KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.25 Per Share of Common Stock

Rhea-AI Summary

KKR Real Estate Finance Trust (KREF) has announced a quarterly dividend of $0.25 per share for Q2 2024. The dividend will be paid on July 15, 2024, to shareholders of record as of June 28, 2024. KREF, primarily focused on senior loans secured by commercial real estate, is managed by an affiliate of KKR & Co. This announcement reflects KREF’s ongoing commitment to returning value to its shareholders through regular dividends.

Positive

• Quarterly dividend of $0.25 per share declared for Q2 2024.
• Dividend payout date set for July 15, 2024.
• Dividend reflects ongoing shareholder value return policy.
• KREF focuses on senior loans secured by commercial real estate.

Negative

• No mention of financial performance or earnings in the announcement.
• Dividend amount remains unchanged, indicating no increase.

NEW YORK--(BUSINESS WIRE)-- KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.25 per share of common stock with respect to the second quarter of 2024. The dividend is payable on July 15, 2024 to KREF’s common stockholders of record as of June 28, 2024.

About KKR Real Estate Finance Trust Inc.

KREF is a real estate finance company that focuses primarily on originating and acquiring senior loans secured by commercial real estate properties. KREF is externally managed and advised by an affiliate of KKR & Co. Inc. For additional information about KREF, please visit its website at www.kkrreit.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company or are within its control. The forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company does not undertake any obligation to update any forward-looking statements except as required by law. Information about factors affecting the Company and the forward-looking statements is available in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and other filings with the Securities and Exchange Commission, which are available at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240613197914/en/

MEDIA:

Miles Radcliffe-Trenner

(212) 750-8300

media@kkr.com



INVESTOR RELATIONS:

Jack Switala

(212) 763-9048

kref-ir@kkr.com

Source: KKR Real Estate Finance Trust Inc.

FAQ

What dividend did KREF announce for Q2 2024?

KKR Real Estate Finance Trust announced a quarterly dividend of $0.25 per share for Q2 2024.

When is KREF's Q2 2024 dividend payable?

The dividend is payable on July 15, 2024.

What is the record date for KREF's Q2 2024 dividend?

The record date for the dividend is June 28, 2024.

What type of loans does KREF focus on?

KREF focuses on originating and acquiring senior loans secured by commercial real estate properties.