KKR Financial Stock To Go Ex-dividend Tomorrow (KFN)

The ex-dividend date for KKR Financial Corporation (NYSE:KFN) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $9.46 as of 9:30 a.m., the dividend yield is 7.7%.
By TheStreet Wire ,

NEW YORK (

TheStreet

) -- The ex-dividend date for

KKR Financial Corporation

(NYSE:

KFN

) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $9.46 as of 9:30 a.m. ET, the dividend yield is 7.7%.

The average volume for KKR Financial has been 660,500 shares per day over the past 30 days. KKR Financial has a market cap of $1.6 billion and is part of the

financial

sector and

real estate

industry. Shares are up 6.9% year to date as of the close of trading on Friday.

KKR Financial Holdings LLC, together with its subsidiaries, operates as a specialty finance company with expertise in a range of asset classes. The company has a P/E ratio of 5.3, above the average real estate industry P/E ratio of five and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates KKR Financial as a

hold

. The company's strengths can be seen in multiple areas, such as its expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, deteriorating net income and a generally disappointing performance in the stock itself. You can view the full

KKR Financial Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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