Kite Realty Group Trust (NYSE:KRG) to Issue $0.29 Quarterly Dividend

Posted by Brenda Bartman on Jul 30th, 2026

Kite Realty Group Trust (NYSE:KRG – Get Free Report) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Friday, October 9th will be paid a dividend of 0.29 per share by the real estate investment trust on Friday, October 16th. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, October 9th.

Kite Realty Group Trust has raised its dividend by an average of 0.2%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. Kite Realty Group Trust has a dividend payout ratio of 313.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Kite Realty Group Trust to earn $2.19 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 53.0%.

Kite Realty Group Trust Stock Performance

KRG traded up $0.01 during mid-day trading on Thursday, reaching $28.86. 3,335,579 shares of the company traded hands, compared to its average volume of 2,089,408. The stock has a market capitalization of $5.86 billion, a P/E ratio of 21.70, a P/E/G ratio of 4.09 and a beta of 0.85. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.05. The company’s fifty day moving average price is $28.39 and its 200-day moving average price is $26.28. Kite Realty Group Trust has a 52-week low of $20.86 and a 52-week high of $29.92.

Kite Realty Group Trust (NYSE:KRG – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $200.70 million for the quarter, compared to the consensus estimate of $198.37 million. Kite Realty Group Trust had a net margin of 34.74% and a return on equity of 9.21%. On average, sell-side analysts expect that Kite Realty Group Trust will post 2.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KRG shares. UBS Group reiterated a “neutral” rating and set a $30.00 price objective (up from $28.00) on shares of Kite Realty Group Trust in a research report on Thursday, July 9th. Wells Fargo & Company set a $32.00 target price on Kite Realty Group Trust and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Wall Street Zen downgraded Kite Realty Group Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. LADENBURG THALM/SH SH upped their price target on shares of Kite Realty Group Trust from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $33.00 price objective (up from $27.00) on shares of Kite Realty Group Trust in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $29.43.

View Our Latest Research Report on KRG

About Kite Realty Group Trust

(Get Free Report)

Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust that specializes in the ownership, development and management of open-air retail real estate. Headquartered in Indianapolis, Indiana, the company focuses on acquiring, developing and operating community and neighborhood shopping centers, as well as mixed-use properties that accommodate national, regional and local retailers.

Established in 1994, Kite Realty has grown its portfolio through strategic development projects, targeted acquisitions and selective dispositions.