Kennedy-Wilson Holdings Inc. (KW) To Go Ex-Dividend on June 11th

Kennedy-Wilson Holdings Inc. (NYSE:KW) declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Thursday, June 11th will be given a dividend of 0.12 per share by the financial services provider on Thursday, July 9th. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, June 11th.

Kennedy-Wilson has decreased its dividend payment by an average of 0.1%annually over the last three years. Kennedy-Wilson has a payout ratio of -85.7% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Kennedy-Wilson Price Performance

KW stock opened at $11.02 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 5.75. Kennedy-Wilson has a 12 month low of $5.98 and a 12 month high of $11.09. The firm has a market cap of $1.53 billion, a P/E ratio of 100.15 and a beta of 0.88. The company’s 50-day moving average price is $10.89 and its two-hundred day moving average price is $10.04.

Kennedy-Wilson (NYSE:KW) last issued its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.25. The company had revenue of $117.20 million for the quarter, compared to analyst estimates of $91.69 million. Kennedy-Wilson had a return on equity of 23.65% and a net margin of 12.08%.

Kennedy-Wilson Company Profile

Kennedy-Wilson Holdings, Inc is a publicly traded global real estate investment company that acquires, develops and manages a diversified portfolio of properties. Its core activities include investing in office, multifamily, retail, industrial and self-storage assets while providing comprehensive property management, leasing, capital markets and investment management services to institutional and private clients.

Headquartered in Beverly Hills, California, Kennedy-Wilson operates through two principal business segments: Investments and Asset Services.