NEW YORK--(BUSINESS WIRE)--
KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its 2021 6.50% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) dividends. The following table summarizes KREF’s Series A Preferred Stock dividend payments for the tax year ended December 31, 2021:
| | | | | | | | | | |
| Record Date | | Payment Date | | Dividend
per Share | | Ordinary Dividends
per Share(1) | | Qualified Dividends
per Share | | Capital Gain Dividends
per Share |
| | | | | | | | | | |
| May 31, 2021 | | June 15, 2021 | | $0.266319 | | $0.263970 | | $0.003086 | | $0.002349 |
| September 17, 2021 | | September 27, 2021 | | $0.460417 | | $0.456356 | | $0.005336 | | $0.004061 |
| November 30, 2021 | | December 15, 2021 | |
$0.352080
| | $0.348975 | | $0.004080 | | $0.003105 |
| | | | $1.078816 | | $1.069301 | | $0.012502 | | $0.009515 |
| | | | | | | | | | |
| (1) Ordinary dividends that are "qualified REIT dividends" are 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 KKR Real Estate Finance Trust Inc.
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 KREF, please visit its website at www.kkrreit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220321005897/en/
MEDIA:
Cara Major or Miles Radcliffe-Trenner
(212) 750-8300
[email protected]
INVESTOR RELATIONS:
Jack Switala
(212) 763-9048
[email protected]
Source: KKR Real Estate Finance Trust Inc.
