FS KKR Capital: A 15% Yield Trading 20% Below Book Value
FSKFS KKR Capital (FSK) Seeking Alpha·2024-05-13 12:53

Devenorr/iStock via Getty Images Introduction Receiving dividends is fun - and often necessary to retire (early). However, when it comes to chasing yield, I'm extremely careful, as I believe the higher the yield, the higher the risk there's something fundamentally wrong with the underlying investment. That's the so-called "sucker yield." Companies that fall under the "sucker-yield" definition typically have unpredictable and unreliable earnings histories with unsafe dividend payouts. - Forbes After all, a v ...