KKR Real Estate Finance Trust Inc. (KREF) Dividend History

NYSE: KREFYield, payment dates, growth and payout ratio.

KREF latest dividend

$0.10last dividend per share
Ex-dividend dateSep 30Wednesday, 2026
Payment dateOct 15Thursday, 2026

The next dividend has not been announced yet.

  • 2017paying since
  • Quarterly4 payments a year
  • −10.3%5-year growth a year
  • 6.90%forward yield

KREF dividend income calculator

Dividend income a year
$40
Each payment
$10
Value of the shares
$580
Dividend yield
6.90%

At the latest close; forward annual dividend $0.40 per share, before tax.

KREF dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

KREF dividend safety

Payout ratio (earnings)625.0%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)132.2%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)−10.3%
Shrinking · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

KREF yield on cost

KKR Real Estate Finance Trust Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$8.634.63%$0.708.1%
3 years ago$10.803.70%$2.8826.7%
5 years ago$22.211.80%$6.3228.5%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

KREF dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 39 payments).

KREF dividends by year

KKR Real Estate Finance Trust Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$1.000.0%12.17%4
2024$1.00−41.9%9.90%4
2023$1.720.0%13.00%4
2022$1.72−13.4%12.32%4
2021$1.99—9.53%5
2020$1.720.0%9.60%4
2019$1.72+1.8%8.42%4
2018$1.69—8.83%4
2017$0.99—4.95%3

KREF dividend history

39 payments
KKR Real Estate Finance Trust Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-302026-10-15$0.1—Quarterly
2026-06-302026-07-15$0.1−60.0%Quarterly
2026-03-312026-04-15$0.25—Quarterly
2025-12-312026-01-15$0.25—Quarterly
2025-09-302025-10-15$0.25—Quarterly
2025-06-302025-07-15$0.25—Quarterly
2025-03-312025-04-15$0.25—Quarterly
2024-12-312025-01-15$0.25—Quarterly
2024-09-302024-10-15$0.25—Quarterly
2024-06-282024-07-15$0.25—Quarterly
2024-03-272024-04-15$0.25−41.9%Quarterly
2023-12-282024-01-12$0.43—Quarterly
2023-09-282023-10-13$0.43—Quarterly
2023-06-292023-07-14$0.43—Quarterly
2023-03-302023-04-14$0.43—Quarterly
2022-12-292023-01-13$0.43—Quarterly
Show all 39 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-292022-10-14$0.43—Quarterly
2022-06-292022-07-15$0.43—Quarterly
2022-03-302022-04-15$0.43—Quarterly
2021-12-302022-01-14$0.43—Quarterly
2021-09-292021-10-15$0.43—Quarterly
2021-06-292021-07-15$0.43+61.7%Quarterly
2021-05-272021-06-15$0.266−38.1%
2021-03-302021-04-15$0.43—Quarterly
2020-12-302021-01-15$0.43—Quarterly
2020-09-292020-10-15$0.43—Quarterly
2020-06-292020-07-15$0.43—Quarterly
2020-03-302020-04-15$0.43—Quarterly
2019-12-302020-01-15$0.43—Quarterly
2019-09-272019-10-16$0.43—Quarterly
2019-06-272019-07-15$0.43—Quarterly
2019-03-282019-04-12$0.43—Quarterly
2018-12-272019-01-11$0.43—Quarterly
2018-09-272018-10-12$0.43—Quarterly
2018-06-282018-07-13$0.43+7.5%Quarterly
2018-03-282018-04-13$0.4+8.1%Quarterly
2017-12-282018-01-12$0.37—Quarterly
2017-09-282017-10-12$0.37+48.0%Quarterly
2017-06-282017-07-14$0.25—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

KREF stock split history

KKR Real Estate Finance has no stock splits on record.

KREF dividend overview

KKR Real Estate Finance pays an annual dividend of $0.40 per share, a yield of 6.90% at the latest close, paid quarterly. It paid $1.00 per share in 2025, unchanged from 2024. Over five years the dividend grew −10.3% a year on average. The payout ratio is 625.0% of trailing earnings.

Related: KREF cash flow statement, KREF key metrics, KREF chart. See the KREF stock overview for the latest quote and news.

KREF dividends FAQ

Does KKR Real Estate Finance pay a dividend?

Yes. KKR Real Estate Finance has paid a regular dividend since 2017, quarterly, most recently $0.10 per share with an ex-dividend date of September 30, 2026.

What is KKR Real Estate Finance's dividend yield?

KKR Real Estate Finance's forward annual dividend is $0.40 per share, a dividend yield of 6.90% at the latest close of $5.80.

How often does KKR Real Estate Finance pay dividends?

KKR Real Estate Finance pays dividends quarterly.

How fast is KKR Real Estate Finance's dividend growing?

KKR Real Estate Finance's dividend per share grew from $1.72 in 2020 to $1.00 in 2025, −10.3% a year on average over five years.

What is KKR Real Estate Finance's dividend payout ratio?

KKR Real Estate Finance pays out 625.0% of its trailing earnings as dividends and 132.2% of its free cash flow (fiscal 2025).

REIT - Mortgage: dividends