Kennedy Wilson Increases Dividend by 11% to $0.21 Per Common Share for Fourth Quarter 2018
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--
Global real estate investment company Kennedy
Wilson (NYSE: KW) today announced an 11% increase in the common
dividend per share to $0.21 per quarter or $0.84 on an annualized basis.
The Company will pay a quarterly dividend to common shareholders of
record as of December 28, 2018 with a payment date of January 3, 2019.
This is the eighth consecutive annual dividend increase since 2012, over
which time the annual dividend has increased from $0.16 to its current
level of $0.84.
About Kennedy Wilson
Kennedy Wilson (NYSE:KW) is a global real estate investment company. We
own, operate, and invest in real estate both on our own and through our
investment management platform. We focus on multifamily and office
properties located in the Western U.S., UK, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181031005675/en/
Investors
Kennedy Wilson
Daven Bhavsar, CFA
Director
of Investor Relations
(310) 887-3431
[email protected]
Source: Kennedy Wilson