Last $6.55 USD
Change Today +0.12 / 1.87%
Volume 46.1M
KRG On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

kite realty group trust (KRG) Snapshot

Open
$6.47
Previous Close
$6.43
Day High
$6.55
Day Low
$6.39
52 Week High
11/15/13 - $6.87
52 Week Low
08/13/13 - $5.52
Market Cap
2.2B
Average Volume 10 Days
13.4M
EPS TTM
$-0.13
Shares Outstanding
339.3M
EX-Date
06/20/14
P/E TM
--
Dividend
$0.26
Dividend Yield
3.83%
Current Stock Chart for KITE REALTY GROUP TRUST (KRG)

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kite realty group trust (KRG) Details

Kite Realty Group Trust is a publicly owned real estate investment trust. The firm invests in real estate markets of the United States. It engages in ownership, operation, management, leasing, acquisition, construction, expansion, and development and redevelopment of operating retail properties, retail properties under development, operating commercial properties, parking garage, commercial property under development, parcels of land, shopping, dining, and entertainment properties. Kite Realty Group was founded in 1968 and is based in Indianapolis, Indiana with additional offices at Naples, Florida and Delray Beach, Florida.

95 Employees
Last Reported Date: 03/7/14
Founded in 1968

kite realty group trust (KRG) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.5M
President and Chief Operating Officer
Total Annual Compensation: $789.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $675.6K
Compensation as of Fiscal Year 2013.

kite realty group trust (KRG) Key Developments

Kite Realty Group Trust Increases Unsecured Revolving Credit Facility to $500 Million

Kite Realty Group Trust announced that it entered into an Amended and Restated Credit Agreement, consolidating and restating its unsecured revolving credit and unsecured term loan credit facilities in connection with the closing of its merger with Inland Diversified Real Estate Trust Inc. The major terms of the amended facilities include the following: Unsecured Revolving Credit Facility: borrowing capacity increased from $200 million to $500 million; interest rate reduced from LIBOR plus 165 to 250 basis points to LIBOR plus 140 to 200 basis points, depending on the company's leverage ratio; maturity date extended sixteen months to July 1, 2018 with options to further extend to July 1, 2019; and $250 million expansion feature, subject to certain conditions including obtaining commitments from any one or more lenders, whether or not currently party to the Amended and Restated Credit Agreement, to provide such increased amounts. Unsecured Term Loan Credit Facility: principal amount of the term loan remains at $230 million; interest rate reduced from LIBOR plus 145 to 245 basis points to LIBOR plus 135 to 190 basis points, depending on the Company's leverage ratio; maturity date extended ten months to July 1, 2019 with option to further extend to January 1, 2020; and $170 million expansion feature, subject to certain conditions including obtaining commitments from any one or more lenders, whether or not currently party to the Amended and Restated Credit Agreement, to provide such increased amounts.

Kite Realty Group Trust Announces Common Dividend for the Quarter Ended June 30, 2014, Payable on or About July 1, 2014

Kite Realty Group Trust announced that the board of trustees declared a quarterly cash distribution of $0.065 per common share for the quarter ended June 30, 2014 to shareholders of record as of June 24, 2014. This distribution will be paid on or about July 1, 2014.

Inland Diversified Real Estate Trust, Inc., Kite Realty Group Trust - M&A Call

Inland Diversified Real Estate Trust, Inc., Kite Realty Group Trust - M&A Call

 

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