KKR Real Estate Finance Trust (KREF) Dividend Coverage Ratio (2016 - 2026)
KKR Real Estate Finance Trust's (KREF) quarterly Dividend Coverage Ratio came in at 20.79 in Q2 2026, down 863.64% on a YoY basis from 2.72 in Q2 2025, and down 439.89% quarter-over-quarter from 3.85 in Q1 2026.
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Analysis
KKR Real Estate Finance Trust (KREF) Dividend Coverage Ratio (2016 - 2026) Analysis & Trends
KKR Real Estate Finance Trust (KREF) has reported Dividend Coverage Ratio for 11 consecutive years, with 20.79 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio fell 863.64% year-over-year to 20.79; the trailing twelve-month figure through Jun 2026 stood at 3.82 (down 484.39% YoY), and the FY2025 full-year result was 1.05, down 754.12% from the prior year.
- Dividend Coverage Ratio retreated to 20.79 in Q2 2026 per KREF's latest filing, from 3.85 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 1.17 in Q2 2024 and bottomed at 20.79 in Q2 2026.
- Historically, Dividend Coverage Ratio has averaged 1.63 across 5 years, with a median of 0.63 in 2025.
- The sharpest annual moves came in 2024 and 2026: Dividend Coverage Ratio soared 234.99% in 2024, then tumbled 863.64% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 0.55 in 2022, then sank by 213.62% to 0.63 in 2023, then jumped by 234.99% to 0.85 in 2024, then plunged by 334.24% to 1.99 in 2025, then tumbled by 945.89% to 20.79 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 20.79, 3.85, and 1.99 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.42 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 1.33 |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 0.08 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 0.14 |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 1.57 |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.37 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | -1.02 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | 1.16 |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 0.86 |
| 10 | KKR Real Estate Finance Trust | 468.79 Mn | 385.73 Mn | - | -20.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.79 |
| Mar 31, 2026 | -3.85 |
| Dec 31, 2025 | -1.99 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | -2.16 |
| Mar 31, 2025 | -0.62 |
| Dec 31, 2024 | 0.85 |
| Sep 30, 2024 | -0.75 |
| Jun 30, 2024 | 1.17 |
| Mar 31, 2024 | -0.50 |
| Dec 31, 2023 | -0.63 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | -0.87 |
| Mar 31, 2023 | -1.04 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | -1.62 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 1.02 |
| Dec 31, 2021 | 1.47 |
| Sep 30, 2021 | 1.34 |