FS KKR Capital Corp. to Announce Third Quarter 2024 Results
FS KKR Capital Corp. (NYSE: FSK) is set to unveil its third quarter 2024 results after market close on the New York Stock Exchange. The announcement comes as the company prepares for its much-anticipated earnings release, detailing its financial performance and strategic initiatives.
Conference Call Schedule
A conference call will follow, scheduled for 9:00 a.m. Eastern Time, where investors and analysts can join in to discuss the results. Participants are encouraged to dial in 10 minutes earlier to ensure they are settled before the start of the call. The company also offers a live webcast option for those who prefer to engage online, providing a comprehensive platform for all interested parties to connect and gain insights directly from the leadership team.
Distribution Announcement for Fourth Quarter 2024
In an exciting update, the board of directors at FSK has declared a cash distribution of $0.70 per share for the fourth quarter. This amount includes a base distribution of $0.64 and a supplemental distribution of $0.06. This distribution highlights FSK's commitment to delivering value to its shareholders and underscores its strong financial position.
Details on the Distribution
The announced cash distribution will be disbursed on or around December 18, benefiting stockholders on record as of December 4. Such a distribution level illustrates the company's ongoing focus on providing robust returns to its investors, reflecting confidence in its financial stability and operational success.
Company Background: FSK's Investment Strategy
FS KKR Capital Corp. is recognized as a key player in the business development company (BDC) sector, concentrating its efforts on delivering tailored credit solutions primarily to private middle-market U.S. enterprises. With a strategic focus on senior secured and subordinated debt investments, FSK aims to support the growth and development of its target portfolio companies.
The Role of FS/KKR Advisor, LLC
Advised by FS/KKR Advisor, LLC, FSK leverages a blend of expertise from both FS Investments and KKR, which enhances its investment strategies and operational effectiveness. This partnership is vital as it drives superior outcomes for the company and its partners.
Performance and Growth Strategies
FS Investments, with over $82 billion in assets under management, demonstrates extensive experience across diverse asset classes. The firm is particularly dedicated to delivering performance while actively engaging in innovative investment strategies. Such a commitment opens up numerous avenues for FSK, enabling it to navigate the complex landscape of alternative investments effectively.
Engagement in Global Markets
With offices across the U.S., Europe, and Asia, FSK is not only positioned for success domestically but is also engaged in a broader context, drawing on global insights to optimize its investment decisions. The diverse team at FS Investments plays a crucial role in enhancing the firm's operational capabilities, enhancing its standing as a trusted partner within the investment community.
Contact Information for Investor Relations
For further inquiries regarding investor relations, interested parties can reach out to Anna Kleinhenn, who serves as the Investor Relations contact at FSK. Media representatives can contact Melanie Hemmert for additional insights and information regarding FS Investments and its operations.
Frequently Asked Questions
What is the significance of the Q3 earnings announcement?
The Q3 earnings announcement is a crucial moment for FSK, as it provides insights into the company's financial performance, growth strategies, and overall market position.
How much is the declared distribution for Q4 2024?
FSK has declared a total cash distribution of $0.70 per share for the fourth quarter of 2024.
When will the conference call be held?
The conference call is scheduled for 9:00 a.m. Eastern Time, allowing investors to discuss the third quarter results.
Who advises FS KKR Capital Corp.?
FS KKR Capital Corp. is advised by FS/KKR Advisor, LLC, which plays a significant role in its investment management strategy.
How can I contact FSK for investor inquiries?
Investors can reach Anna Kleinhenn for inquiries, while media questions can be directed to Melanie Hemmert at FS Investments.
