KKR Real Estate Finance Trust Inc. Tax Treatment of 2024 Dividends
NEW YORK–(BUSINESS WIRE)–
KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) today announced the tax treatment of its 2024 common stock and 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KKR Real Estate Finance Trust Inc.’s common stock and Series A Preferred Stock dividend payments for the tax year ended December 31, 2024:
Tax Treatment of 2024 Common Stock Dividends | ||||||||||||||||
Record Date | Payment Date | Cash Distribution |
Adjustment | Total Distribution |
Ordinary Dividends |
Qualified Dividends |
Capital Gain Dividends |
Return of Capital |
||||||||
December 29, 2023 | January 12, 2024 |
$0.43000 |
$0.00000 |
$0.43000 |
$0.00000 |
$0.00000 |
$0.00000 |
$0.43000 |
||||||||
March 28, 2024 | April 15, 2024 |
$0.25000 |
$0.00000 |
$0.25000 |
$0.00000 |
$0.00000 |
$0.00000 |
$0.25000 |
||||||||
June 28, 2024 | July 15, 2024 |
$0.25000 |
$0.00000 |
$0.25000 |
$0.00000 |
$0.00000 |
$0.00000 |
$0.25000 |
||||||||
September 30, 2024 | October 15, 2024 |
$0.25000 |
$0.00000 |
$0.25000 |
$0.00000 |
$0.00000 |
$0.00000 |
$0.25000 |
||||||||
$1.18000 |
$0.00000 |
$1.18000 |
$0.00000 |
$0.00000 |
$0.00000 |
$1.18000 |
Tax Treatment of 2024 Series A Preferred Stock Dividends | ||||||||||||||||
Record Date | Payment Date | Cash Distribution |
Adjustment | Total Distribution |
Ordinary Dividends(1) |
Qualified Dividends |
Capital Gain Dividends |
Return of Capital |
||||||||
February 29, 2024 | March 15, 2024 |
$0.40625 |
$0.00000 |
$0.40625 |
$0.37597 |
$0.00000 |
$0.00000 |
$0.03028 |
||||||||
May 31, 2024 | June 14, 2024 |
$0.40625 |
$0.00000 |
$0.40625 |
$0.37597 |
$0.00000 |
$0.00000 |
$0.03028 |
||||||||
August 30, 2024 | September 13, 2024 |
$0.40625 |
$0.00000 |
$0.40625 |
$0.37597 |
$0.00000 |
$0.00000 |
$0.03028 |
||||||||
November 29, 2024 | December 13, 2024 |
$0.40625 |
$0.00000 |
$0.40625 |
$0.37597 |
$0.00000 |
$0.00000 |
$0.03028 |
||||||||
$1.62500 |
$0.00000 |
$1.62500 |
$1.50388 |
$0.00000 |
$0.00000 |
$0.12112 |
(1) |
Ordinary dividends may be eligible for the 20% deduction applicable to “qualified REIT dividends” under IRC Section 199A(b)(1)(B). Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company’s distributions. |
About KKR Real Estate Finance Trust Inc.
KKR Real Estate Finance Trust Inc. 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/20250131879601/en/
Investor Relations:
Jack Switala
(212) 763-9048
[email protected]
Media:
Miles Radcliffe-Trenner
Tel: (212) 750-8300
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KEYWORDS: New York United States North America
INDUSTRY KEYWORDS: REIT Finance Professional Services Commercial Building & Real Estate Construction & Property
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