kkr financial holdings llc
(KFN:New York)
kkr financial holdings llc (KFN) Key Developments
KKR Financial Holdings LLC announced that its board of directors declared a cash distribution of $0.21 per common share. The distribution is payable on May 28, 2013 to common shareholders of record as of the close of business on May 14, 2013. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues were $140.45 million against $137.93 million a year ago. Income before income taxes was $98.794 million against $83.980 million a year ago. Net income available to common shareholders was $91.598 million against $88.048 million a year ago. Diluted earnings per share were $0.46 against $0.48 a year ago. Book value per common share decreased 1% to $10.16 as of March 31, 2013 from $10.31 as of December 31, 2012. The decrease in book value per common share was primarily driven by the Company's issuance of 26.1 million shares related to the termination of conversion rights on its 7.5% convertible notes due 2017, as well as by distributions of $0.26 per share paid to common shareholders during the quarter. The company generated an 18% on return on equity.
KKR Financial Holdings LLC(NYSE:KFN.PR) added to S&P Preferred Stock Index
KKR Financial Holdings LLC, Q1 2013 Earnings Call, May 01, 2013
KKR Financial Holdings LLC announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 01, 2013
KKR Financial Holdings LLC announced that its board of directors declared a cash distribution of $0.450694 per share on its outstanding 7.375% Series A LLC Preferred Shares. The distribution is payable on April 15, 2013 to holders of record of Preferred Shares as of the close of business on April 8, 2013.
| Recently Viewed | |||
| KFN:US | $10.57 USD | -0.03 | |
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Industry Analysis
KFN
Industry Average
| Valuation | KFN | Industry Range |
| Price/Earnings | 5.8x |
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| Price/Sales | 3.7x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 5.6x |
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| TEV/Sales | NM | Not Meaningful |
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