NEW YORK--(BUSINESS WIRE)--
KKR Real Estate Finance Trust Inc. (NYSE:KREF) (the “Company” or “KREF”)
today announced the tax treatment of its 2018 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, 2018:
| Tax Treatment of 2018 Dividends |
|
| |
| |
| |
| |
| |
| |
| |
|
Record Date
| |
Payment Date
| |
Cash
Distribution
| |
Adjustment
| |
Dividend(1) | |
Ordinary
Dividends(2) | |
Qualified
Dividends
| |
Capital Gain
Dividends
|
| | | | | | | | | | | | | |
|
|
March 29, 2018
| |
April 13, 2018
| | $0.40 | | $0.00 | | | $0.40 | | $0.3510 | | $0.0023 | | $0.0467 |
|
June 29, 2018
| |
July 13, 2018
| | $0.43 | | $0.00 | | | $0.43 | | $0.3773 | | $0.0025 | | $0.0502 |
|
September 28, 2018
| |
October 12, 2018
| | $0.43 | | $0.00 | | | $0.43 | | $0.3773 | | $0.0025 | | $0.0502 |
|
December 28, 2018
| |
January 11, 2019
| | $0.43 |
|
($0.05 |
)
|
| $0.38 |
| $0.3334 |
| $0.0022 |
| $0.0444 |
| | | | $1.69 |
|
($0.05 |
)
|
| $1.64 |
| $1.4390 |
| $0.0095 |
|
$0.1915
|
(1) Pursuant to IRC Section 857(b)(9), cash distributions made on
January 11, 2019 with a record date of December 28, 2018 are treated as
received by shareholders on December 28, 2018 to the extent of 2018
earnings and profits.
(2) Ordinary dividends that are "qualified REIT dividends" may be
eligible for the 20% deduction under IRC Section 199A(b)(1)(B).
Shareholders are encouraged to consult with their personal tax advisors
as to their specific tax treatment of the Company's dividends.
About KREF
KREF 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 KKR Real Estate Finance
Trust Inc. (NYSE:KREF), please visit KREF’s website at www.kkrreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190205005113/en/
Media:
Kristi Huller or Cara Major
(212) 750-8300
[email protected]
Investor
Relations:
Sasha Hamilton
(212) 401-0447
[email protected]
Source: KKR Real Estate Finance Trust Inc.
