Kimbell Royalty Partners Common Limited Partner Interests (KRP) Dividends

Kimbell Royalty Partners Common Limited Partner Interests (KRP): $16.06

0.06 (+0.37%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: MLPs - Other

Industry

C

Ranked

#6 of 8

in industry

Dividend Yield and Dividend History Highlights

  • KRP's trailing 12 month dividends has averaged an annual growth rate of 27.91%.
  • In terms of debt burden relative to earnings, KRP has an EBITDA to net debt ratio of -0.45, ranking above 2.68% stocks in our set.
  • Free cash flow for KRP has a compound average growth rate of -1,482.15%, which is higher than just 0.55% of stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with KRP's price: WPG, GAN, WPM, OLED and ATNI.
KRP Ex-Dividend Date
KRP Dividend Yield
10.82%
KRP Annual Dividend
$1.72
KRP Payout Ratio

KRP Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$16.06$263.86 1500.14%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of KRP, the DDM model, as implemented by StockNews, implies a positive return of 1500.14% relative to its current price. To help understand and contextualize the model's evaluation of KRP, investors may wish to consider are:

  • Relative to all dividend yielding stocks in our set, KRP offers a dividend yield in the top 4.17% of stocks in our set.
  • Kimbell Royalty Partners LP's market cap of $1 billion US dollars puts it in the small-sized market cap class; amongst this group of stocks, its equity discount rate is lower than 95.53% of them.
  • The stock's annual revenue of roughly $136 million puts it in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than 96.67% of companies in the same revenue class.


KRP Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-03-12Dividend$0.43-15.69%
2023-11-10Dividend$0.51+30.77%
2023-08-11Dividend$0.39+11.43%
2023-05-12Dividend$0.35-27.08%
2023-03-08Dividend$0.48-2.04%
2022-11-11Dividend$0.49--
2022-11-10Dividend$0.49-10.91%
2022-08-12Dividend$0.55+17.02%
2022-04-29Dividend$0.47+27.03%
2022-01-28Dividend$0.37--
2021-10-29Dividend$0.37+19.35%
2021-07-30Dividend$0.31+14.81%
2021-04-30Dividend$0.27+42.11%
2021-01-29Dividend$0.19--
2020-10-30Dividend$0.19+46.15%
2020-07-31Dividend$0.13-23.53%
2020-05-01Dividend$0.17-55.26%
2020-01-31Dividend$0.38-9.52%
2019-11-01Dividend$0.42+7.69%
2019-08-02Dividend$0.39+5.41%
2019-05-03Dividend$0.37-7.50%
2019-02-01Dividend$0.40-11.11%
2018-11-02Dividend$0.45+4.65%
2018-08-03Dividend$0.43+2.38%
2018-05-04Dividend$0.42+16.67%
2018-02-06Dividend$0.36+16.13%
2017-11-03Dividend$0.31+3.33%
2017-08-03Dividend$0.30+30.43%
2017-05-04Dividend$0.23--


KRP Dividends vs. Peers

KRP's dividend yield currently ranks #16 of 21 vs. its peers in the MLPs - Other category.
Rank Symbol Name Dividend Yield
1 BKEP Blueknight Energy Partners G.P. LLC 0.00%
2 AHGP Alliance Holdings GP, L.P. - Common Limited Partner Interests 0.00%
3 POPE Pope Resources - Limited Partnership 0.00%
4 FELP Foresight Energy LP Common Units representing Limited Partner Interests 0.00%
5 HCLP Hi-Crush Partners LP Common Units representing limited partner interests 0.00%
6 BEP Brookfield Renewable Partners L.P. 0.00%
7 RTLR Rattler Midstream LP - Common Limited Partnership Interests 0.00%
8 NRP Natural Resource Partners L.P. 0.00%
9 BIP Brookfield Infrastructure Partners L.P. 0.00%
10 WLKP Westlake Chemical Partners LP 0.00%
11 WMLP Westmoreland Resource Partners, LP Common Units representing Limited Partner Interests 0.00%
12 CCR CONSOL Coal Resources LP Common Units representing limited partner interests 0.00%
13 ARLP Alliance Resource Partners L.P. 0.00%
14 OCIP OCI Partners LP Common Units representing Limited Partner Interests 0.00%
15 CINR Ciner Resources LP Common Units representing Limited Partner Interests 0.00%
16 KRP Kimbell Royalty Partners Common Limited Partner Interests 0.00%
17 SPLP Steel Partners Holdings LP LTD PARTNERSHIP UNIT 0.00%
18 UAN CVR Partners LP 0.00%
19 USDP USD Partners LP 0.00%
20 SXCP SunCoke Energy Partners, L.P. Common Limited partner Interests 0.00%
21 NEP NextEra Energy Partners, LP Common Units representing limited partner interests 0.00%

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