FS KKR Capital Corp. II Announces Quarterly Dividend of $0.55 (NYSE:FSKR)

FS KKR Capital Corp. II (NYSE:FSKR) declared a quarterly dividend on Tuesday, May 11th, Wall Street Journal reports. Stockholders of record on Friday, June 11th will be paid a dividend of 0.55 per share on Friday, July 2nd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 9.95%. The ex-dividend date is Thursday, June 10th.

FS KKR Capital Corp. II has a dividend payout ratio of 98.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities analysts expect FS KKR Capital Corp. II to earn $2.30 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 95.7%.

NYSE FSKR opened at $22.11 on Wednesday. FS KKR Capital Corp. II has a 1-year low of $11.64 and a 1-year high of $22.17. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a 50-day moving average of $20.60. The company has a market cap of $3.76 billion and a price-to-earnings ratio of 10.02.

FS KKR Capital Corp. II (NYSE:FSKR) last released its earnings results on Sunday, May 9th. The company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.01. FS KKR Capital Corp. II had a return on equity of 8.76% and a net margin of 64.18%. On average, sell-side analysts anticipate that FS KKR Capital Corp. II will post 2.26 earnings per share for the current year.

Separately, Zacks Investment Research lowered FS KKR Capital Corp. II from a “buy” rating to a “hold” rating in a research note on Tuesday, April 27th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.58.

FS KKR Capital Corp. II Company Profile

FS KKR Capital Corp. II, formerly known as FS Investment Corp II, is a business development company specializing in investments in floating rate, senior secured loans-first lien and second line, senior secured bonds, subordinated debt, collateralized securities, corporate bonds, debt securities, equity such as warrants or options in middle market private companies.

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Dividend History for FS KKR Capital Corp. II (NYSE:FSKR)

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