Kennedy Wilson Announces Dividend of $0.24 Per Common Share for First Quarter 2022

Rhea-AI Summary

Kennedy Wilson (NYSE: KW) announced a quarterly dividend of $0.24 per share for common shareholders of record as of March 31, 2022, with a payment date of April 7, 2022. This equates to an annual dividend of $0.96 per share. As a global real estate investment company, Kennedy Wilson focuses on multifamily and office properties across the Western U.S., U.K., and Ireland.

Positive

• Quarterly dividend of $0.24 per share for Q1 2022.
• Confidence in dividend sustainability reflected in the annual payout of $0.96 per share.

Negative

• None.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.24 per share to common shareholders of record as of March 31, 2022 with a payment date of April 7, 2022. This quarterly dividend equates to an annual dividend of $0.96 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/20220222006033/en/

Investors

Daven Bhavsar, CFA

Vice President of Investor Relations

(310) 887-3431

dbhavsar@kennedywilson.com

Source: Kennedy Wilson

FAQ

What is Kennedy Wilson's dividend amount?

Kennedy Wilson has announced a dividend of $0.24 per share.

When will the dividend be paid?

The dividend will be paid on April 7, 2022.

What is the record date for the dividend?

The record date for the dividend is March 31, 2022.

How often does Kennedy Wilson pay dividends?

Kennedy Wilson pays dividends quarterly.