Kimbell Royalty Partners's most recent quarterly dividend of $0.35 per share was on May 12, 2023 (ex-date). The annualized payout of $1.87 per share represents a current dividend yield of 12.7%. The latest KRP distribution of $0.35 marks a dividend change of -27%.
Kimbell Royalty Partners's dividend yield of 12.7% is above the Energy sector and the industry average. Compared to its Energy sector average of 4.47%, Kimbell Royalty Partners's dividend yield is 184% higher. The current dividend yield is above the historical average of 10.5% of the last 5 years.
Kimbell Royalty Partners has a history of paying dividends since 2017. Our records of KRP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has an increase of 23% for the last year. And since the stock price has gone down by 22% from a year ago, the dividend yield has an increase of 58%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 12, 2023 | May 22, 2023 | May 3, 2023 | $0.35 | normal |
| Mar 8, 2023 | Mar 16, 2023 | Feb 23, 2023 | $0.48 | normal |
| Nov 10, 2022 | Nov 21, 2022 | Nov 3, 2022 | $0.49 | normal |
| Aug 12, 2022 | Aug 22, 2022 | Aug 4, 2022 | $0.55 | normal |
| Apr 29, 2022 | May 9, 2022 | Apr 22, 2022 | $0.47 | normal |
| Jan 28, 2022 | Feb 7, 2022 | Jan 21, 2022 | $0.37 | normal |
| Oct 29, 2021 | Nov 8, 2021 | Oct 22, 2021 | $0.37 | normal |
| Jul 30, 2021 | Aug 9, 2021 | Jul 23, 2021 | $0.31 | normal |
| Apr 30, 2021 | May 10, 2021 | Apr 23, 2021 | $0.27 | normal |
| Jan 29, 2021 | Feb 8, 2021 | Jan 22, 2021 | $0.19 | normal |
| Oct 30, 2020 | Nov 9, 2020 | Oct 23, 2020 | $0.19 | normal |
| Jul 31, 2020 | Aug 10, 2020 | Jul 24, 2020 | $0.13 | normal |
| May 1, 2020 | May 11, 2020 | Apr 27, 2020 | $0.17 | normal |
| Jan 31, 2020 | Feb 10, 2020 | Jan 24, 2020 | $0.38 | normal |
| Nov 1, 2019 | Nov 11, 2019 | Oct 25, 2019 | $0.42 | normal |
| Aug 2, 2019 | Aug 12, 2019 | Jul 26, 2019 | $0.39 | normal |
| May 3, 2019 | May 13, 2019 | Apr 26, 2019 | $0.37 | normal |
| Feb 1, 2019 | Feb 11, 2019 | Jan 25, 2019 | $0.4 | normal |
| Nov 2, 2018 | Nov 12, 2018 | Oct 26, 2018 | $0.45 | normal |
| Aug 3, 2018 | Aug 13, 2018 | Jul 27, 2018 | $0.43 | normal |
| May 4, 2018 | May 14, 2018 | Apr 27, 2018 | $0.42 | normal |
| Feb 6, 2018 | Feb 14, 2018 | Jan 26, 2018 | $0.36 | normal |
| Nov 3, 2017 | Nov 13, 2017 | Oct 27, 2017 | $0.31 | normal |
| Aug 3, 2017 | Aug 14, 2017 | Jul 28, 2017 | $0.3 | normal |
| May 4, 2017 | May 15, 2017 | May 2, 2017 | $0.23 | normal |
Kimbell Royalty Partners's payout ratio of 84.6% is above the Energy sector and the industry average. Compared to its Energy sector average of 36.5%, Kimbell Royalty Partners's payout ratio is 132% higher.
Yes, Kimbell Royalty Partners has been paying dividends for the last six years.
KRP hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2023.
Kimbell Royalty Partners's last regular dividend was on May 12, 2023 (ex-date) with the amount of $0.35 per share.
On an annual basis KRP pays $1.87 per share.
The current dividend yield of Kimbell Royalty Partners is 12.7%.
Kimbell Royalty Partners pays four dividends per year.
The dividend payout ratio of Kimbell Royalty Partners is 84.6%.
Kimbell Royalty Partners's dividend yield is above the Energy sector average.