Friday, December 13, 2024
HomeFinance NewsKKR REIT Inc. Announces Dividend for Preferred Stock

KKR REIT Inc. Announces Dividend for Preferred Stock

In a recent announcement, KKR Real Estate Finance Trust Inc. declared a dividend of $0.40625 per share for its 6.50% Series A Cumulative Redeemable Preferred Stock. This dividend represents an annual dividend of $1.625 per share, with payment scheduled for June 14, 2024, to preferred stockholders of record as of May 31, 2024. KREF is a real estate finance company focused on originating and acquiring senior loans secured by commercial real estate properties, managed by an affiliate of KKR & Co. Inc.

With its strategic approach to real estate finance, KKR Real Estate Finance Trust Inc. continues to cater to its investors by providing consistent dividends through preferred stock offerings. By maintaining external management and advisory services by KKR & Co. Inc., KREF ensures a holistic approach to its investment strategies and financial growth. The announcement of this dividend highlights the company’s commitment to shareholder value and its position as a reliable player in the real estate finance industry.

As a forward-looking real estate finance company, KKR Real Estate Finance Trust Inc. utilizes its expertise and resources to navigate the ever-evolving market trends and expectations. The company’s focus on future plans and strategies, as outlined in its forward-looking statements, reflects its dedication to adapting to changing circumstances and optimizing performance. By providing transparent and timely updates to investors and stakeholders, KREF maintains a proactive stance in the competitive landscape of commercial real estate finance.

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