I've often seen the identity
\begin{equation} k^\mu k^\nu = \frac{1}{4}k^2\delta^{\mu\nu} \tag{1} \end{equation}
used in various derivations (for example, see Schwartz QFT pg. 625). This result doesn't make any sense to me. Let's consider the simple four-vector $$ k^\mu = (1,0,0,0) $$ Here, $k^2 = 1$ (using mostly-minus metric). Therefore, \begin{equation} k^0k^0 = 1 \neq \frac{1}{4} \quad \text{or} \quad k^1k^1 = 0 \neq \frac{1}{4} . \end{equation} What am I missing?