KKR Real Estate Finance Trust Inc. Declares Quarterly Dividend of $0.43 Per Share of Common Stock

Rhea-AI Summary

KKR Real Estate Finance Trust Inc. (NYSE: KREF) has declared a dividend of $0.43 per share for the first quarter of 2021. This dividend is payable on April 15, 2021, to shareholders recorded as of March 31, 2021. The company focuses on originating and acquiring senior loans backed by commercial real estate. KREF is managed by an affiliate of KKR & Co. Inc.

Positive

• Declared a dividend of $0.43 per share, enhancing shareholder income.
• Dividend payment reflects company's ongoing financial health.

Negative

• None.

KKR Real Estate Finance Trust Inc. (the “Company” or “KREF”) (NYSE: KREF) announced that the Board of Directors has declared a dividend of $0.43 per share of common stock and special voting preferred stock with respect to the first quarter of 2021. The dividend is payable on April 15, 2021 to KREF’s common stockholders and its special voting preferred stockholders of record as of March 31, 2021.

About KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc. (NYSE: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, 2020, 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/20210315005522/en/

FAQ

What is the dividend amount declared by KREF?

KKR Real Estate Finance Trust has declared a dividend of $0.43 per share.

When is the KREF dividend payable?

The dividend will be payable on April 15, 2021.

What is the record date for KREF's dividend?

The record date for the dividend is March 31, 2021.

How does KREF's dividend impact shareholders?

The declared dividend provides additional income to shareholders, reflecting the company's financial stability.