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Jun 30, 2024

FS KKR Q2 2024 Earnings Report

FS KKR announced its financial results for the second quarter of 2024 and declared a third-quarter distribution of $0.70 per share.

Key Takeaways

FS KKR Capital Corp. reported a solid second quarter with adjusted net investment income of $0.75 per share. The company's investment activity increased year-over-year, and efforts to reduce non-accrual investments progressed.

Net investment income was $0.77 per share.

Adjusted net investment income was $0.75 per share.

Net asset value was $23.95 per share.

Earnings per share was $0.37.

Total Revenue
$439M
Previous year: $462M
-5.0%
EPS
$0.75
Previous year: $0.78
-3.8%
Cash and Equivalents
$408M
Previous year: $225M
+81.3%
Free Cash Flow
$300M
Total Assets
$15.1B
Previous year: $15.5B
-2.5%

FS KKR

FS KKR

Forward Guidance

FSK expects to continue rewarding shareholders with attractive distributions, which they anticipate will equate to a minimum of $2.90 per share during 2024.