I am downgrading FSK to sell due to persistent NAV declines, rising non-accruals, and weakening dividend coverage. FSK's net investment income no longer fully supports its high 15.6% yield, forcing ...
FSK KKR Capital (FSK) sets a new dividend policy for 2026, targeting a 10% yield, above the BDC sector average. Despite an attractive valuation at 0.71x P/NAV and improved non-accruals, FSK's net ...