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Kennedy Wilson Announces Dividend of $0.24 Per Common Share for First Quarter 2023
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Kennedy Wilson (NYSE: KW) announced a quarterly dividend of $0.24 per share for common shareholders, with a record date of March 31, 2023 and payment date set for April 6, 2023. This dividend amounts to an annual dividend of $0.96 per share. The company specializes in real estate investment focusing on multifamily, office, industrial properties, and debt investments primarily in the Western United States, the UK, and Ireland.
Positive
Quarterly dividend of $0.24 and annual dividend of $0.96 indicates strong income for shareholders.
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, 2023, with a payment date of April 6, 2023. 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. The company owns, operates, and invests in real estate through the balance sheet and through an investment management platform across the Western United States, United Kingdom, and Ireland. Kennedy Wilson primarily focuses on multifamily and office properties as well as industrial and debt investments in the investment management business. For more 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.
