Kilroy Realty Corporation (KRC) will raise its quarterly dividend by 4 percent to 52 cents per share in 2021. This comes after a 3.1 percent to 50 cents per share by the REIT in 2020. The West Coast landlord now has raised its dividend six years in a row.

The next quarterly KRC dividend of $0.52 per share is payable on October 13, 2021 to stockholders of record on September 30, 2021.  The new dividend rate of $2.08 per share for Kilroy Realty yields 3.2% at a stock price of $65.50.

Kilroy Realty Corporation, a REIT, is one of the West Coast’s premier landlords. The company's tenants include technology, entertainment, digital media and health care companies. Kilroy owns office space and residential units located in the coastal regions of Los Angeles, Orange County, San Diego, the San Francisco Bay Area and Greater Seattle.Kilroy Realty Corporation has been paying a dividend to shareholders every year since 1997.