SmarterDividends
FSK

FS KKR Capital Corp.

FSK

Financial Services · Asset Management · Stock · quarterly payer

$10.40

Undervalued · +134% Add to Portfolio

Forward Yield

16.92%

Annual Dividend

$1.76

Payout Ratio

7000%

5-Yr Growth

1.8%

Ex-Date

Dec 1, 2026

Frequency

Quarterly

Key facts about FSK's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, FS KKR Capital Corp. (FSK) has a forward dividend yield of 16.92%, based on an annual dividend of $1.76 per share and a share price of $10.40.
  • As of Oct 27, 2026, FSK's dividend safety grade from SmarterDividends is D (40 out of 100), which rates the dividend as unsafe.
  • By SmarterDividends' count, FS KKR Capital Corp. (FSK) has raised its dividend for 2 consecutive years as of Oct 27, 2026.
  • FSK last cut its regular dividend in 2023.
  • FSK's next ex-dividend date is Dec 1, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
  • FSK's dividend has grown at an average rate of 1.8% a year over the past five years.
  • As of Oct 27, 2026, FSK's 16.92% yield is 23% above its five-year average yield of 13.79%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for FSK is $24.34 per share, 134% above the $10.40 share price, so FSK screens as undervalued.
  • FS KKR Capital Corp. (FSK) pays its dividend quarterly, 4 times a year.
  • FS KKR Capital Corp. (FSK) has raised its regular dividend 7 times and cut it 6 times across the 64 payments on record since 2014. Its most recent change was a 4.8% increase to $0.440 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Jun 17, 2026.
Cite this page

SmarterDividends, "FSK Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/FSK

Summary

As of Oct 27, 2026, FS KKR Capital Corp. (FSK) yields 16.92% ($1.76 a year per share), has a dividend safety grade of D (40/100) and has 2 consecutive years of dividend increases on record.

Is FSK a good dividend stock?

Higher risk

FS KKR Capital Corp. (FSK) pays a quarterly dividend yielding 16.92% ($1.76/yr), with 2 years of growth and a dividend-safety grade of D. 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
    16.92%
    Payout Ratio
    7000%
    Annual Dividend
    $1.76
    5-Yr Avg Growth
    1.8%
    Ex-Dividend Date
    Dec 1, 2026
    Years of Growth
    2
    Frequency
    quarterly
    Beta
    0.93
    Market Cap
    $2.9B
    P/E Ratio
    —
    5-Yr Total Return
    -50%
    52-Week Range
    $9.72 – $16.31
    Dividend Safety
    D · 40/100
    Ever Cut?
    Yes (2023)

    FSK dividend raises and cuts

    FS KKR Capital Corp. (FSK) has raised its regular dividend 7 times and cut it 6 times across the 64 payments on record since 2014. Its most recent change was a 4.8% increase to $0.440 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Jun 17, 2026.

    Ex-dateChangeOld → newMove
    Sep 16, 2026Raise$0.420 → $0.440+4.8%
    Jun 17, 2026Cut$0.480 → $0.420−12.5%
    Mar 18, 2026Cut$0.700 → $0.480−31.4%
    Mar 14, 2023Raise$0.680 → $0.700+2.9%
    Dec 13, 2022Raise$0.670 → $0.680+1.5%
    Sep 13, 2022Cut$0.680 → $0.670−1.5%
    Jun 14, 2022Raise$0.630 → $0.680+7.9%
    Mar 15, 2022Raise$0.620 → $0.630+1.6%
    Dec 14, 2021Cut$0.650 → $0.620−4.6%
    Sep 14, 2021Raise$0.600 → $0.650+8.3%
    Jun 16, 2020Cut$0.760 → $0.600−21.1%
    Dec 19, 2017Cut$0.892 → $0.760−14.8%
    Show all 13 changes since 2015
    Ex-dateChangeOld → newMove
    Mar 23, 2015Raise$0.296 → $0.892+201.4%
    Every FSK payment →Download every raise and cut (CSV)
    FSK ex-dividend date & scheduleNext ex-date Dec 1, 2026 · full ex-dividend historyView →FSK dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is FSK a good dividend stock?

    Higher risk. FS KKR Capital Corp. (FSK) pays a quarterly dividend yielding 16.92% ($1.76/yr), with 2 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

    Is FSK undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, FSK's fair value is about $24.34 versus a $10.40 share price — so it looks undervalued (+134% vs. fair value).

    Is FSK's dividend safe?

    FSK has a dividend-safety grade of D (40/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is FSK's fair value?

    Our blended fair-value estimate for FSK is about $24.34 per share, roughly 134% above the current $10.40 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is FSK a buy, hold, or sell?

    We don't issue formal ratings, but on the data FSK screens as "higher risk" and undervalued. FS KKR Capital Corp. (FSK) pays a quarterly dividend yielding 16.92% ($1.76/yr), with 2 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

    Will FSK cut its dividend?

    FSK earns a dividend-safety grade of D (40/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does FSK pay a dividend?

    Yes. FS KKR Capital Corp. pays a quarterly dividend of about $1.76 per share annually, a forward yield of roughly 16.92%.

    What is FSK's dividend yield?

    As of Oct 27, 2026, FSK's forward dividend yield is 16.92%, based on a $1.76 annual dividend and a $10.40 share price.

    What is FSK's dividend per share?

    As of Oct 27, 2026, FSK pays $1.76 per share per year, distributed on a quarterly basis.

    What is FSK's dividend payout ratio?

    As of Oct 27, 2026, FSK's payout ratio is 7000% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has FSK grown its dividend?

    As of Oct 27, 2026, FSK has increased its dividend for 2 consecutive years.

    When is the next FSK ex-dividend date?

    As of Oct 27, 2026, the next ex-dividend date on record for FSK is Dec 1, 2026.

    FSK Dividend News

    FSK
    CutFSK·Jun 18, 2026

    FS KKR Capital (FSK) Cuts Dividend 12.5% to $0.42

    FS KKR Capital's FSK quarterly dividend falls to $0.42 per share as weaker net investment income and portfolio stress reshape shareholder returns.

    Income Calculator

    At $1.76 / yr per share

    Per payment (quarterly)$44.00
    Annual$176.00
    Monthly avg$14.67

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