Growth and Income REIT
Distribution History
CASH DISTRIBUTION HISTORY*
| RECORD PERIOD | PAYMENT PERIOD (Per Share) |
AMOUNT PER SHARE** (Per Share Per Day) |
ANNUALIZED DISTRIBUTION RATE |
| September 2015 | October 2015 | $0.04109589 | 5.0% |
| October 2015 – August 2017 | November 2015 – September 2017 | $0.00136986 | 5.0% |
| September 2017 – December 2017 | October 2017 – January 2018 | $0.00131849 | 5.5% |
| January 2018 – April 2018 | February 2018 – May 2018 | $0.00132452 | 5.5% |
| May 2018 – December 2018 | June 2018 – January 2019 | $0.00144493 | 6.0% |
| January 2019 – May 2019 | February 2019 – June 2019 | $0.00151233 | 6.0% |
| June 2019 – July 2019*** | July 2019 – August 2019 | $0.046 per month | 6.0% |
*There is no assurance KBS Growth & Income REIT will declare and pay cash distributions at this rate and the REIT may modify the rate at its discretion. Cash distributions paid through March 31, 2019, consisting of 54% paid in cash and 46% reinvested through the dividend reinvestment plan, have been funded with 64% coming from cash flow from operations, 7% from advances from the REIT’s advisor and 29% from debt financing. For more information, please refer to KBS Growth & Income REIT’s public filings.
**The amount per share for Class T Shares was reduced by the 1% annual stockholder servicing fee for shares sold in the public offering. This servicing fee accrued daily and was paid monthly in arrears. KBS Growth & Income REIT’s primary public offering was terminated effective June 30, 2017. Pursuant to the terms of the Class T shares as set forth in the REIT’s offering documents, the REIT ceased accruing for stockholder servicing fees after June 30, 2017 and reversed the amounts previously accrued. Please see KBS Growth & Income REIT’s public filings for more information.
***As of May 13, 2019, distributions for May through July 2019 have been declared and the REIT expects to pay them on or about the first business day of the following month.
STOCK DIVIDEND HISTORY****
| RECORD DATE | ISSUE DATE | AMOUNT PER SHARE (Per Share Per Day) |
| September 30, 2015 – Dec. 31, 2015 | October 1, 2015 – January 4, 2016 | $0.0000273974 per day |
| January 31, 2016 – Dec. 31, 2016 | February 1, 2016 – January 5, 2017 | $0.0000273974 per day |
| January 31, 2017 – August 31, 2017 | February 2, 2017 – September 5, 2017 | $0.00083333 per period |
****KBS Growth & Income REIT does not expect to authorize any additional stock dividends.