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KW - Kennedy-Wilson: Business Is Moving In The Right Direction
Kennedy-Wilson Holdings Inc.
2024-05-31 11:03:49 ET
Summary
Kennedy-Wilson Holdings, Inc. posted improved Q1 2024 results, with growth in multifamily investment and investment management fees.
The company resized its dividend by 50%, saving $66 million annually.
KW completed multiple strategic acquisitions and dispositions of non-core assets.
Introduction
Kennedy-Wilson Holdings, Inc. ( KW ) issued their Q1 2024 results in early May, posting improved results YoY. Following on from my previous article on KW, I will assess if my previous hold recommendation is the correct decision....