FS KKR Capital Corp.
FSKFinancial Services · Stock · quarterly payer
Forward Yield
21.04%
Annual Dividend
$2.30
Payout Ratio
7000%
5-Yr Growth
1.8%
Ex-Date
Jun 17, 2026
Frequency
Quarterly
Summary
As of July 2026, FS KKR Capital Corp. (FSK) yields 21.04% ($2.30 per share annually), with a blended fair-value estimate of $23.02 — +111% upside, so it screens as undervalued. Dividend safety grade: F (31/100). 2 years of dividend growth.
Is FSK a good dividend stock?
Higher riskFS KKR Capital Corp. (FSK) pays a quarterly dividend yielding 21.04% ($2.30/yr), with 2 years of growth and a dividend-safety grade of F. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (7000%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 21.04%
- Payout Ratio
- 7000%
- Annual Dividend
- $2.30
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- Jun 17, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $3.1B
- P/E Ratio
- —
- 5-Yr Total Return
- -53%
- 52-Week Range
- $9.72 – $22.52
- Dividend Safety
- F · 31/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
FSK Price — Last 12 Months
Daily close
Price Return
1 Year
-40%
3 Years
-47%
5 Years
-53%
52-Week Range
$9.72 – $22.52
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FSK worth?
Undervaluedlow confidenceOur blended fair-value estimate for FS KKR Capital Corp. is $23.02 per share, versus a market price of $10.93. That implies 111% of upside — a margin of safety of about 53%.
Fair Value
$23.02
Current Price
$10.93
Upside
+111%
Margin of Safety
53%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, -$1.96 EPS, $2.30 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FSK Dividend Safety Score
Unsafe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 17, 2026 | — | $0.4200 | regular |
| Mar 18, 2026 | — | $0.4800 | regular |
| Dec 3, 2025 | — | $0.7000 | regular |
| Sep 17, 2025 | — | $0.7000 | regular |
| Jun 18, 2025 | — | $0.7000 | regular |
| Mar 19, 2025 | — | $0.7000 | regular |
| Dec 4, 2024 | — | $0.7000 | regular |
| Sep 11, 2024 | — | $0.7000 | regular |
| Jun 12, 2024 | — | $0.7000 | regular |
| May 14, 2024 | — | $0.0500 | regular |
| Mar 12, 2024 | — | $0.7000 | regular |
| Feb 13, 2024 | — | $0.0500 | regular |
| Dec 12, 2023 | — | $0.7000 | regular |
| Nov 14, 2023 | — | $0.0500 | regular |
Income Calculator
At $2.30 / yr per share
