KKR Real Estate Finance Trust Announces Preferred Stock Dividend

New York, October 18, 2024 - KKR Real Estate Finance Trust Inc. (NYSE: KREF), a leading real estate finance company, has announced that its Board of Directors has declared a dividend on the company's 6.50% Series A Cumulative Redeemable Preferred Stock. This dividend payment underscores KREF's commitment to delivering consistent returns to its preferred shareholders.

Unlocking Value in the Commercial Real Estate Landscape

Dividend Declaration and Key Details

The Board of Directors at KKR Real Estate Finance Trust Inc. has declared a dividend of $0.40625 per share on the company's 6.50% Series A Cumulative Redeemable Preferred Stock. This dividend represents an annual payout of $1.625 per share and will be payable on December 13, 2024, to preferred stockholders of record as of November 29, 2024.The declaration of this dividend is a testament to KREF's financial strength and its ability to generate consistent returns for its investors. The company's focus on originating and acquiring senior loans secured by commercial real estate properties has enabled it to maintain a stable and reliable income stream, even in the face of market volatility.

KREF's Commitment to Shareholder Value

KREF's decision to declare this preferred stock dividend is a clear indication of the company's commitment to delivering value to its shareholders. By providing a steady stream of income to its preferred stockholders, KREF is demonstrating its ability to navigate the complexities of the commercial real estate market and generate consistent returns for its investors.This dividend announcement comes at a time when the commercial real estate industry is facing a range of challenges, including rising interest rates, changing consumer preferences, and the ongoing impact of the COVID-19 pandemic. However, KREF's focus on originating and acquiring high-quality senior loans has enabled the company to weather these storms and continue to deliver strong financial performance.

Leveraging KKR's Expertise

KREF's success is also a testament to the company's affiliation with KKR & Co. Inc., a leading global investment firm. As an externally managed and advised company, KREF benefits from the deep expertise and extensive resources of the KKR platform, which has a proven track record of success in the real estate investment space.By leveraging KKR's extensive network, market insights, and investment capabilities, KREF is able to identify and capitalize on attractive opportunities in the commercial real estate market. This, in turn, has enabled the company to generate consistent returns for its investors and maintain a strong financial position.

Looking Ahead: KREF's Growth Strategies

As KREF looks to the future, the company is well-positioned to continue its growth and expansion. The company's focus on originating and acquiring senior loans secured by commercial real estate properties provides a solid foundation for its business, and its affiliation with KKR gives it a significant competitive advantage in the market.Going forward, KREF plans to continue to leverage its expertise and resources to identify and capitalize on new opportunities in the commercial real estate space. This may include expanding its geographic footprint, diversifying its portfolio, or exploring new investment strategies that align with the company's core mission and values.Regardless of the specific strategies it pursues, KREF is committed to delivering consistent returns to its investors and maintaining its position as a leading player in the commercial real estate finance industry.