realestate

KKR REIT Announces Preferred Stock Distribution

KREF Announces $0.40625 Dividend for Series A Preferred Stock, Payable December 13.

K
KR Real Estate Finance Trust Inc. (NYSE: KREF) has announced a dividend of $0.40625 per share for its 6.50% Series A Cumulative Redeemable Preferred Stock, representing an annual dividend of $1.625 per share. The dividend is payable on December 13, 2024 to preferred stockholders of record as of November 29, 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 payment indicates the company's financial stability and commitment to providing consistent returns to its preferred stockholders.

KKR Real Estate Investment Trust announces preferred stock distribution announcement.