KKR Real Estate Finance Trust Inc. Tax Treatment of 2020 Dividends | Business

NEW YORK – (BUSINESS WIRE) – January 29, 2021–

KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) today announced the tax treatment of its dividends for 2020 common stock and special votes for preferred stock. The following table summarizes the dividend payments for common stock and preferred stock of KKR Real Estate Finance Trust Inc. for the tax year ended December 31, 2020:

Tax treatment of dividends 2020

Recording date

date of payment

Cash payment

attitude

Dividend (1)

Ordinary dividends (2)

Qualified dividends

Capital Gains Dividends

December 31, 2019 January 15, 2020

$ 0.43

($ 0.12

)

$ 0.31

$ 0.3071

$ 0.0048

$ 0.0029

March 31, 2020 April 15, 2020

$ 0.43

$ 0.00

$ 0.43

$ 0.4300

$ 0.0031

$ 0.0000

June 30, 2020 15th July 2020

$ 0.43

$ 0.00

$ 0.43

$ 0.4300

$ 0.0031

$ 0.0000

September 30, 2020 October 15, 2020

$ 0.43

$ 0.00

$ 0.43

$ 0.4300

$ 0.0031

$ 0.0000

December 31, 2020 January 15, 2021

$ 0.43

$ 0.00

$ 0.43

$ 0.4300

$ 0.0031

$ 0.0000

$ 2.15

($ 0.12

)

$ 2.03

$ 2.0271

$ 0.0172

$ 0.0029

(1)

Pursuant to IRC Section 857 (b) (9), cash distributions made on January 15, 2021 with a cut-off date of December 31, 2020, will be treated as being received by shareholders on December 31, 2020 in the amount of the 2020 profits and gains.

(2)

Ordinary dividends that are “Qualifying REIT Dividends” are deductible by 20% in accordance with IRC Section 199A (b) (1) (B).

Shareholders are encouraged to consult with their personal tax adviser on the specific tax treatment of the Company’s dividends.

About KKR Real Estate Finance Trust Inc.

KREF is a real estate finance company primarily focused on the issuance and purchase of senior loans backed by commercial real estate. KREF is externally administered and advised by a subsidiary of KKR & Co. Inc. Further information on KREF can be found on the website at www.kkrreit.com.

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CONTACT: MEDIA CONTACT:

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Anna Thomas

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[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

KEYWORD IN INDUSTRY: PROFESSIONAL SERVICES COMMERCIAL BUILDING AND REAL ESTATE FINANCING AND REAL ESTATE BANKING

SOURCE: KKR Real Estate Finance Trust Inc.

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PUB: 01/29/2021 4:30 p.m. / DISC: 01/29/2021 4:30 p.m.

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