Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 5

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 5
---
,961.1 7,712.1 8,271.8 7,876.5 Mortgage debt2,372.2 2,597.2 2,840.9 3,018.0 2,959.8 KW unsecured debt1,886.3 1,877.9 1,934.3 2,062.6 1,852.3 KWE unsecured bonds352.4 309.8 522.8 506.4 622.8 Kennedy Wilson equity1,527.5 1,601.2 1,755.1 1,964.0 1,777.6 Noncontrolling interests32.5 34.8 43.3 46.4 26.3 Total equity1,560.0 1,636.0 1,798.4 2,010.4 1,803.9 Common shares outstanding137.9 137.4 138.7 137.8 138.0 

The following table shows the historical U.S. federal income tax treatment of Company’s common stock dividend for the years ended December 31, 2024 through 2020:  

44

December 31,20242023202220212020Taxable Dividend100.00 %— %37.81 %— %27.14 %Non-Taxable Return of Capital— %100.00 %62.19 %100.00 %72.86 %Total100.00 %100.00 %100.00 %100.00 %100.00 %

Quarter to Date Highlights

During the three months ended September 30, 2025, we achieved the following:

•Originated $603.4 million ($15.1 million at our share) of new senior construction loans through our debt investment platform.

•Generated total investment management fees of $23.4 million, an increase of 8% from the third quarter of 2024.

•Continued to see strength in our stabilized multifamily portfolio which saw same-property revenue growth of 2.1% and same-property NOI growth of 2.5%.

•Sold three (3) non-core assets: a wholly-owned, 88-unit multifamily property located in the Mountain West, an office property in Italy, and a UK retail asset