KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2021 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KREF’s Series A Preferred Stock dividend payments for the tax year ended December 31, 2021:
Record Date | Payment Date | Dividend per Share |
Ordinary Dividends per Share(1) |
Qualified Dividends per Share |
Capital Gain Dividends per Share |
|||||
May 31, 2021 | June 15, 2021 | $0.266319 |
$0.263970 |
$0.003086 |
$0.002349 |
|||||
September 17, 2021 | September 27, 2021 | $0.460417 |
$0.456356 |
$0.005336 |
$0.004061 |
|||||
November 30, 2021 | December 15, 2021 | $0.352080 |
$0.348975 |
$0.004080 |
$0.003105 |
|||||
$1.078816 |
$1.069301 |
$0.012502 |
$0.009515 |
|||||||
(1) Ordinary dividends that are "qualified REIT dividends" are eligible for the 20% deduction under IRC Section 199A(b)(1)(B). |
Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company's dividends.
About KKR Real Estate Finance Trust Inc.
KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220321005897/en/
Contacts
MEDIA:
Cara Major or Miles Radcliffe-Trenner
(212) 750-8300
media@kkr.com
INVESTOR RELATIONS:
Jack Switala
(212) 763-9048
kref-ir@kkr.com