FSK / FS KKR Capital: 15% Discount To NAV, Very Low Earnings Multiple, 11% Yield

FS KKR Capital Corp trades at a 20% discount to its book value, offering a high annualized yield of 14.4% and showcasing resilience in an elevated int more_horizontal

Shares of FSK have declined by -4.53% since the last article, pushing its yield to 13.07%. FSK trades at a significant discount to its net asset value more_horizontal

FS KKR Capital Corp is the 2nd largest BDC by net assets and market cap, making it a popular choice among income investors. FSK delivered strong Q2 re more_horizontal

FSK is paying its common shareholders a 12.7% base dividend yield that was 122% covered by its fiscal 2023 second quarter adjusted net investment inco more_horizontal

Inflation for the latest quarter came in at 3.2%, slightly lower than expected. The Dividend Harvesting Portfolio has performed well, delivering consi more_horizontal

Improvement in total investment income and decent portfolio activity support FS KKR Capital's (FSK) Q2 earnings. more_horizontal

The headline numbers for FS KKR Capital (FSK) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to more_horizontal

Although externally managed, management seems to be more aligned with shareholders with frequent special dividends when compared to their more conserv more_horizontal