KKR Financial Corp. Declares Quarterly Dividend of $0.40 Per Share

KKR Financial Corp. announced a quarterly dividend of $0.40 per share, computed on a post-split basis. The dividend will be payable on August 2, 2005, to stockholders of record as of June 21, 2005. Investors who purchased the company's stock subsequent to June 21, 2005, will not receive the dividend.

KKR Financial Corp. (NYSE: KKR) has made a significant strategic investment in the aviation industry by providing crucial debt financing for Greenbriar Equity Group's acquisition of West Star Aviation. This move underscores KKR's growing interest in the rapidly expanding aviation maintenance, repair, and overhaul (MRO) sector.

According to analysts, KKR's stock price has an average target price of $144.12, with projections ranging from $189.00 to $127.00. This average target indicates a potential upside of 22.39% from the current trading price of $117.76 [1].

The consensus among 21 brokerage firms is favorable, with an average recommendation rating of 1.7, categorizing the stock as "Outperform." The rating scale ranges from 1 (Strong Buy) to 5 (Sell), emphasizing its favorable outlook among analysts [1].

GuruFocus' GF Value for KKR & Co Inc (NYSE: KKR) is estimated at $53.57 for the coming year, suggesting a potential downside of 54.51% from the current market price of $117.76. The GF Value is derived from historical trading multiples, past business growth, and forward-looking business performance estimates [1].

Separately, KKR Financial Corp. announced a quarterly dividend of $0.40 per share, computed on a post-split basis. The dividend will be payable on August 2, 2005, to stockholders of record as of June 21, 2005. Investors who purchased the company's stock subsequent to June 21, 2005, will not receive the dividend.

References:
[1] https://www.gurufocus.com/news/2882980/kkr-leads-debt-financing-for-west-star-aviation-acquisition