"...challenge in transitioning the composition of earnings from declining predictable high-yielding bank loan and high-yield interest income to lower yielding CLO's and less predictable high-return investment income." Dividend sustainable but not growing...expect shares to trade near book value as investors wait to see evidence of the new strategy." FBR Capital analyst
FBR CAPITAL Downgrades KKR Financial to Market Perform...I agree the range does seem to be between 10 and 11..i guess it depends on how long it takes to get back there... .22 dividend might help
Absorbing lots of buys or shall I say covers at 10 in the pre-market...if that was the regular market would be lowest price in almost a year.
Got a great move yesterday yet can't hold that move while other mreits can. Bond only up slightly today yet this thing is down almost as much as it went up frustrating to say the least....ready to give up on this one I don't think it will ever recover Still at a discount went down way farther than the underlying investments....we would get more if they just liquidated the fund....hey might be a good idea