“We are pleased to deliver a strong start to the year, generating $0.65 per share of Adjusted Net Investment Income and originating approximately $2.0 billion of new investments,” said Michael Forman, Chief Executive Officer & Chairman. “Our strategy of building spillover income during prior periods of elevated interest rates supports the continued stability of our $0.64 base and $0.06 supplemental quarterly distributions amid the current market volatility.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSK:
- FSK Upcoming Earnings Report: What to Expect?
- FS KKR Capital price target lowered to $19 from $22 at Keefe Bruyette
- Reddit initiated, Netflix upgraded: Wall Street’s top analyst calls
- Wells downgrades FS KKR to Underweight on fear of dividend cut
- FS KKR Capital downgraded to Underweight from Equal Weight at Wells Fargo