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

KKR & Co. Inc. (NYSE:KKR) declared a quarterly dividend on Friday, November 7th. Investors 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) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, November 17th.

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 payout ratio of 11.1% meaning its dividend is sufficiently covered by earnings. Research 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. Price Performance

Shares of KKR & Co. Inc. stock traded down $0.79 on Friday, reaching $119.96. The company’s stock had a trading volume of 4,359,596 shares, compared to its average volume of 4,708,313. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $106.93 billion, a P/E ratio of 55.80, a PEG ratio of 1.33 and a beta of 1.92. The stock has a 50-day moving average price of $128.26 and a 200-day moving average price of $131.05. KKR & Co. Inc. has a 52-week low of $86.15 and a 52-week high of $170.40.

KKR & Co. Inc. (NYSE:KKR) last issued its quarterly earnings results on Friday, November 7th. The asset manager reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.11. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $2.14 billion. KKR & Co. Inc. had a net margin of 12.95% and a return on equity of 6.30%. During the same period last year, the company posted $1.38 EPS. Analysts expect that KKR & Co. Inc. will post 5.19 EPS for the current year.

KKR & Co. Inc. Company Profile

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.