KREF Dividend History & Yield

KKR Real Estate Finance Trust Inc. · NYSE

Stock Real Estate Quarterly payer High yieldMreitREIT
$7.47
-2.29% today
as of Sep 8, 2026
TTM yield
11.37%
$0.85/share over the last 12 months
Forward yield
5.35%
$0.40/share indicated annual rate
Annual dividend
$0.40
per share, forward
Per payment
$0.10
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 29, 2026 Estimated
in 21 days
Next pay date
Oct 13, 2026
in 35 days
Last ex-dividend date
Jun 30, 2026
$0.10 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
480.6M
P/E n/a
5y dividend CAGR
-15.6%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
9.2
since Jun 28, 2017
1y total return
-13.6%
price -22.4% + dividends 8.8%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 21 days) Oct 13, 2026 $0.10 $10.00 Estimated
Tue, Dec 29, 2026 (in 112 days) Jan 12, 2027 $0.10 $10.00 Estimated
Tue, Mar 30, 2027 (in 203 days) Apr 13, 2027 $0.10 $10.00 Estimated
Tue, Jun 29, 2027 (in 294 days) Jul 13, 2027 $0.10 $10.00 Estimated

Estimated dates and amounts are projected from KREF's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.40 per share.

Dividend payment history

Last 38 payments per share. RegularSpecial

Last 38 payments per share from Jun 28, 2017 to Jun 30, 2026; most recent $0.10$0.00$0.25$0.50Jun 28, 2017: $0.25Jun '17Sep 28, 2017: $0.37Dec 28, 2017: $0.37Mar 28, 2018: $0.40Jun 28, 2018: $0.43Sep 27, 2018: $0.43Sep '18Dec 27, 2018: $0.43Mar 28, 2019: $0.43Jun 27, 2019: $0.43Sep 27, 2019: $0.43Dec 30, 2019: $0.43Dec '19Mar 30, 2020: $0.43Jun 29, 2020: $0.43Sep 29, 2020: $0.43Dec 30, 2020: $0.43Mar 30, 2021: $0.43Mar '21May 27, 2021: $0.266Jun 29, 2021: $0.43Sep 29, 2021: $0.43Dec 30, 2021: $0.43Mar 30, 2022: $0.43Mar '22Jun 29, 2022: $0.43Sep 29, 2022: $0.43Dec 29, 2022: $0.43Mar 30, 2023: $0.43Jun 29, 2023: $0.43Jun '23Sep 28, 2023: $0.43Dec 28, 2023: $0.43Mar 27, 2024: $0.25Jun 28, 2024: $0.25Sep 30, 2024: $0.25Sep '24Dec 31, 2024: $0.25Mar 31, 2025: $0.25Jun 30, 2025: $0.25Sep 30, 2025: $0.25Dec 31, 2025: $0.25Dec '25Mar 31, 2026: $0.25Jun 30, 2026: $0.10

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $0.99$0.9920172018: $1.69$1.6920182019: $1.72$1.7220192020: $1.72$1.7220202021: $1.986$1.98620212022: $1.72$1.7220222023: $1.72$1.7220232024: $1.00$1.0020242025: $1.00$1.0020252026 (YTD): $0.35$0.352026 YTD

How much KREF do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month3,000$22,425$1,200
$500 / month15,000$112,125$6,000
$1,000 / month30,000$224,250$12,000

Based on the forward yield of 5.35%. $10,000 in KREF would currently pay about $535 a year ($45 a month on average). Model reinvestment and growth →

KREF dividend history

Show recent only
Ex-datePay dateAmountChange
Jun 30, 2026 $0.10 -60.0%
Mar 31, 2026 $0.25 +0.0%
Dec 31, 2025 $0.25 +0.0%
Sep 30, 2025 $0.25 +0.0%
Jun 30, 2025 $0.25 +0.0%
Mar 31, 2025 $0.25 +0.0%
Dec 31, 2024 $0.25 +0.0%
Sep 30, 2024 $0.25 +0.0%
Jun 28, 2024 $0.25 +0.0%
Mar 27, 2024 $0.25 -41.9%
Dec 28, 2023 $0.43 +0.0%
Sep 28, 2023 $0.43 +0.0%
Jun 29, 2023 $0.43 +0.0%
Mar 30, 2023 $0.43 +0.0%
Dec 29, 2022 $0.43 +0.0%
Sep 29, 2022 $0.43 +0.0%
Jun 29, 2022 $0.43 +0.0%
Mar 30, 2022 $0.43 +0.0%
Dec 30, 2021 $0.43 +0.0%
Sep 29, 2021 $0.43 +0.0%
Jun 29, 2021 $0.43 +61.7%
May 27, 2021 $0.266 -38.1%
Mar 30, 2021 $0.43 +0.0%
Dec 30, 2020 $0.43 +0.0%
Sep 29, 2020 $0.43 +0.0%
Jun 29, 2020 $0.43 +0.0%
Mar 30, 2020 $0.43 +0.0%
Dec 30, 2019 $0.43 +0.0%
Sep 27, 2019 $0.43 +0.0%
Jun 27, 2019 $0.43 +0.0%
Mar 28, 2019 $0.43 +0.0%
Dec 27, 2018 $0.43 +0.0%
Sep 27, 2018 $0.43 +0.0%
Jun 28, 2018 $0.43 +7.5%
Mar 28, 2018 $0.40 +8.1%
Dec 28, 2017 $0.37 +0.0%
Sep 28, 2017 $0.37 +48.0%
Jun 28, 2017 $0.25

Payout risk check

Yield-trap heuristicModerate risk

KREF scores 35/100 on our yield-trap heuristic (moderate risk).

3 warning flags raised:

  • Yield above 7%
  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About KKR Real Estate Finance Trust Inc.

KKR Real Estate Finance Trust Inc., a mortgage real estate investment trust, focuses primarily on originating and acquiring transitional senior loans secured by commercial real estate (CRE) assets in the United States. It engages in the origination and purchase of credit investments related to CRE, including leveraged and unleveraged commercial real estate loans. The company has also elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. KKR Real Estate Finance Trust Inc. was incorporated in 2014 and is headquartered in New York, New York.

Sector: Real Estate. Industry: REIT - Mortgage. First dividend on our records: Jun 28, 2017. 38 payments tracked.

KREF dividend FAQ

When is KREF's next ex-dividend date?

KREF's next ex-dividend date is Sep 29, 2026 (in 21 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.10 per share, expected on Oct 13, 2026.

How often does KREF pay dividends?

KREF pays dividends every quarter, 4 times a year. The most recent payment was $0.10 per share with an ex-date of Jun 30, 2026.

What is KREF's dividend yield?

KREF's trailing 12-month dividend yield is 11.37%, based on $0.85 per share paid over the last year and a share price of $7.47. The forward yield, using the indicated annual rate of $0.40 per share, is 5.35%.

How much does KREF pay per share?

KREF pays about $0.10 per share each quarter, which works out to roughly $0.40 per share a year. 100 shares would collect about $40.00 a year.

Has KREF grown or cut its dividend?

Over the last 5 years the regular payout has shrunk at 15.6% a year (-15.0% over the last year). KREF did cut a regular payment within the last 5 years.

How many shares of KREF do I need to earn $100 a month?

At the current forward yield of 5.35%, you would need about 3,000 shares of KREF (roughly $22,425 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

Similar dividend stocks