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 Inc. (NYSE: KREF) has declared a quarterly dividend of $0.25 per share for the third quarter of 2024. The dividend will be paid on October 15, 2024 to shareholders of record as of September 30, 2024. KREF is a real estate finance company that primarily focuses on originating and acquiring senior loans secured by commercial real estate properties. The company is externally managed and advised by an affiliate of KKR & Co. Inc. This dividend announcement demonstrates KREF's commitment to providing regular returns to its shareholders.

Positive

• Consistent quarterly dividend of $0.25 per share
• Maintains regular cash flow to shareholders
• Indicates stability in the company's financial position

Negative

• None.

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 third quarter of 2024. The dividend is payable on October 15, 2024 to KREF’s common stockholders of record as of September 30, 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/20240913532246/en/

Investor Relations:

KKR Real Estate Finance Trust Inc.

Jack Switala

Tel: +1-888-806-7781 (U.S.) / +1-212-763-9048 (Outside U.S.)

KREF-IR@kkr.com



Media:

Kohlberg Kravis Roberts & Co. L.P.

Miles Radcliffe-Trenner

Tel: +1-212-750-8300

media@kkr.com

Source: KKR Real Estate Finance Trust Inc.

FAQ

What is the dividend amount for KREF stock in Q3 2024?

KKR Real Estate Finance Trust Inc. (KREF) has declared a dividend of $0.25 per share for the third quarter of 2024.

When will KREF pay its Q3 2024 dividend?

The dividend for Q3 2024 will be paid on October 15, 2024 to KREF's common stockholders of record as of September 30, 2024.

What is the main business focus of KKR Real Estate Finance Trust Inc. (KREF)?

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

How often does KREF pay dividends?

Based on the announcement of a quarterly dividend, KREF appears to pay dividends on a quarterly basis.