Kimbell Royalty Partners, LP

NYSE:KRP Stock Report

Market Cap: US$1.6b

Kimbell Royalty Partners Dividend

Dividend criteria checks 2/6

Kimbell Royalty Partners is a dividend paying company with a current yield of 10.13%.

Key information

10.1%

Dividend yield

302%

Payout ratio

Industry average yield3.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$0.56
Dividend yield forecast in 3Y9.3%

Recent dividend updates

Recent updates

Kimbell Royalty Partners: 2024 Production Guidance May Be Conservative

Apr 10

Kimbell Royalty Partners: Looking At Projected Results And Distribution For 2024

Jan 13

Kimbell Royalty Partners Is Worth Looking For The Right Entry Position

Dec 26

Kimbell Royalty Partners: Closes LongPoint Acquisition And Issues $325 Million In Preferred Units

Oct 12

Kimbell Royalty Partners: Yield May Reach 13% In 2024 With 75% Payout Ratio

Aug 03

Kimbell Royalty Partners: Recent Acquisition Adds Nearly 20% To Distributable Cash Flow Per Unit

May 28

Kimbell Royalty Partners Q4 2022 Earnings Preview

Feb 22

Kimbell Royalty Partners: Weak Near-Term NG Prices Weigh On 2023 Projections

Feb 15

Kimbell Royalty Partners: Bigger, But Not Better For Their Unitholders

Nov 09

Kimbell Royalty Partners Q3 2022 Earnings Preview

Nov 02

Kimbell Royalty Partners Should Deliver Quarterly Distributions Of Over $0.50 For A While

Sep 02

Kimbell Royalty Partners Q2 2022 Earnings Preview

Aug 03

Kimbell Royalty Partners Units Remain A Bargain Amid The Crude Oil Selloff

Jul 21

Kimbell Royalty Partners: Estimated $2.80 Per Unit In Distributable Cash Flow For 2022 And 2023

May 28

Kimbell Royalty Partners: Business-As-Usual During 2022, Albeit Very Profitable With A 10%+ Yield

Mar 13

Kimbell Royalty Partners: A Look At Its Potential 2022 Results

Dec 31

Kimbell Royalty Partners: Potential $0.45 Distribution For Q4 2021

Oct 30

Kimbell Royalty Partners: May Have Nearly 20 Years Of Drilling Inventory

Jul 15

Kimbell Royalty Partners, LP 2021 Q1 - Results - Earnings Call Presentation

May 10

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: KRP has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: KRP's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Kimbell Royalty Partners Dividend Yield vs Market
How does KRP dividend yield compare to the market?
SegmentDividend Yield
Company (KRP)10.1%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Oil and Gas)3.9%
Analyst forecast in 3 Years (KRP)9.3%

Notable Dividend: KRP's dividend (10.13%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: KRP's dividend (10.13%) is in the top 25% of dividend payers in the US market (4.58%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (302.1%), KRP's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: KRP is paying a dividend but the company has no free cash flows.


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