KKR with all others are now in the dreaded "Correction Stage". Since hitting a 52 week high of $21.60
on 04/25/13 it has given back -9.81%.
Myself, I'm waiting for the selling to stop, then I will add to my current position.
I tend to think that KKR's "Indicated Annual Dividend" of $1.08 is understated, just as $2.80 was overtstated just a month ago. Unfortunately mgmt does nothing to clear up the confusion. I think clarity would help the stock price. For example, is the sum of the last 4 quarter's dividends a reasonable estimate?
Not a holder but I have been interested, you might want to look into the insider selling, maybe just a good time to take some profit or maybe something else, looks to me like the insiders could be sharing a lot more of the profit to holders in my opinion. I believe I will pass for now.
KKR may be an okay hold if you're an investor. Yield chasers have probably wised-up to the too-good-to-be true bogus dividend info published by many investment info sources. Also, its problem is that most of the action is from day-traders who don't know much about the company except stock price momentum info.
They will still likely deliver $1.50 or more in distributions this year - with a balloon at yearend like this last year. That's a 7% + yield. And, this is on the basis of only distribution 40% so they have room to move it up substantially if they wish to. They will likely have to if they want their sp to rise substantially.