NEW YORK--(BUSINESS WIRE)--
KKR Real Estate Finance Trust Inc. (NYSE: KREF) (the “Company” or
“KREF”) today announced the tax treatment of its 2017 common stock and
special voting preferred stock dividends. The following table summarizes
KKR Real Estate Finance Trust’s common stock and special voting
preferred stock dividend payments for the tax year ended December 31,
2017:
|
|
| Tax Treatment of 2017 Dividends |
|
|
|
Record Date
|
|
|
Payment Date
|
|
|
Cash
Distribution
|
|
|
Adjustment
|
|
|
Dividend(1) |
|
|
Ordinary
Dividends
|
|
|
Qualified
Dividends
|
|
|
Capital Gain
Dividends
|
| | | | | | | | | | | | | | | | | | | | |
|
|
February 3, 2017
| | |
February 3, 2017
| | | $0.35 | | | $0.00 | | | $0.35 | | | $0.3500 | | | $0.0000 | | | $0.0000 |
|
April 18, 2017
| | |
April 18, 2017
| | | $0.28 | | | $0.00 | | | $0.28 | | | $0.2800 | | | $0.0000 | | | $0.0000 |
|
June 30, 2017
| | |
July 14, 2017
| | | $0.25 | | | $0.00 | | | $0.25 | | | $0.2500 | | | $0.0000 | | | $0.0000 |
|
September 30, 2017
| | |
October 12, 2017
| | | $0.37 | | | $0.00 | | | $0.37 | | | $0.3700 | | | $0.0000 | | | $0.0000 |
|
December 29, 2017
| | |
January 12, 2018
| | | $0.37 |
|
| $0.00 |
|
| $0.37 |
|
| $0.3700 |
|
| $0.0000 |
|
| $0.0000 |
| | | | | | $1.62 |
|
| $0.00 |
|
| $1.62 |
|
| $1.6200 |
|
| $0.0000 |
|
| $0.0000 |
(1) Pursuant to IRC Section 857(b)(9), cash distributions made on
January 12, 2018 with a record date of December 29, 2017 are treated as
received by shareholders on December 29, 2017 to the extent of 2017
earnings and profits.
Shareholders are encouraged to consult with their personal tax advisors
as to their specific tax treatment of the Company's dividends.
About KREF
KKR Real Estate Finance Trust Inc. (NYSE:KREF) is a real estate finance
company that focuses primarily on originating and acquiring senior loans
secured by commercial real estate assets. KREF is externally managed and
advised by an affiliate of KKR & Co. L.P. For additional information
about KREF, please visit its website at www.kkrreit.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180202005050/en/
KKR Real Estate Finance Trust Inc.
Media:
Kristi
Huller or Cara Major, 212-750-8300
[email protected]
or
Investor
Relations:
Sasha Hamilton, 212-401-0447
[email protected]
Source: KKR Real Estate Finance Trust
