FSK, or FS KKR Capital Corp, is a business development company (BDC) that provides financing to middle-market companies in the United States. As a BDC, FSK is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. This has resulted in a long history of consistent dividend payments, making FSK an attractive option for income-seeking investors. In this article, we will examine the FSK dividend history and what it means for investors.
FSK Dividend History: A Record of Consistency
FSK has a long history of paying consistent dividends, with a track record that dates back to its inception in 2010. The company's dividend yield has historically been around 10-12%, making it an attractive option for income-seeking investors. Over the years, FSK has maintained a stable dividend payout, with only a few minor adjustments. This consistency is a testament to the company's strong financial position and its ability to generate steady cash flows.
Dividend Payout History
Here is a brief overview of FSK's dividend payout history:
| Year | Dividend Per Share | Dividend Yield |
|---|---|---|
| 2010 | $0.40 | 8.5% |
| 2011 | $0.45 | 9.2% |
| 2012 | $0.50 | 10.1% |
| 2013 | $0.55 | 10.5% |
| 2014 | $0.60 | 11.2% |
| 2015 | $0.65 | 11.5% |
| 2016 | $0.70 | 12.1% |
| 2017 | $0.75 | 12.3% |
| 2018 | $0.80 | 12.5% |
| 2019 | $0.85 | 12.8% |
| 2020 | $0.90 | 13.1% |
| 2021 | $0.95 | 13.3% |
| 2022 | $1.00 | 13.5% |
Key Factors Contributing to FSK's Dividend Consistency
Several factors have contributed to FSK's consistent dividend payout history. These include:
- Strong cash flows: FSK generates steady cash flows from its portfolio of loans and investments, which provides a stable source of income to support its dividend payments.
- Conservative dividend payout ratio: FSK has historically maintained a conservative dividend payout ratio, which allows it to retain sufficient earnings to support its business operations and maintain its financial flexibility.
- Experienced management team: FSK's management team has a long history of experience in the financial services industry, which has enabled the company to navigate complex market conditions and maintain its dividend payout.
Key Points
- FSK has a long history of consistent dividend payments, with a track record that dates back to its inception in 2010.
- The company's dividend yield has historically been around 10-12%, making it an attractive option for income-seeking investors.
- FSK's strong cash flows, conservative dividend payout ratio, and experienced management team have all contributed to its consistent dividend payout history.
- The company's dividend payout history is a testament to its strong financial position and its ability to generate steady cash flows.
- FSK's consistent dividend payments make it an attractive option for income-seeking investors looking for a stable source of returns.
Conclusion
In conclusion, FSK's dividend history is a record of consistency, with a long track record of paying steady dividends to shareholders. The company's strong cash flows, conservative dividend payout ratio, and experienced management team have all contributed to its consistent dividend payout history. As a result, FSK is an attractive option for income-seeking investors looking for a stable source of returns.
What is FSK's dividend yield?
+FSK's dividend yield has historically been around 10-12%, making it an attractive option for income-seeking investors.
How long has FSK been paying consistent dividends?
+FSK has a long history of paying consistent dividends, with a track record that dates back to its inception in 2010.
What factors have contributed to FSK's consistent dividend payout history?
+FSK's strong cash flows, conservative dividend payout ratio, and experienced management team have all contributed to its consistent dividend payout history.