Welcome to our dedicated page for Fs Kkr Cap news (Ticker: FSK), a resource for investors and traders seeking the latest updates and insights on Fs Kkr Cap stock.
FS KKR Capital Corp. reports recurring developments as a publicly traded business development company that provides customized credit solutions to private middle market U.S. companies. The company seeks current income and, to a lesser extent, long-term capital appreciation through investments primarily in senior secured debt and, to a lesser extent, subordinated debt and other private-company credit investments.
News about FSK commonly covers quarterly and annual operating results, net asset value commentary, portfolio yield and credit metrics, board-declared distributions, and earnings call schedules. Updates also reference the company's external advisory relationship with FS/KKR Advisor, LLC, a partnership between Future Standard and KKR Credit.
FS KKR Capital Corp. (NYSE: FSK) will release its third quarter 2020 results after the market closes on November 9, 2020. A conference call is scheduled for 8:00 a.m. ET on November 10, 2020, to discuss the results, accessible via phone and webcast. Financial information will be presented on the corporate website after the earnings release. FS KKR specializes in providing credit solutions to U.S. middle market companies, with approximately $15 billion in assets under management as of June 30, 2020.
FS KKR Capital Corp. II (NYSE: FSKR) will release its third quarter 2020 results after trading closes on November 9, 2020. A conference call is scheduled for November 10, 2020, at 10:00 a.m. (Eastern Time) to discuss these results. Investors can participate via phone or through a webcast available on FSKR's Investor Relations website. An investor presentation will also be accessible on the same date. FSKR is focused on providing customized credit solutions to private middle market companies and is managed by FS/KKR Advisor, LLC, with approximately $15 billion in assets under management as of June 30, 2020.
FS KKR Capital Corp. (FSK) reported its financial results for the second quarter of 2020, showing a net investment income of $0.62 per share, down from $0.77 in Q2 2019. Total net realized and unrealized losses were $1.08 per share, a stark contrast to no changes in the previous year. The company declared a third-quarter cash distribution of $0.60 per share and completed a 4-for-1 reverse stock split. As of June 30, 2020, net asset value was $23.37 per share, down from $24.36 in March 2020. Total fair value of investments decreased to $6.6 billion.
FS KKR Capital Corp. II (NYSE: FSKR) will release its second quarter 2020 results after the market closes on August 10, 2020. A conference call to discuss these results is scheduled for 10:00 a.m. Eastern Time on August 11, 2020. The call can be accessed by dialing (833) 519-1290 or via webcast on FSKR's Investor Relations website. An investor presentation will also be available post-release on the same website. FS KKR is focused on providing customized credit solutions, mainly in senior secured debt for middle market U.S. companies.
FS KKR Capital Corp. (NYSE: FSK) announced that its reverse stock split, on a 4:1 basis, became effective after trading on June 15, 2020. Each shareholder will receive one share for every four they owned, with no changes to the par value of $0.001 per share. The company's common stock will start trading on a split-basis on June 16, 2020. The board declared a quarterly cash distribution of $0.15 per share, increasing to $0.60 post-split, payable on July 2, 2020, to shareholders of record as of June 17, 2020. There are no expected economic impacts from this change.