KKR Real Estate Finance: The 15% Yield Likely Gets Cut, Again

imaginima/iStock via Getty Images On our last coverage of KKR Real Estate Finance Trust Inc. (NYSE:KREF) we identified the potential reasons that we did not want to chase this. The stock has moved lower, and even the large yield has failed to get total returns into positive territory. The total return has lagged the broader S&P 500 (SPY) by almost 27%. Seeking Alpha We look at the recently released Q1-2024 results and explain why you should not take your eyes off the ball, even though it might appear that t ...