecting the company's ongoing commitment to return value to shareholders. Kennedy Wilson focuses on multifamily and office properties primarily in the Western U.S., U.K., and Ireland.

Positive

• Quarterly dividend of $0.22 per share demonstrates commitment to shareholder returns.
• Annual dividend of $0.88 per share indicates stable income for investors.

Negative

• 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 June 30, 2021 with a payment date of July 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/20210505005979/en/

FAQ

What is the dividend amount announced by Kennedy Wilson?

Kennedy Wilson announced a dividend of $0.22 per share.

When will Kennedy Wilson's dividend be paid?

The dividend will be paid on July 8, 2021.

What is the record date for Kennedy Wilson's dividend?

The record date for the dividend is June 30, 2021.

What is the annual dividend for Kennedy Wilson shares?

The annual dividend for Kennedy Wilson shares is $0.88.