KKR Financial Holdings (KFN) Will Not Pay A Dividend
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With its earnings report this morning, KKR Financial Holdings LLC (NYSE: KFN) said it has elected to retain capital and not pay a dividend for the third quarter of 2008. The Company's decision to suspend its dividend to shareholders stems from the unprecedented level of illiquidity in the global financial markets and the Company's determination that maintaining maximum flexibility through retaining capital is prudent given the current environment.
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