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Kennedy-Wilson Holdings declares $0.12 dividend, up 35.7% annually, though payout ratio remains high.
Kennedy-Wilson Holdings, Inc. has declared a quarterly dividend of $0.12 per share, payable April 4th to shareholders on record March 31st.
The company has increased its dividend by 35.7% annually over the last three years, though it currently relies on its balance sheet to cover the -85.7% payout ratio.
Analysts predict a future payout ratio of 15.7%.
The firm invests in multifamily and office properties across the Western US and parts of Europe.
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Kennedy-Wilson Holdings declara un dividendo de $0.12, un aumento del 35,7% anual, aunque la relación de pagos sigue siendo alta.