KKR & Co. Inc. (NYSE:KKR) to Issue Quarterly Dividend of $0.20

KKR & Co. Inc. (NYSE:KKR – Get Free Report) announced a quarterly dividend on Monday, November 9th. Stockholders of record on Thursday, November 19th will be paid 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 by an average of 0.1% annually over the last three years and has increased its dividend annually for the last 5 consecutive years. KKR & Co. Inc. has a dividend payout ratio of 11.7% indicating that its dividend is sufficiently covered by earnings. Equities 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. Trading Up 1.6%

Shares of NYSE KKR opened at $98.06 on Tuesday. KKR & Co. Inc. has a fifty-two week low of $82.67 and a fifty-two week high of $144.84. The firm has a market capitalization of $88.03 billion, a P/E ratio of 31.23, a P/E/G ratio of 0.78 and a beta of 1.72. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.09 and a quick ratio of 0.09. The company’s 50 day simple moving average is $95.80 and its 200 day simple moving average is $98.20.

KKR & Co. Inc. (NYSE:KKR – Get Free Report) last released its earnings results on Monday, November 9th. The asset manager reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.20. KKR & Co. Inc. had a net margin of 14.41% and a return on equity of 5.88%. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the previous year, the business earned $1.41 EPS. On average, analysts predict that KKR & Co. Inc. will post 7.35 EPS for the current year.

KKR & Co. Inc. News Summary

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Dividend History for KKR & Co. Inc. (NYSE:KKR)

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