KKR Real Estate Finance Trust's Series A Preferred Stock Crosses Above 7% Yield Territory
September 17, 2024 at 14:45 PM EDT
In trading on Tuesday, shares of KKR Real Estate Finance Trust Inc's 6.50% Series A Cumulative Red Prfd Stock (KREF. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.625), with shares changing hands as low as $22.90 on the day.