FS KKR Capital Corp. and FS KKR Capital Corp. II Provide Certain Preliminary Fourth Quarter 2020 ...

Company Name: FS KKR Capital Corp.

Stock Symbol: FSK

Industry: Business Development Company (BDC)

Sector: Financial Services

Employees: Approximately 100

 

Company Summary:

FS KKR Capital Corp. (FSK) is a publicly traded Business Development Company (BDC) that provides customized credit solutions to private middle-market U.S. companies. The company’s investment objective is to generate current income and, to a lesser extent, capital appreciation through its diversified portfolio of debt investments.

FSK focuses on originating and managing a portfolio primarily composed of senior secured loans, including first lien and unitranche loans, as well as second lien loans and mezzanine debt. The company targets companies across a wide range of industries, including healthcare, manufacturing, and business services, which helps to mitigate risk and ensure stable returns.

Managed by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit Advisors, FSK leverages the extensive resources, industry expertise, and investment capabilities of both firms. The management team employs a rigorous investment process, including thorough due diligence, comprehensive credit analysis, and active portfolio management to maintain the quality and performance of its investments.

Why FSK is a Good Dividend Investment:

FS KKR Capital Corp. is an attractive option for income-focused investors due to its high dividend yield, supported by a well-managed and diversified portfolio of middle-market debt investments. As a BDC, FSK is required to distribute at least 90% of its taxable income to shareholders, ensuring regular and substantial dividend payouts.

FSK's focus on high-quality debt investments and its disciplined approach to credit and risk management provide a solid foundation for generating stable income. The company’s affiliation with FS Investments and KKR offers a significant competitive advantage in sourcing and managing investments, further enhancing its ability to deliver consistent returns. Additionally, the diversified nature of FSK's portfolio across various industries helps to reduce potential risks associated with any single sector.

Despite the inherent risks in middle-market lending, FSK's strategic investment approach, commitment to credit quality, and experienced management team make it a compelling choice for investors seeking reliable and attractive dividend income.

URLs:

FS KKR Capital Corp. Website

 

Summary:

FS KKR Capital Corp. operates as a Business Development Company focusing on debt investments in middle-market companies. With a portfolio actively managed to balance income generation and risk, FSK aims to provide attractive risk-adjusted returns through its diversified investment strategy. As a high dividend-yield investment, FSK is appealing for income-focused investors, owing to its obligation to distribute a majority of its earnings and its strategic risk management practices. This makes it a compelling choice in the dividend investment landscape.

 

Reminder: past performance is not indicative of how an investment will perform in the future, before making any investment decisions based on this information, and/or the information contained on the website, refer to the TERMS OF SERVICES.

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FSK Dividend Coverage History and Fly High Projection

*Fly High Investing uses a proprietary projection algorithm that more accurately predicts dividend coverage vs common analyst sentiment. The 12 month projection is based on the most recent data and quarter