KKR & Co. Inc. (NYSE:KKR) Declares $0.19 Quarterly Dividend

KKR & Co. Inc. (NYSE:KKR) declared a quarterly dividend on Friday, November 7th. Shareholders of record on Monday, November 17th will be given a dividend of 0.185 per share by the asset manager on Tuesday, December 2nd. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, November 17th.

KKR & Co. Inc. has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 5 years. KKR & Co. Inc. has a dividend payout ratio of 11.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect KKR & Co. Inc. to earn $6.56 per share next year, which means the company should continue to be able to cover its $0.74 annual dividend with an expected future payout ratio of 11.3%.

KKR & Co. Inc. Stock Performance

KKR & Co. Inc. stock traded down $0.79 during trading hours on Friday, hitting $119.96. The company had a trading volume of 4,359,596 shares, compared to its average volume of 4,708,313. The firm has a market cap of $106.93 billion, a PE ratio of 55.80, a PEG ratio of 1.33 and a beta of 1.92. The firm has a 50-day moving average of $128.26 and a 200 day moving average of $131.05. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.08 and a quick ratio of 0.08. KKR & Co. Inc. has a one year low of $86.15 and a one year high of $170.40.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings data on Friday, November 7th. The asset manager reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.11. KKR & Co. Inc. had a net margin of 12.95% and a return on equity of 6.30%. The business had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter in the previous year, the company earned $1.38 EPS. On average, sell-side analysts expect that KKR & Co. Inc. will post 5.19 earnings per share for the current year.

About KKR & Co. Inc.

KKR & Co, Inc operates as an investment firm. It offers alternative asset management as well as capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business. The Asset Management segment engages in providing private equity, real assets, credit and liquid strategies, capital markets, and principal activities.