FS KKR Capital Corp Stock News

Q2 earnings confirmed my call for a market rotation in BDCs; quality bias and selectivity remain critical for outperformance. Structural headwinds—spread compression, falling base rates, and thin dividend coverage—signal elevated risk of further dividend cuts across the sector. Current sector repricing is insufficient for broad new BDC allocations; most remain unattractive except for select nam...

During the July meeting of the Federal Reserve, both Christopher Waller and Michelle Bowman, both of whom were Trump appointees, voted against the central bank's decision to leave interest rates unchanged — the first time two governors have dissented on a monetary policy decision in a single meeting since 1993.

I am downgrading FSK to sell due to persistent NAV declines, rising non-accruals, and weakening dividend coverage. FSK's net investment income no longer fully supports its high 15.6% yield, forcing reliance on spillover income to fund distributions. Portfolio stress is evident from increased non-accruals and shrinking new investment activity, exacerbated by the prolonged high interest rate envi...

I am downgrading FS KKR Capital to neutral due to deteriorating NAV, NII, and rising non-accruals, which now threaten the sustainability of its dividend. Q2 saw significant realized and unrealized losses, with four portfolio companies added to non-accrual status, sharply impacting financial metrics and investor confidence. Despite these setbacks, FSK remains diversified, well-capitalized, and t...

BDC sector faces significant risks: high valuations, spread tightening, and thin dividend coverage leave little margin of safety. Lower base rates will likely be soon here, creating further headwinds for BDCs and pressuring net investment income and dividends. I recommend avoiding speculative BDCs, focusing on high-quality names with robust portfolios and strong dividend coverage at a discount.

FS KKR Capital Corp (NYSE:FSK ) Q2 2025 Earnings Call August 7, 2025 9:00 AM ET Company Participants Anna Kleinhenn - Corporate Participant Daniel Ryan Pietrzak - Co-President, Chief Investment Officer & Director Michael Craig Forman - Chairman & CEO Steven C. Lilly - Chief Financial Officer Conference Call Participants Arren Saul Cyganovich - Truist Securities, Inc., Research Division Casey Ja...

Declares Third Quarter 2025 Distribution of $0.70 per share PHILADELPHIA and NEW YORK , Aug. 6, 2025 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), or the Company, today announced its financial and operating results for the quarter ended June 30, 2025, and that its board of directors has declared a third quarter 2025 distribution of $0.70 per share. Financial and Operating Highlights for the...

FSK offers an eye-catching 12.85% dividend yield and trades at a 7% discount to NAV. However, the dividend payout is looking increasingly at-risk. I perform an analysis to see if the dividend is sustainable and if the stock is still worth buying today.