By Will Feuer
KKR said it plans to raise its dividend by about 6%, extending a streak of raising its annualized dividend every year since 2018.
The investment firm said it plans to raise its annualized dividend to 70 cents a share from 66 cents a share, starting with when it declares its quarterly dividend for the three months ended March 31.
Based on KKR’s most recent closing stock price of $88.45, the company would have an annual dividend yield of about 0.8% after the increase.
Write to Will Feuer at [email protected]
Read the full article here
