Kilroy Realty Corporation (NYSE:KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on July 17, 2012 to stockholders of record on June 29, 2012. The dividend is equivalent to an annual rate of $1.40 per share.
The board of directors also declared a dividend of $0.42969 per share on the company’s 6.875% Series G Cumulative Redeemable Preferred Stock for the period commencing on and including May 15, 2012 and ending on and including August 14, 2012. The dividend will be payable on August 15, 2012 to Series G preferred stockholders of record on July 31, 2012.
Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a real estate investment trust active in premier office and industrial submarkets along the West Coast. For over 60 years, the company has owned, developed, acquired and managed real estate assets, consisting primarily of Class A real estate properties in the coastal regions of Los Angeles, Orange County, San Diego, greater Seattle and the San Francisco Bay Area. At March 31, 2012, the company owned 11.8 million rentable square feet of commercial office space and 3.4 million rentable square feet of industrial space. More information is available at http://www.kilroyrealty.com.