Kite Realty Group Trust (KRG) will raise its quarterly dividend by another 9.1 percent to 24 cents per share in 2022. This is the 4th dividend hike by KRG announced in 2022. The dividend yield is 4.4% at a stock price of $22.
Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) engaged primarily in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in select markets in the United States. Kite Realty has paid a dividend to shareholders every year since at least 2004.