Know the company
Company overview
FS KKR Capital lends to private companies and collects interest and fees, with occasional income from other investments. Many loans have floating rates. The BDC also borrows to finance its portfolio, so its own funding costs and credit losses matter alongside the interest it receives. Net investment income brings those moving parts together for the recurring dividend question.
- Business
- BDC
- Listing
- FSK · XNYS
- Reporting period
- 2026-06-30
- Dividend schedule
- Quarterly
How the business works
FSK’s distribution capacity is driven principally by cash interest from its loan portfolio, supplemented by dividend and fee income. Floating-rate assets can increase portfolio income when benchmark rates rise, although higher rates can also pressure borrowers and raise FSK’s own funding costs. Credit losses, loans placed on non-accrual status, lower interest rates, portfolio repayments without equally attractive reinvestment opportunities, and higher funding costs can all reduce recurring income available for distributions.