KKR & Co., Inc. (KKR) Dividend Details and dates on New York Stock Exchange

KKR & Co., Inc. Dividend Stock Review

New York Stock Exchange

KKR & Co., Inc. (KKR) Dividend Details and dates on New York Stock Exchange

KKR & Co., Inc. KKR & Co., Inc. provides investment and private equity asset management services. It manages investments across multiple asset classes includes private equity, energy, infrastructure, real estate, credit and hedge funds. The firm operates business through four business segments: Private Markets, Public Markets, Capital Markets and Principal Activities. The Private Markets segment is comprised of the global private equity business, which manages and sponsors a group of investment funds and vehicles that invest capital for long-term appreciation, either through controlling ownership of a company or strategic minority positions. The Public Markets segment is comprised primarily of the company fixed income businesses which manage capital in liquid credit strategies, such as leveraged loans and high yield bonds, and less liquid credit products. The Capital Markets segment combines the assets acquired in the Combination Transaction with the company's global capital markets business. The Principal Activities segment manages the firm's own assets and deploys capital to support and grow the businesses. The company was founded by Henry R. Kravis and George R. Roberts in 1976 and is headquartered in New York, NY.
Sector: Finance Investment Managers

Dividend income advisory for KKR
Dividend Yield for KKR
The expected yield for KKR is 2.44 %, this seems a healthy dividend return and if KKR & Co., Inc. is also cheaply priced, and has a low debt to equity ratio and if KKR & Co., Inc. makes a good profit.

How is KKR priced
KKR has a trailing price to earnings ratio (P/E) of 7.73. The ratio is determined by the performance in the last 12 months. The P/E ratio seems very good, however we should verify if there are no exceptional reasons for KKR & Co., Inc. to record this P/E ratio.

Debt to equity of KKR
With the Debt To Equity rate of KKR (2.63) we can conclude that KKR & Co., Inc. has more external liabilities than equity provided by shareholders. The company is leveraging it's investments with external cash. This can result in more returns but comes at a higher risk.

Price Prediction for KKR
On average analists predict that KKR will be correctly priced after a 22%. change. We can expect some long term capital gains.

Upcoming Dividends for KKR
No Upcoming dividends declared.

Dividends in past 12 months KKR
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-07-25 2019-08-02 2019-08-20 2019-08-05 0.125 USD Quarterly
2019-04-30 2019-05-10 2019-05-28 2019-05-13 0.125 USD Quarterly
2019-02-01 2019-02-08 2019-02-26 2019-02-11 0.125 USD Quarterly
2018-10-25 2018-11-02 2018-11-20 2018-11-05 0.125 USD Quarterly

Historical Dividends & Cap Growth for KKR
Past 5 Year Capital Gains 17.27 %
Dividend yield 20.3 %
Growth including dividends 37.56%
Latest news for KKR

2019-08-17 KKR has quietly started hiring college seniors— we have the details, and what it says about how private equity is battling banks to fill six-figure jobs The industry has been pushing to recruit earlier and earlier, with some firms opening up select spots for the most talented undergrads.
Original Article @ Business Insider

2019-08-16 Exclusive: Buyout firms KKR, Blackstone among bidders for... Buyout firms KKR , Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines' Metro Pacific Investments Corp , people with knowledge of the matter told Reuters.
Original Article @ Reuters

2019-08-13 The way firms make or break a deal is a whole new ballgame now Mumbai: In April, when the Blackstone Group pipped rivals to acquire a majority stake in packaging company Essel Propack for $460 million, it was on the back of the rich experience of one of its operating partners, former Unilever chief operating officer Harish Manwani.The fact that the global private equity firm owns four similar businesses globally also went in its favour in a deal that was fought neck and neck with other PE funds.“We won Essel Propack, given the consumer expertise brought to the fore by Harish Manwani. Similarly, in Agile Electric, because of Jeff Overly (industrials) and Mphasis, due to Dave Johnson (IT services),” said Amit Dixit, the India head for Blackstone. Blackstone leverages its global network of 41 operating professionals and 45 advisers across sectors to win deals, he added. 70654516 At a time when most global private equity and venture capital funds are lining up to invest in India and upping their game, money seems to have become just a commodity. Companies that are looking to raise capital now choose funds based on the human capital they bring to the table.Operational partners and sector experts are the reason why promoters choose a fund over another, often ignoring the highest bid, industry experts say.“If you don’t differentiate (people expertise), capital does not differentiate any more,” said Ravi Lambah, the the global head of telecom, media & technology at Singapore’s Temasek.An operating partner is often an industry expert who helps manage the portfolio of companies for a PE fund.
Original Article @ The Economic Times India

2019-08-12 Radiant Life Care rejigs board of directors and leadership team Radiant Life Care that acquired Max Healthcare through a two stage structured transaction, has restructured its board of directors and leadership team. Former Sebi Chairman UK Sinha and Micheal Neeb former president of HCA Healthcare, a US-based leading hospital chain joined as independent directors.In addition, Radiant has nominated Sanjay Nayar CEO of KKR as non- executive director. Tara Vachhani and Mohit Talwar will continue as Max India nominees. After the completion of the transaction that will take 8 to 12 months, KKR will be largest shareholder in the Max-Radiant combined entity.As the merger between Radiant and Max Healthcare is underway, to manage the day to day operations of Max, a management council has been constituted. The council members include three senior directors – Yogesh Sareen, Mradul Kaushik and Vandana Pakle.In the first part of the deal, Radiant Life Care had acquired 49.7% stake in MHIL for Rs 2,136 crore from South African firm— Life Healthcare. Abhay Soi, Chairman and Managing Director of Radiant has been appointed as the Chairman of MHIL.
Original Article @ The Economic Times India

2019-08-02 Campbell Soup Stock Is Gaining After KKR Agrees to Buy Its Cookie Brand The soup and snack maker will sell its Arnott’s cookie brand and several other international holdings, concentrated mostly in Australia and Asia, to private-equity firm KKR.
Original Article @ MarketWatch

2019-08-02 Campbell confirms sale of Australian snacks unit Arnott's to KKR... Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.
Original Article @ Reuters

2019-08-01 Siddhartha had personal debt of more than Rs 1K-cr MUMBAI: Café Coffee Day’s late founder VG Siddhartha had taken on debt of more than Rs 1,000 crore through entities that housed his personal holdings, according to corporate affairs ministry documents accessed by ET. A letter purportedly written by Siddhartha to the board and employees of Café Coffee Day, before he went missing, had cited growing pressure from creditors and a private equity partner.Devadarshini Info Technologies, Gonibedu Coffee and Coffee Day Consolidations are the main entities through which this debt was raised, according to the data. In September 2014, Devadarshini secured Rs 471 crore through optionally convertible debentures from Standard Chartered Private Equity (Mauritius), Credit Opportunities Fund and Asia Credit Opportunities (Mauritius). In November 2018, Devadarshini raised Rs 300 crore from SSG Asia and partially repaid these OCDs, sources briefed on the matter said. Other debt facilities include a Rs 450 crore exposure in Gonibedu Coffee. It could not be verified whether these debts have been repaid or not.ET reported on Tuesday that US private equity giant KKR has a Rs 255 crore exposure to Siddhartha’s personal holding entities.
Original Article @ The Economic Times India

2019-07-31 US PE firm ‘saddened by the developments’, holds around 6.07% in Coffee Day Enterprises “KKR has loans outstanding, to the group, including interest, of approximately Rs 255 crore,” said a source close to KKR on condition of anonymity.
Original Article @ The Economic Times India

2019-07-30 Private equity funds saddened by CCD boss' missing, enjoyed great relationship MUMBAI: Two leading foreign PEs --KKR and Standard Chartered PE which together own close to 12 percent in Cafe Coffee Day--said they are "saddened" by the sudden disappearance of VG Siddharatha, the founder-chairman of the country's largest coffee chain, and that they enjoyed a "great relationship" with him. The role of private equity funds has been under cloud after a letter purportedly written by Siddhartha on July 27 accused a PE fund to buy back shares. Buyout major KKR and Standard Chartered Private Equity said they had invested in the Bangalore company nine years ago and part-exited from the investments last year.In statements issued separately, KKR said it holds a little over 6 percent of the company after selling 4.25 percent last year, while StanC said it owns 5.7 percent in Coffee Day Enterprises."We are deeply saddened by the developments and our thoughts are with his family. We believed in Siddhartha and had invested in the company about nine years ago," a KKR statement said.The spokesperson of StanC PE said the fund enjoyed a "great relationship" throughout its investment.
Original Article @ The Economic Times India

2019-07-30 VG Siddharth's disappearance: KKR says still owns over 6% in CCD; HDFC says no exposure to company since January MUMBAI: Global buyout major KKR has said it is "deeply saddened" by the disappearance of VG Siddharth, the promoter of its investee company the coffee chain Cafe Coffee Day since Monday evening.In a purported letter sent to the company board and the employees of the coffee chain he founded, Siddharth had on July 27 said he was under pressure from one of the private equity partners to buy back shares.KKR in a statement Tuesday said it had invested in the popular coffee chain nine years ago and part-exited the investment last year.The fund statement added that it continues to hold about 6 percent in the company now down from 10.3 percent earlier."We are deeply saddened by the developments and our thoughts are with his family at this time. We believe in VG Siddhartha and had invested in the company about nine years ago," KKR said in a statement.It can be noted that generally, private equity funds have a shorter investment horizon of say one to seven years wherein they help an invested company grow and exit.The 57-year-old Siddhartha, the son-in-law of former Union minister SM Krishna, has also blamed pressure from lenders and the tax department in the letter and has even named a director-level income tax officer in his apparent suicide note.Meanwhile, mortgage major HDFC denied it has any exposure to any of the companies associated with Siddhartha. "HDFC had disbursed lease rental discounting loans to Tanglin Developments (CCD) for its project Global Village Tech Park in Bangalore.
Original Article @ The Economic Times India

Dividend Stats For KKR

  • Current Dividend Yield 2.44%
  • Past Year Payout: 0.5 USD
  • Next Ex Dividend Undeclared
  • Next Payment: N/A USD
  • Our score 70 %

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