Kilroy Realty Corp (NYSE:KRC) declared a quarterly dividend on Tuesday, December 12th, RTT News reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.425 per share by the real estate investment trust on Friday, January 12th. This represents a $1.70 dividend on an annualized basis and a yield of 2.26%.

Kilroy Realty has increased its dividend payment by an average of 1.2% annually over the last three years. Kilroy Realty has a payout ratio of 48.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Kilroy Realty to earn $3.71 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 45.8%.

Shares of Kilroy Realty (NYSE KRC) traded up $0.11 on Tuesday, reaching $75.38. 421,100 shares of the company’s stock were exchanged, compared to its average volume of 559,680. The company has a market capitalization of $7,420.00, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.98 and a beta of 0.79. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. Kilroy Realty has a 1 year low of $67.00 and a 1 year high of $78.33.

Kilroy Realty (NYSE:KRC) last announced its quarterly earnings results on Wednesday, October 25th. The real estate investment trust reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.19). The business had revenue of $181.50 million for the quarter, compared to the consensus estimate of $179.03 million. Kilroy Realty had a return on equity of 4.44% and a net margin of 23.77%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 EPS. analysts expect that Kilroy Realty will post 3.52 earnings per share for the current fiscal year.

A number of research analysts have commented on the stock. Zacks Investment Research upgraded shares of Kilroy Realty from a “sell” rating to a “hold” rating in a research note on Saturday, October 28th. BidaskClub upgraded shares of Kilroy Realty from a “strong sell” rating to a “sell” rating in a research note on Monday, August 14th. Goldman Sachs Group assumed coverage on shares of Kilroy Realty in a research note on Tuesday, September 19th. They set a “neutral” rating and a $70.00 price target for the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $77.00 price objective on shares of Kilroy Realty in a report on Thursday, September 21st. Finally, KeyCorp reaffirmed a “hold” rating on shares of Kilroy Realty in a report on Friday, August 25th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $77.43.

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Kilroy Realty Company Profile

Kilroy Realty Corporation is a real estate investment trust (REIT). The Company operates through the office properties segment. It operates in office and mixed-use submarkets along the West Coast. It owns, develops, acquires and manages real estate assets, consisting primarily of Class A properties in the coastal regions of Los Angeles, Orange County, San Diego County, the San Francisco Bay Area and Greater Seattle.

Dividend History for Kilroy Realty (NYSE:KRC)

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