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Kennedy Wilson Announces Dividend of $0.24 Per Common Share for Third Quarter 2022
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, payable on October 6, 2022, to shareholders registered as of September 30, 2022. This dividend represents an annual yield of $0.96 per share. The company operates primarily in real estate investment, focusing on multifamily and office properties in the Western U.S., U.K., and Ireland. This dividend payment reflects the company's ongoing commitment to returning value to its shareholders.
Positive
Quarterly dividend of $0.24 per share enhances shareholder returns.
Annual dividend yield of $0.96 demonstrates financial stability.
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 September 30, 2022, with a payment date of October 6, 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.
