FS KKR Capital Releases 2024 Financial Results, Awaiting Q1 2025 Data

Published 3 days agoFSK

FS KKR Capital Releases 2024 Financial Results, Awaiting Q1 2025 Data

FS KKR Capital Corp. (FSK) has yet to publish its financial results for the first quarter of 2025, as investors eagerly anticipate new data to assess the company's performance. The most recent figures, detailed by FS KKR, cover the fourth quarter and the full year of 2024 and were released on February 26, 2025.

For the fourth quarter of 2024, FSK reported a net investment income of $0.61 per share, which marks a decline from the third quarter's $0.77 per share. Adjusted net investment income was $0.66 per share, slightly down from $0.74 in the previous period. The company's net asset value per share experienced a mild drop from $23.82 to $23.64. As of December 31, 2024, FSK had a portfolio value of $13.5 billion, with a weighted average annual yield on debt investments decreasing to 11.3% from 11.9% in the prior quarter.

In anticipation of the upcoming quarter, FSK declared a first-quarter 2025 distribution of $0.70 per share. Of this, $0.64 is designated as the base distribution, and $0.06 as a supplemental distribution, set for payment on or around April 2, 2025. As noted by Insider Monkey, FSK's noteworthy $1.4 billion commitment in new investments during the first quarter of 2024 hints at a potential for increased net investment income during the first quarter of 2025, though the forthcoming Q1 results are required for a complete financial assessment.

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