LOS ANGELES--(BUSINESS WIRE)--
Kilroy Realty Corporation(NYSE: KRC) announced today the tax
treatment of its 2015 dividend distributions. The company's total
dividend distributions per share of common stock (CUSIP #49427F108) are
to be classified for income tax purposes as follows:
Record
Date
|
|
Payable
Date
|
|
Total Distribution per Share
|
|
2015 Taxable Ordinary Dividend
|
|
2015 Total Qualified Dividend (1) |
|
2015
Total Capital Gain Distribution
|
|
2015 Unrecaptured Section 1250 Gain (2) |
|
2015
Return of Capital
|
| 12/31/2014 |
| 1/14/2015 |
| $.3500000 |
| $.2484628 |
| $ .0004654 |
| $.1015372 |
| $.0887467 |
|
-
|
| 3/31/2015 |
| 4/15/2015 |
|
.3500000
|
|
.2484628
|
|
.0004654
|
|
.1015372
|
|
.0887467
|
|
-
|
| 6/30/2015 |
| 7/15/2015 |
|
.3500000
|
|
.2484628
|
|
.0004654
|
|
.1015372
|
|
.0887467
|
|
-
|
| 9/30/2015 |
| 10/14/2015 |
|
.3500000
|
|
.2484628
|
|
.0004654
|
|
.1015372
|
|
.0887467
|
|
-
|
(1) Total Qualified Dividend is a subset of, and is included in, the
Taxable Ordinary Dividend amount.
(2) Unrecaptured Section 1250
Gain is a subset of, and is included in, the Total Capital Gain
Distribution amount.
The dividend distributions made to holders of record as of December 31,
2015 and paid on January 13, 2016 are considered 2016 dividend
distributions for federal income tax purposes.
The company's total dividend distributions per share of Series G
cumulative redeemable perpetual preferred stock (CUSIP #49427F702) are
to be classified for income tax purposes as follows:
Record
Date
|
|
Payable
Date
|
|
Total Distribution per Share
|
|
2015
Taxable Ordinary Dividend
|
|
2015
Total Qualified Dividend (1) |
|
2015
Total Capital Gain Distribution
|
|
2015 Unrecaptured Section 1250 Gain (2) |
|
2015
Return of Capital
|
| 1/31/2015 |
| 2/16/2015 |
| $.4296875 |
| $ .3050324 |
| $.0005714 |
| $.1246551 |
| $.1089525 |
|
-
|
| 4/30/2015 |
| 5/15/2015 |
|
.4296875
|
|
.3050324
|
|
.0005714
|
|
.1246551
|
|
.1089525
|
|
-
|
| 7/31/2015 |
| 8/15/2015 |
|
.4296875
|
|
.3050324
|
|
.0005714
|
|
.1246551
|
|
.1089525
|
|
-
|
| 10/31/2015 |
| 11/15/2015 |
|
. 4296875
|
|
.3050324
|
|
.0005714
|
|
.1246551
|
|
.1089525
|
|
-
|
(1) Total Qualified Dividend is a subset of, and is included in, the
Taxable Ordinary Dividend amount.
(2) Unrecaptured Section 1250
Gain is a subset of, and is included in, the Total Capital Gain
Distribution amount.
The company's total dividend distributions per share of Series H
cumulative redeemable perpetual preferred stock (CUSIP #49427F801) are
to be classified for income tax purposes as follows:
Record
Date
|
|
Payable
Date
|
|
Total Distribution per Share
|
|
2015
Taxable Ordinary Dividend
|
|
2015
Total Qualified Dividend (1) |
|
2015
Total Capital Gain Distribution
|
|
2015 Unrecaptured Section 1250 Gain (2) |
|
2015
Return of Capital
|
| 1/31/2015 |
| 2/16/2015 |
| $.3984375 |
| $.2828482 |
| $.0005298 |
| $.1155893 |
| $.1010287 |
|
-
|
| 4/30/2015 |
| 5/15/2015 |
|
.3984375
|
|
.2828482
|
|
.0005298
|
|
.1155893
|
|
.1010287
|
|
-
|
| 7/31/2015 |
| 8/15/2015 |
|
.3984375
|
|
.2828482
|
|
.0005298
|
|
.1155893
|
|
.1010287
|
|
-
|
| 10/31/2015 |
| 11/15/2015 |
|
.3984375
|
|
.2828482
|
|
.0005298
|
|
.1155893
|
|
.1010287
|
|
-
|
(1) Total Qualified Dividend is a subset of, and is included in, the
Taxable Ordinary Dividend amount.
(2) Unrecaptured Section 1250
Gain is a subset of, and is included in, the Total Capital Gain
Distribution amount.
Stockholders are encouraged to consult with their tax advisors as to
their specific tax treatment for Kilroy Realty Corporation common and
preferred distributions.
About Kilroy Realty Corporation. With more than 65 years’
experience owning, developing, acquiring and managing real estate assets
in West Coast real estate markets, Kilroy Realty Corporation (KRC), a
publicly traded real estate investment trust and member of the S&P
MidCap 400 Index, is one of the region’s premier landlords. The company
provides physical work environments that foster creativity and
productivity and serves a broad roster of dynamic, innovation-driven
tenants, including technology, entertainment, digital media and health
care companies.
At September 30, 2015, the company’s stabilized portfolio totaled
13.1 million square feet of office properties, all located in the
coastal regions of greater Seattle, the San Francisco Bay Area, Los
Angeles, Orange County and San Diego. The company is recognized by the
Global Real Estate Sustainability Benchmark (GRESB) as the North
American leader in sustainability and was ranked first among 155 North
American participants across all asset types. At the end of the third
quarter, the company’s properties were 45% LEED certified and 64% of
eligible properties were ENERGY STAR certified. In addition, KRC had
approximately 2.3 million square feet of office and mixed-use
development under construction with a total estimated investment of
approximately $1.5 billion. More information is available at http://www.kilroyrealty.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160115005931/en/
Kilroy Realty Corporation
Tyler H. Rose
Executive Vice
President and Chief Financial Officer
310-481-8484
or
Michelle
Ngo
Senior Vice President and Treasurer
310-481-8581
Source: Kilroy Realty Corporation