KB STAR REIT Declares Cash Dividend of 170 KRW Per Share, Dividend Yield of 7.5% Reflects Commitment to Shareholder Returns

KB STAR REIT has declared a cash dividend of 170 KRW per share, approved by the board on April 15, 2026.
The total dividend amount of approximately 25.6 billion KRW is calculated based on the total outstanding shares of 150,764,285, which includes 49,350,000 new shares to be issued from the ongoing rights offering.
The dividend yield for common shares is 7.5%, with a record date of May 8, 2026, and the general shareholders' meeting scheduled for April 30, 2026.
Dividends are expected to be paid within one month from the AGM date.
[AI Summary]This dividend decision demonstrates the company's commitment to shareholder returns despite the dilution from the rights offering. The high dividend yield of 7.5% could boost investor sentiment and support the stock price. However, the dividend amount is based on preliminary financials and may change after the audit and shareholder approval, so investors should monitor the final confirmation.