KREF KKR Real Estate Finance Trust Inc. — dividend yield, history & ex-dividend dates
KKR Real Estate Finance Trust Inc. (KREF) operates as a mortgage real estate investment trust (REIT), primarily focused on originating and acquiring first-lien debt secured by commercial properties. Its investment strategy includes a range of commercial real estate credit products, such as both leveraged and unleveraged commercial mortgage loans, as well as commercial mortgage-backed securities (CMBS). As an elected REIT, the company is exempt from federal corporate income tax, provided it distributes a minimum of 90% of its taxable income to its shareholders. KREF was established in 2014 and maintains its corporate headquarters in New York, New York.
Dividend Snapshot
Key Metrics
Current Yield
5.59%
At the Sep 14, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.4000
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
Q Quarterly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
51.1
As of Sep 14, 2026
Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
40
As of Sep 14, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$5.88 – $9.71
Closes through Sep 11, 2026
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio (TTM)
n/a
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
9
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.48
Price as of Sep 14, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
KREF's dividend yield fell from 13.81% to 5.59% over the past ~90 days (-8.22 pp). Of that move, -8.39 pp came from changes in the dividend rate and +0.17 pp from the share price ($7.24 on Jun 16, 2026 → $7.15 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 333 daily observations over the past 16 months (through Sep 11, 2026), KREF's current yield is higher than approximately 12% of them. Our stored price history for KREF covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1000 Q | Regular | Apr 22, 2026 | Jun 30, 2026 | Jun 30, 2026 | Jul 15, 2026 |
| $0.2500 Q | Regular | Mar 11, 2026 | Mar 31, 2026 | Mar 31, 2026 | Apr 15, 2026 |
| $0.2500 Q | Regular | Dec 10, 2025 | Dec 31, 2025 | Dec 31, 2025 | Jan 15, 2026 |
| $0.2500 Q | Regular | Sep 11, 2025 | Sep 30, 2025 | Sep 30, 2025 | Oct 15, 2025 |
| $0.2500 Q | Regular | Jun 10, 2025 | Jun 30, 2025 | Jun 30, 2025 | Jul 15, 2025 |
| $0.2500 Q | Regular | Mar 14, 2025 | Mar 31, 2025 | Mar 31, 2025 | Apr 15, 2025 |
| $0.2500 Q | Regular | Dec 12, 2024 | Dec 31, 2024 | Dec 31, 2024 | Jan 15, 2025 |
| $0.2500 Q | Regular | Sep 13, 2024 | Sep 30, 2024 | Sep 30, 2024 | Oct 15, 2024 |
| $0.2500 Q | Regular | Jun 13, 2024 | Jun 28, 2024 | Jun 28, 2024 | Jul 15, 2024 |
| $0.2500 Q | Regular | Feb 01, 2024 | Mar 27, 2024 | Mar 28, 2024 | Apr 15, 2024 |
| $0.4300 Q | Regular | Dec 15, 2023 | Dec 28, 2023 | Dec 29, 2023 | Jan 12, 2024 |
| $0.4300 Q | Regular | Sep 15, 2023 | Sep 28, 2023 | Sep 29, 2023 | Oct 13, 2023 |
| $0.4300 Q | Regular | Jun 15, 2023 | Jun 29, 2023 | Jun 30, 2023 | Jul 14, 2023 |
| $0.4300 Q | Regular | Mar 17, 2023 | Mar 30, 2023 | Mar 31, 2023 | Apr 14, 2023 |
| $0.4300 Q | Regular | Dec 13, 2022 | Dec 29, 2022 | Dec 30, 2022 | Jan 13, 2023 |
| $0.4300 Q | Regular | Sep 13, 2022 | Sep 29, 2022 | Sep 30, 2022 | Oct 14, 2022 |
| $0.4300 Q | Regular | Jun 15, 2022 | Jun 29, 2022 | Jun 30, 2022 | Jul 15, 2022 |
| $0.4300 Q | Regular | Mar 15, 2022 | Mar 30, 2022 | Mar 31, 2022 | Apr 15, 2022 |
| $0.4300 Q | Regular | Dec 14, 2021 | Dec 30, 2021 | Dec 31, 2021 | Jan 14, 2022 |
| $0.4300 Q | Regular | Sep 15, 2021 | Sep 29, 2021 | Sep 30, 2021 | Oct 15, 2021 |
| $0.4300 Q | Regular | Jun 15, 2021 | Jun 29, 2021 | Jun 30, 2021 | Jul 15, 2021 |
| $0.2660 Q | Regular | May 21, 2021 | May 27, 2021 | May 28, 2021 | Jun 15, 2021 |
| $0.4300 Q | Regular | Mar 15, 2021 | Mar 30, 2021 | Mar 31, 2021 | Apr 15, 2021 |
| $0.4300 Q | Regular | Dec 15, 2020 | Dec 30, 2020 | Dec 31, 2020 | Jan 15, 2021 |
| $0.4300 Q | Regular | Sep 15, 2020 | Sep 29, 2020 | Sep 30, 2020 | Oct 15, 2020 |
| $0.4300 Q | Regular | Jun 15, 2020 | Jun 29, 2020 | Jun 30, 2020 | Jul 15, 2020 |
| $0.4300 Q | Regular | Mar 16, 2020 | Mar 30, 2020 | Mar 31, 2020 | Apr 15, 2020 |
| $0.4300 Q | Regular | Dec 16, 2019 | Dec 30, 2019 | Dec 31, 2019 | Jan 15, 2020 |
| $0.4300 Q | Regular | Sep 16, 2019 | Sep 27, 2019 | Sep 30, 2019 | Oct 16, 2019 |
| $0.4300 Q | Regular | Jun 17, 2019 | Jun 27, 2019 | Jun 28, 2019 | Jul 15, 2019 |
| $0.4300 Q | Regular | Mar 19, 2019 | Mar 28, 2019 | Mar 29, 2019 | Apr 12, 2019 |
| $0.4300 Q | Regular | Dec 17, 2018 | Dec 27, 2018 | Dec 28, 2018 | Jan 11, 2019 |
| $0.4300 Q | Regular | Sep 11, 2018 | Sep 27, 2018 | Sep 28, 2018 | Oct 12, 2018 |
| $0.4300 Q | Regular | May 07, 2018 | Jun 28, 2018 | Jun 29, 2018 | Jul 13, 2018 |
| $0.4000 Q | Regular | Mar 12, 2018 | Mar 28, 2018 | Mar 29, 2018 | Apr 13, 2018 |
| $0.3700 Q | Regular | Dec 14, 2017 | Dec 28, 2017 | Dec 29, 2017 | Jan 12, 2018 |
| $0.3700 Q | Regular | Sep 14, 2017 | Sep 28, 2017 | Sep 30, 2017 | Oct 12, 2017 |
| $0.2500 Q | Regular | Jun 16, 2017 | Jun 28, 2017 | Jun 30, 2017 | Jul 14, 2017 |
Peer Comparison
Selected REIT - Mortgage dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| AGNCL | AGNC Investment Corp. | 7.71% | - | 0 yrs | 54 |
| NYMT | New York Mortgage Trust, Inc. | 16.88% | -0.9% | 1 yr | 50 |
| ADAMN | Adamas Trust, Inc. | 8.21% | 0.0% | 0 yrs | 50 |
| ADAMM | Adamas Trust, Inc. | 10.43% | 7.0% | 1 yr | 49 |
Related Guides & Lists
KREF dividend — frequently asked questions
Does KKR Real Estate Finance Trust Inc. pay a dividend?
Yes. KKR Real Estate Finance Trust Inc. (KREF) currently pays a dividend. The annualized dividend is about $0.40 per share, a yield of approximately 5.59%.
What is KKR Real Estate Finance Trust Inc.'s dividend yield?
KKR Real Estate Finance Trust Inc.'s dividend yield is approximately 5.59%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does KKR Real Estate Finance Trust Inc. pay dividends?
KKR Real Estate Finance Trust Inc. pays dividends quarterly — 4 times per year.
How long has KKR Real Estate Finance Trust Inc. paid dividends?
KKR Real Estate Finance Trust Inc. has 9 years of dividend payments on record.
Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.