KREF dividend calculator – KKR Real Estate Finance Trust Declares $0.43 Dividend for Investors

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KKR ($NYSE:KREF) Real Estate Finance Trust (KREF) has declared a dividend of $0.43 per share for investors. KREF is a real estate finance company that provides debt financing for commercial real estate related transactions including senior mortgage, mezzanine, bridge loans and preferred equity investments. KREF is sponsored and managed by KKR Credit, a strategic business of KKR, one of the world’s leading global investment firms. KREF strives to deliver attractive risk-adjusted returns through its debt investments in commercial real estate opportunities in the United States. The company is listed on the New York Stock Exchange and trades under the symbol “KREF”.

The company has made investments in a variety of sectors, including office, multifamily, industrial, and hospitality. KREF has a wide range of investor groups, including public and private pension funds, insurance companies, foundations, endowments, family offices, funds of funds, and registered investment advisors. This dividend is a reflection of KREF’s dedication to creating value for its investors by providing them with a steady source of income. It also highlights KREF’s commitment to prudently managing the portfolio and delivering consistent returns for investors.

Dividends – KREF dividend calculator

This is the third consecutive year that the trust has issued this annual dividend, with previous dividends of 1.72 USD in the past two years. In addition to the current dividend, the trust also offers attractive yields for investors over the next three years. According to their projections, the dividend yields for 2021 to 2023 are 10.8%, 9.51%, and 8.23%, respectively.

The average dividend yield for the next three years is calculated to be 9.51%. With its consistent dividend payment and attractive yields, it is an attractive investment option for investors seeking passive income from dividend stocks.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for KREF. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for KREF. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for KREF. More…

Key Ratios Snapshot

Some of the financial key ratios for KREF are shown below. More…

Stock Price

On Thursday, KKR REAL ESTATE FINANCE TRUST declared a dividend of $0.43 per share for its investors, causing the stock to open at $11.9 and close at $12.3, an increase of 2.8% from its last closing price of 12.0. This master limited partnership, or MLP, is engaged in the origination and acquisition of senior loans secured by commercial real estate assets and other related investments. KRR Real Estate Finance Trust is managed by KKR Credit Advisors (US) LLC, a subsidiary of KKR & Co., Inc., one of the world’s largest alternative asset managers. This latest dividend demonstrates KKR’s commitment to providing its investors with consistent income and value appreciation. Live Quote…

Analysis – KREF Intrinsic Value

At GoodWhale, we have conducted an analysis of KKR REAL ESTATE FINANCE TRUST’s financials. Our proprietary Valuation Line estimates the fair value of KKR REAL ESTATE FINANCE TRUST share to be around $13.5. However, the stock is currently trading at $12.3, which is a fair price undervalued by 9.0%. More…

Peers

The Company’s competitors include TPG RE Finance Trust Inc, Angel Oak Mortgage Inc, and Granite Point Mortgage Trust Inc.

– TPG RE Finance Trust Inc ($NYSE:TRTX)

TPG RE Finance Trust Inc. is a commercial real estate finance company that focuses on originating and acquiring loans secured by first mortgage liens on commercial properties. The Company operates as a real estate investment trust for federal income tax purposes. TPG RE Finance Trust Inc. is headquartered in New York, New York.

– Angel Oak Mortgage Inc ($NYSE:AOMR)

As of 2022, Angel Oak Mortgage Inc has a market cap of 230.17M. The company is a mortgage lender that provides financing for residential and commercial properties.

– Granite Point Mortgage Trust Inc ($NYSE:GPMT)

Granite Point Mortgage Trust Inc. is a real estate investment trust, which focuses on originating, financing and managing senior floating rate commercial mortgage loans and other debt and equity investments. The company has a market cap of $350.75 million as of 2022. It operates through the following segments: Commercial Real Estate, Residential Real Estate and Corporate. The Commercial Real Estate segment includes loans secured by office, retail, hotel, industrial and other properties. The Residential Real Estate segment comprises loans secured by multifamily properties. The Corporate segment includes all other activities. Granite Point Mortgage Trust was founded on April 28, 2009 and is headquartered in New York, NY.

Summary

KKR Real Estate Finance Trust Inc. (KREF) recently announced a quarterly dividend of $0.43 per share. KREF is a public mortgage REIT, and invests in real estate-related assets, including commercial mortgages, mezzanine loans, and other mortgage-related assets. The company boasts a high-quality portfolio with a diversified mix of loans, and its portfolio is comprised of primarily floating rate investments, which provides protection from inflationary pressures.

KREF has a balanced balance sheet with low leverage, meaning its investments are well-protected with adequate liquidity for future growth. With its attractive dividend yield, KREF offers an attractive option for income-seeking investors.