KKR & Co. Inc. (KKR) To Go Ex-Dividend on November 19th

KKR & Co. Inc. (NYSE:KKR) announced a quarterly dividend on Monday, November 9th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.1950 per share by the asset manager on Thursday, December 3rd. This represents a $0.78 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 19th.

KKR & Co. Inc. has raised its dividend payment by an average of 0.1% annually over the last three years and has increased its dividend every year for the last 5 years. KKR & Co. Inc. has a dividend payout ratio of 11.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect KKR & Co. Inc. to earn $6.68 per share next year, which means the company should continue to be able to cover its $0.78 annual dividend with an expected future payout ratio of 11.7%.

KKR & Co. Inc. Price Performance

Shares of KKR opened at $100.71 on Wednesday. The business’s fifty day moving average is $95.62 and its 200 day moving average is $98.08. KKR & Co. Inc. has a 12-month low of $82.67 and a 12-month high of $144.84. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.71. The stock has a market cap of $90.40 billion, a P/E ratio of 29.36, a P/E/G ratio of 0.75 and a beta of 1.72.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings data on Monday, November 9th. The asset manager reported $1.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.20. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $2.66 billion. KKR & Co. Inc. had a net margin of 16.38% and a return on equity of 6.31%. During the same period last year, the company earned $1.41 earnings per share. Sell-side analysts anticipate that KKR & Co. Inc. will post 7.35 earnings per share for the current fiscal year.

About KKR & Co. Inc.

KKR & Co. Inc. is a global investment firm that manages alternative investment funds and other investment products. Its activities include private equity, credit, infrastructure and real estate investing, as well as insurance through its Global Atlantic business. The firm also provides capital markets services, including financing and strategic solutions for companies and other clients. KKR invests across multiple industries and serves clients and investors in markets around the world. Founded in 1976 by Henry Kravis, George Roberts and Jerome Kohlberg, KKR is led by co-chief executive officers Joseph Bae and Scott Nuttall.