Quarterly ResultAug 6, 2026, 06:47 AM
FS KKR Q2 Net Investment Income $0.44/share; Declares Q3 Dividend $0.44/share
AI Summary
FS KKR Capital Corp. announced its second quarter 2026 financial results, reporting net investment income of $0.44 per share, an increase from the previous quarter. The company also declared a third quarter 2026 cash distribution of $0.44 per share. Key highlights include a reduction in the debt to equity ratio to 127% and an improvement in the total net realized and unrealized loss per share to $0.56. Management emphasized progress in reducing non-accrual assets and ongoing strategic actions, including share repurchases and a convertible preferred stock issuance.
Key Highlights
- Q2 2026 Net Investment Income $0.44/share, up from $0.42/share in Q1.
- Q2 2026 Adjusted Net Investment Income $0.43/share, up from $0.41/share in Q1.
- Net Asset Value $18.30/share as of June 30, 2026, down from $18.83/share.
- Total net realized and unrealized loss $0.56/share, improved from $2.00/share.
- Q2 2026 Earnings (Loss) per share ($0.13), improved from ($1.57).
- Debt to equity ratio reduced to 127% from 138% in Q1.
- Declared Q3 2026 cash distribution of $0.44/share, payable October 2, 2026.
- Repurchased 3.35M shares for $36M from July 1 to August 5, 2026.
- Non-accrual investments decreased to 3.8% (fair value) from 4.2%.
- Total fair value of investments $11.4 billion, 63.0% in senior secured.
Price Impact
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