Kilroy Realty Announces Tax Treatment of 2012 Dividend Distributions

Updated

Kilroy Realty Announces Tax Treatment of 2012 Dividend Distributions

LOS ANGELES--(BUSINESS WIRE)-- Kilroy Realty Corporation announced today the tax treatment of its 2012 dividend distributions. The company's total dividend distributions per share of common stock (CUSIP #49427F108) are to be classified for income tax purposes as follows:

Record
Date

Payable
Date

Total
Distribution
per Share

2012
Taxable
Ordinary
Dividend

2012
Total Capital
Gain
Distribution

2012
Unrecaptured
Section 1250
Gain (1)

2012
Return of
Capital

12/30/2011

1/17/2012

$

.350000

$

.144315

-

-

$

.205685

3/30/2012

4/17/2012

.350000

.144315

-

-

. 205685

6/29/2012

7/17/2012

.350000

.144315

-

-

. 205685

9/28/2012

10/17/2012

.350000

.144315

-

-

. 205685

(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.


The dividend distributions made to holders of record as of December 31, 2012 and paid on January 15, 2013 are considered 2013 dividend distributions for federal income tax purposes.

The company's total dividend distributions per share of Series E cumulative redeemable perpetual preferred stock (CUSIP #49427F405) are to be classified for income tax purposes as follows:

Record
Date

Payable
Date

Total
Distribution
per Share

2012
Taxable
Ordinary
Dividend

2012
Total Capital
Gain
Distribution

2012
Unrecaptured
Section 1250
Gain (1)

2012
Return of
Capital

1/31/2012

2/15/2012

$

.487500

$

.487500

-

-

-

4/16/2012

4/16/2012

.330400

.330400

-

-

-

(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.

The company's total dividend distributions per share of Series F cumulative redeemable perpetual preferred stock (CUSIP #49427F504) are to be classified for income tax purposes as follows:

Record
Date

Payable
Date

Total
Distribution
per Share

2012
Taxable
Ordinary
Dividend

2012
Total Capital
Gain
Distribution

2012
Unrecaptured
Section 1250
Gain (1)

2012
Return of
Capital

1/31/2012

2/15/2012

$

.468750

$

.468750

-

-

-

4/16/2012

4/16/2012

.317700

.317700

-

-

-

(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.

The company's total dividend distributions per share of Series G cumulative redeemable perpetual preferred stock (CUSIP #49427F702) are to be classified for income tax purposes as follows:

Record
Date

Payable
Date

Total
Distribution
per Share

2012
Taxable
Ordinary
Dividend

2012
Total Capital
Gain
Distribution

2012
Unrecaptured
Section 1250
Gain (1)

2012
Return of
Capital

4/30/2012

5/15/2012

$

.229170

$

.229170

-

-

-

7/31/2012

8/15/2012

. 4296875

. 4296875

-

-

-

10/31/2012

11/15/2012

.4296875

.4296875

-

-

-

(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.

The company's total dividend distributions per share of Series H cumulative redeemable perpetual preferred stock (CUSIP #49427F801) are to be classified for income tax purposes as follows:

Record
Date

Payable
Date

Total
Distribution
per Share

2012
Taxable
Ordinary
Dividend

2012
Total Capital
Gain
Distribution

2012
Unrecaptured
Section 1250
Gain (1)

2012
Return of
Capital

10/31/2012

11/15/2012

$

.3984375

$

.3984375

-

-

-

(1) Unrecaptured Section 1250 Gain is a subset of, and is included in, the Total Capital Gain Distribution amount.

Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment for Kilroy Realty Corporation common and preferred distributions.

About Kilroy Realty Corporation . Kilroy Realty Corporation, a member of the S&P Small Cap 600 Index, is a real estate investment trust active in the office property sector along the West Coast. For over 60 years, the company has owned, developed, acquired and managed real estate assets primarily in the coastal regions of Los Angeles, Orange County, San Diego, greater Seattle and the San Francisco Bay Area. At September 30, 2012, the company's stabilized office portfolio encompassed 12.7 million rentable square feet. More information is available at http://www.kilroyrealty.com.



Kilroy Realty Corporation
Tyler H. Rose
Executive Vice President
and Chief Financial Officer
(310) 481-8484
or
Michelle Ngo
Vice President
and Treasurer
(310) 481-8581

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

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