KKR Real Estate Finance Trust Inc. Tax Treatment of 2021 Series A Preferred Stock Dividends
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.
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