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KFN ex-dividend on 8/14 (3%)

KKR Financial, the financial arm of private equity firm Kohlberg Kravis Roberts, will pay a regular quarterly dividend of $0.560 on Aug 30th to holders as of Tuesday, August 14. That’s 3.1% of the share price of $18.060, or a 12% annual yield.

Watch out! This stock was going down big time, partly because of the mortgage meltdown. Stock trades 22% below its 50 days moving average and 31% below its 200 days moving average. Edge your bets and use call options to play the run up.

KFN quote

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