KKR Real Estate Finance Trust Inc. (KREF) will begin trading ex-dividend on September 29, 2020. A cash dividend payment of $0.43 per share is scheduled to be paid on October 15, 2020. Shareholders who purchased KREF prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that KREF has paid the same dividend. At the current stock price of $16.7, the dividend yield is 10.3%.
The previous trading day's last sale of KREF was $16.7, representing a -24.19% decrease from the 52 week high of $22.03 and a 144.15% increase over the 52 week low of $6.84.
KREF is a part of the Consumer Services sector, which includes companies such as American Tower Corporation (REIT) (AMT) and Prologis, Inc. (PLD). KREF's current earnings per share, an indicator of a company's profitability, is $.75. Zacks Investment Research reports KREF's forecasted earnings growth in 2020 as 7.78%, compared to an industry average of -18.4%.
Interested in gaining exposure to KREF through an Exchange Traded Fund [ETF]?
The following ETF(s) have KREF as a top-10 holding:
- Invesco Exchange-Traded Fund Trust II (XSHD)
- SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).
The top-performing ETF of this group is SMLV with an increase of 6.13% over the last 100 days. XSHD has the highest percent weighting of KREF at 3.2%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.