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Kilroy Realty reports tax treatment for 2023 dividends and high occupancy rates

EditorLina Guerrero
Published 01/17/2024, 03:23 AM
© Reuters.
KRC
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LOS ANGELES - Kilroy Realty Corporation (NYSE: NYSE:KRC), a leading real estate investment trust, has announced the tax treatment for its 2023 common stock dividends, which amounts to $2.16 per share. The dividends, recorded on December 29 and paid on January 10, are considered part of the fiscal year 2024 for tax purposes. This distinction is crucial for shareholders as they prepare their tax filings and assess the impact on their personal financial situations.

The company, known for its extensive portfolio that includes over a thousand residential units, also reported a robust quarterly average occupancy rate of about 92.7%. This high rate of occupancy underscores Kilroy's successful management and the strong demand for its properties.

In addition to its financial performance, Kilroy Realty is recognized for its commitment to environmental sustainability. The company has achieved carbon-neutral status since the previous year, a significant milestone reflecting its dedication to reducing its environmental footprint.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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