Kimbell Royalty Partners LP (KRP) has declared a dividend of $0.35 per share, payable to shareholders of record. This marks a 7.9% reduction from the previous dividend of $0.38 per share.
The dividend will be paid on November 23, 2025, to those who own shares before the ex-dividend date of November 16, 2025. The current dividend yield stands at 10.46%, calculated based on the stock price.
Kimbell Royalty Partners, headquartered in Fort Worth, Texas, engages in owning and acquiring mineral and royalty interests in oil and natural gas properties across over 17 million gross acres in 28 states. The company's portfolio includes significant holdings in the Permian Basin, Mid-Continent, and Appalachian regions, among others.
This update provides insight into Kimbell’s cash flow generation and capital allocation strategy. While regular dividend payments can appeal to income-focused investors, the reduction raises questions about the company's financial health and future priorities. Investors are encouraged to consider Kimbell's dividend history, payout ratio, and overall financial metrics, including a market cap of $1.6 billion and a P/E ratio of 40.63, when assessing the sustainability of its dividend payments.
Upcoming earnings on August 4, 2026, are projected at an EPS of $0.13 and revenue of $86.3 million, which may further inform investor sentiment regarding the company's performance.