Kimbell Royalty Partners, LP, together with its subsidiaries, acquires and owns mineral and royalty interests in oil and natural gas properties in the United States. As of December 31, 2021, it owned mineral and royalty interests in approximately 11.4 million gross acres and overriding royalty interests in approximately 4.7 million gross acres. The company's mineral and royalty interests are located in 28 states and include ownership in approximately 122,000 gross wells, including approximately 46,000 wells in the Permian Basin. It serves as the general partner of the company. The company was founded in 2013 and is based in Fort Worth, Texas.
Kimbell Royalty Partners Dividend Announcement
• Kimbell Royalty Partners announced a quarterly dividend of $0.41 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-18
• Kimbell Royalty Partners annual dividend for 2024 was $1.75
• Kimbell Royalty Partners annual dividend for 2023 was $1.73
• Kimbell Royalty Partners's trailing twelve-month (TTM) dividend yield is 8.07%
• Kimbell Royalty Partners's payout ratio for the trailing twelve months (TTM) is 464.06%
• Kimbell Royalty Partners's dividend growth over the last five years (2018-2023) was 0.83% year
Kimbell Royalty Partners Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $0.41 | quarterly | 2024-11-25 |
2024-08-12 | $0.42 | quarterly | 2024-08-19 |
2024-05-10 | $0.49 | quarterly | 2024-05-20 |
2024-03-12 | $0.43 | quarterly | 2024-03-20 |
2023-11-10 | $0.51 | quarterly | 2023-11-20 |
2023-08-11 | $0.39 | quarterly | 2023-08-21 |
2023-05-12 | $0.35 | quarterly | 2023-05-22 |
2023-03-08 | $0.48 | quarterly | 2023-03-16 |
2022-11-10 | $0.49 | quarterly | 2022-11-21 |
2022-08-12 | $0.55 | quarterly | 2022-08-22 |
2022-04-29 | $0.47 | quarterly | 2022-05-09 |
2022-01-28 | $0.37 | quarterly | 2022-02-07 |
2021-10-29 | $0.37 | quarterly | 2021-11-08 |
2021-07-30 | $0.31 | quarterly | 2021-08-09 |
2021-04-30 | $0.27 | quarterly | 2021-05-10 |
2021-01-29 | $0.19 | quarterly | 2021-02-08 |
2020-10-30 | $0.19 | quarterly | 2020-11-09 |
2020-07-31 | $0.13 | quarterly | 2020-08-10 |
2020-05-01 | $0.17 | quarterly | 2020-05-11 |
2020-01-31 | $0.38 | quarterly | 2020-02-10 |
2019-11-01 | $0.42 | quarterly | 2019-11-11 |
2019-08-02 | $0.39 | quarterly | 2019-08-12 |
2019-05-03 | $0.37 | quarterly | 2019-05-13 |
2019-02-01 | $0.40 | quarterly | 2019-02-11 |
2018-11-02 | $0.45 | quarterly | 2018-11-12 |
2018-08-03 | $0.43 | quarterly | 2018-08-13 |
2018-05-04 | $0.42 | quarterly | 2018-05-14 |
2018-02-06 | $0.36 | quarterly | 2018-02-14 |
2017-11-03 | $0.31 | quarterly | 2017-11-13 |
2017-08-03 | $0.30 | quarterly | 2017-08-14 |
2017-05-04 | $0.23 | quarterly | 2017-05-15 |
Kimbell Royalty Partners Dividend per year
Kimbell Royalty Partners Dividend growth
Kimbell Royalty Partners Dividend Yield
Kimbell Royalty Partners current trailing twelve-month (TTM) dividend yield is 8.07%. Interested in purchasing Kimbell Royalty Partners stock? Use our calculator to estimate your expected dividend yield:
Kimbell Royalty Partners Financial Ratios
Kimbell Royalty Partners Dividend FAQ
Other factors to consider when evaluating Kimbell Royalty Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Kimbell Royalty Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Kimbell Royalty Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Kimbell Royalty Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Kimbell Royalty Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Kimbell Royalty Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Kimbell Royalty Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kimbell Royalty Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Kimbell Royalty Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Kimbell Royalty Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.