DV
Dividend Vision

KRP MLP — Kimbell Royalty Partners

Kimbell Royalty Partners (KRP)

Updated November 6, 2026.

Verdict as of November 6, 2026 close

KRP's distribution is rated safe by the Dividend Vision Distribution Safety Score™ (81/100, high confidence). It pays quarterly and its distribution rate is 12.41%. The latest total cash payment per current share, $0.47 with an ex-date of August 17, 2026, was 14.6% higher than the previous $0.41. It is not yet confirmed whether this is an increase in the regular payout or a one-off difference.

Sources: Kimbell Royalty Partners page for KRP, Section 19a-1 notices, scoring methodology.

KRP is an MLP. Its distribution rate is 12.41%, its trailing-12-month yield is 10.56%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Total return is 90.5% over the past 9.8 years, 181.6 points behind SPY at 272.1%.

KRP dividend yield and income

Price as of 2026-11-06.

The distribution rate (12.41%) has no calculation basis on file. Trailing-12-month yield (10.56%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.47. The ex-dividend date is 08/17/2026. The payment date is 08/24/2026.

Recorded distribution timeline (38)
Ex-dateAmountChange from previous payment
2026-08-17$0.4714.6%
Total cash (unclassified)
2026-05-19$0.41N/A
2026-03-18$0.375.7%
Total cash (unclassified)
2025-11-17$0.35-7.9%
Total cash (unclassified)
2025-08-18$0.38-19.1%
Total cash (unclassified)
2025-05-20$0.47N/A
2025-03-18$0.4-2.4%
Total cash (unclassified)
2024-11-18$0.41-2.4%
Total cash (unclassified)
2024-08-12$0.42-14.3%
Total cash (unclassified)
2024-05-10$0.49N/A
2024-03-12$0.43-15.7%
Total cash (unclassified)
2023-11-10$0.5130.8%
Total cash (unclassified)
2023-08-11$0.3911.4%
Total cash (unclassified)
2023-05-12$0.35N/A
2023-03-08$0.48-2.0%
Total cash (unclassified)
2022-11-10$0.49-10.9%
Total cash (unclassified)
2022-08-12$0.5517.0%
Total cash (unclassified)
2022-04-29$0.4727.0%
Total cash (unclassified)
2022-01-28$0.370.0%
Total cash (unclassified)
2021-10-29$0.3719.4%
Total cash (unclassified)
2021-07-30$0.3114.8%
Total cash (unclassified)
2021-04-30$0.2742.1%
Total cash (unclassified)
2021-01-29$0.190.0%
Total cash (unclassified)
2020-10-30$0.1946.2%
Total cash (unclassified)
2020-07-31$0.13-23.5%
Total cash (unclassified)
2020-05-01$0.17-55.3%
Total cash (unclassified)
2020-01-31$0.38-9.5%
Total cash (unclassified)
2019-11-01$0.427.7%
Total cash (unclassified)
2019-08-02$0.395.4%
Total cash (unclassified)
2019-05-03$0.37-7.5%
Total cash (unclassified)
2019-02-01$0.4-11.1%
Total cash (unclassified)
2018-11-02$0.454.7%
Total cash (unclassified)
2018-08-03$0.432.4%
Total cash (unclassified)
2018-05-04$0.4216.7%
Total cash (unclassified)
2018-02-06$0.3616.1%
Total cash (unclassified)
2017-11-03$0.313.3%
Total cash (unclassified)
2017-08-03$0.330.4%
Total cash (unclassified)
2017-05-04$0.23—
2017 total$0.84—
2018 total$1.6697.6%
2019 total$1.58-4.8%
2020 total$0.87-44.9%
2021 total$1.1431.0%
2022 total$1.8864.9%
2023 total$1.73-8.0%
2024 total$1.751.2%
2025 total$1.6-8.6%
2026 YTD total$1.250.0% vs prior-year YTD

KRP dividend growth

Trailing-12-month distributions versus the preceding 12 months changed -3.6%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -19.16%.

TTM income vs TTM N years earlier
WindowChange
1Y-3.6%
3Y-6.4%
5Y66.7%

KRP performance versus SPY

Total return is 90.5% over the past 9.8 years, 181.6 points behind SPY at 272.1%. Over the past year its total return — price change plus distributions reinvested — is 27.8%. Its deepest 1-year drawdown was 15.5%.

WindowTotal returnCAGR
1M1.6%—
3M7.4%—
6M3.4%—
YTD39.0%—
1Y27.8%—
2Y CAGR—8.40%
3Y CAGR—8.50%
5Y CAGR—11.30%
Since 2017-02-03 (first price on file) · 9.8 years90.5%6.80%

KRP key facts

Distribution Safety Score™
81 · Safe
Safety-Adjusted Yield
10.05%
Issuer
Kimbell Royalty Partners
Asset type
MLP
Asset class
Equity
Distribution rate
12.41%
Distribution frequency
Quarterly
Trailing yield
10.56%
5-year average yield
10.78
Last close
$15.15 (as of 2026-11-06)
Market cap
$1,528,574,158
Average volume
872,552
Dividend
$0.47
Ex-dividend date
08/17/2026
Payment date
08/24/2026
Beta
0.358
Payout ratio
1.9%
P/E ratio
17.82
Forward P/E
15.43
EPS
$0.85

How Dividend Vision calculates yield and returns

Distribution rate (12.41%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.56%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Kimbell Royalty Partners or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

KRP risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.5%.

Who may consider KRP — and who may not

KRP may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (KRP pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on KRP

Tagged: MLP, Energy, Oil.

Frequently asked questions

Does KRP pay monthly?

No. KRP currently pays quarterly, not monthly.

What is KRP's dividend yield?

KRP's distribution rate is 12.41%, paid quarterly — no calculation basis on file.

How has KRP's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed -3.6%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does KRP pay a dividend?

KRP pays quarterly. The dividend amount is $0.47. The ex-dividend date is 08/17/2026. The payment date is 08/24/2026.

How has KRP performed?

Total return is 90.5% over the past 9.8 years, 181.6 points behind SPY at 272.1%. Over the past year its total return — price change plus distributions reinvested — is 27.8%. Its deepest 1-year drawdown was 15.5%.

Is KRP a good investment?

KRP's Dividend Vision Distribution Safety Score is 81 (Safe). That is a risk signal, not investment advice. Its distribution rate is 12.41% (no calculation basis on file). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.