tiprankstipranks
Advertisement
Advertisement

Kennedy Wilson cuts quarterly dividend to 12c per share

Kennedy Wilson announced that the company will pay a dividend of 12c per share or 48c per share annually to common shareholders of record as of June 28, 2024, with a payment date of July 5, 2024. The resized dividend rate will allow the company to retain $66M per year, strengthening the company’s ability to grow its investment management business, repurchase securities, and reduce leverage.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1