KREF Dividend History & Yield
KKR Real Estate Finance Trust Inc. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Wed, Dec 30, 2026 (in 66 days) | Jan 13, 2027 | $0.10 | $10.00 | Estimated |
| Wed, Mar 31, 2027 (in 157 days) | Apr 14, 2027 | $0.10 | $10.00 | Estimated |
| Wed, Jun 30, 2027 (in 248 days) | Jul 14, 2027 | $0.10 | $10.00 | Estimated |
| Wed, Sep 29, 2027 (in 339 days) | Oct 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 39 payments per share. RegularSpecial
Annual dividends per share
How much KREF do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 3,000 | $17,280 | $1,200 |
| $500 / month | 15,000 | $86,400 | $6,000 |
| $1,000 / month | 30,000 | $172,800 | $12,000 |
Based on the forward yield of 6.94%. $10,000 in KREF would currently pay about $694 a year ($58 a month on average). Model reinvestment and growth →
KREF dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 30, 2026 | — | $0.10 | +0.0% |
| 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 | — |
KREF dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jun 30, 2026 | Cut 60.0% | $0.25 | $0.10 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
KREF scores 60/100 on our yield-trap heuristic (elevated risk).
3 warning flags raised:
- Yield above 12%, far above market norms
- Payment was cut within the last 5 years
- Share price down more than 30% 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. 39 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.
KREF dividend FAQ
When is KREF's next ex-dividend date?
KREF's next ex-dividend date is Dec 30, 2026 (in 66 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 Jan 13, 2027.
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 Sep 30, 2026.
What is KREF's dividend yield?
KREF's trailing 12-month dividend yield is 12.15%, based on $0.70 per share paid over the last year and a share price of $5.76. The forward yield, using the indicated annual rate of $0.40 per share, is 6.94%.
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 18.8% a year (-30.0% 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 6.94%, you would need about 3,000 shares of KREF (roughly $17,280 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.
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