KILROY REALTY CORP
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 4. Mine Safety Disclosures
None.
Part II
The Company’s common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “KRC.” As of the date this report was filed, there were approximately 86 registered holders of the Company’s common stock. The following table illustrates dividends declared during 2023 and 2022 as reported on the NYSE.
| 2023 | Per Share CommonStock DividendsDeclared |
|---|---|
| First quarter | $0.5400 |
| Second quarter | 0.5400 |
| Third quarter | 0.5400 |
| Fourth quarter | 0.5400 |
| 2022 | Per Share CommonStock DividendsDeclared |
| First quarter | $0.5200 |
| Second quarter | 0.5200 |
| Third quarter | 0.5400 |
| Fourth quarter | 0.5400 |
The Company pays distributions to common stockholders quarterly each January, April, July and October, at the discretion of the board of directors. Distribution amounts depend on our FFO, financial condition, capital requirements, the annual distribution requirements under the REIT provisions of the Code and such other factors as the board of directors deems relevant.
The Company did not purchase any equity securities during the three month period leading up to December 31, 2023.
MARKET FOR KILROY REALTY, L.P.’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
There is no established public trading market for the Operating Partnership’s common units. As of the date this report was filed, there were 19 holders of record of common units (including through the Company’s general partnership interest).
The following table reports the distributions per common unit declared during the years ended December 31, 2023 and 2022.
| 2023 | Per Unit CommonUnit Distribution Declared |
|---|---|
| First quarter | $0.5400 |
| Second quarter | 0.5400 |
| Third quarter | 0.5400 |
| Fourth quarter | 0.5400 |
| 2022 | Per Unit CommonUnit Distribution Declared |
| First quarter | $0.5200 |
| Second quarter | 0.5200 |
| Third quarter | 0.5400 |
| Fourth quarter | 0.5400 |
PERFORMANCE GRAPH
The following line graph compares the change in cumulative stockholder return on shares of the Company’s common stock to the cumulative total return of the FTSE Nareit All Equity REIT Index, the Standard & Poor’s (“S&P”) 500 Stock Index, and the S&P Composite 1500 – Office REIT Index for the five-year period ended December 31, 2023. We include the S&P Composite 1500 – Office REIT Index because management believes it provides additional information to investors about our performance relative to a more specific peer group. The S&P Composite 1500 – Office REIT Index is a published and widely recognized index that comprises 13 office equity REITs, including us. The graph assumes an investment of $100 in us and each of the indices on December 31, 2018 and, as required by the SEC, the reinvestment of all distributions. The return shown on the graph is not necessarily indicative of future performance.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.