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Market Impact: 0.12
KKR's Series D Preferred Stock Shares Cross 6.5% Yield Mark
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Credit & Bond MarketsMarket Technicals & Flows
KKR & Co Inc’s 6.25% Series D Mandatory Convertible Preferred (KKR.PRD) was trading with an annualized dividend yield above 6.5%, based on a quarterly dividend annualized to $3.1248. Shares changed hands as low as $46.63 during Friday trading. The article is primarily price/yield reporting with no clear catalyst or guidance change.
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