Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017. KORE's investment strategy is to principally invest in a diversified portfolio of income-producing commercial assets and real estate-related assets in key growth markets of the United States (US) with positive economic and office fundamentals that generally outpace the US national average, and the average of the gateway cities, so as to provide sustainable distributions and strong total returns for Unitholders. KORE is managed by Keppel Pacific Oak US REIT Management Pte. Ltd., which is jointly owned by two Sponsors, Keppel Capital and KPA. KORE's portfolio comprises a balanced mix of 13 freehold office buildings and business campuses across eight key growth markets driven by innovation and technology in the US. The assets have a combined value of US$1.30 billion and an aggregate net lettable area of over 4.7 million sf. KORE has an extensive and diversified tenant base, some of which are from the growth and defensive sectors such as technology, as well as medical and healthcare, which will continue to support and drive growth. KORE is a technology-focused office REIT with over 50% of the portfolio located in the technology hubs of Seattle Bellevue/Redmond, Austin and Denver. The remainder of the portfolio is located in the key growth markets of Houston, Dallas, Orlando, Sacramento and Atlanta.
Keppel Pacific Oak US REIT Dividend Announcement
• Keppel Pacific Oak US REIT announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2023-09-29. Ex dividend date: 2023-08-02
• Keppel Pacific Oak US REIT annual dividend for 2023 was $0.06
• Keppel Pacific Oak US REIT's trailing twelve-month (TTM) dividend yield is -%
• Keppel Pacific Oak US REIT's payout ratio for the trailing twelve months (TTM) is -36.56%
Keppel Pacific Oak US REIT Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-08-02 | $0.03 | semi annually | 2023-09-29 |
2023-02-08 | $0.03 | semi annually | 2023-03-30 |
2022-08-05 | $0.04 | semi annually | 2022-09-30 |
2022-02-04 | $0.03 | semi annually | 2022-03-31 |
2021-08-04 | $0.05 | semi annually | 2021-09-28 |
2021-02-03 | $0.03 | semi annually | 2021-03-31 |
2020-07-29 | $0.04 | semi annually | 2020-09-24 |
2020-01-30 | $0.02 | semi annually | 2020-02-26 |
2019-10-24 | $0.03 | semi annually | 2019-11-19 |
2019-07-25 | $0.04 | semi annually | 2019-08-19 |
2019-01-31 | $0.02 | semi annually | 2019-03-26 |
2018-07-25 | $0.05 | semi annually | 2018-09-25 |
Keppel Pacific Oak US REIT Dividend per year
Keppel Pacific Oak US REIT Dividend growth
Keppel Pacific Oak US REIT Dividend Yield
Keppel Pacific Oak US REIT current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Keppel Pacific Oak US REIT stock? Use our calculator to estimate your expected dividend yield:
Keppel Pacific Oak US REIT Financial Ratios
Keppel Pacific Oak US REIT Dividend FAQ
Other factors to consider when evaluating Keppel Pacific Oak US REIT as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Keppel Pacific Oak US REIT's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Keppel Pacific Oak US REIT publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Keppel Pacific Oak US REIT distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Keppel Pacific Oak US REIT are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Keppel Pacific Oak US REIT sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Keppel Pacific Oak US REIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Keppel Pacific Oak US REIT declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Keppel Pacific Oak US REIT's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Keppel Pacific Oak US REIT's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.