KRP MLP — Kimbell Royalty Partners

Kimbell Royalty Partners (KRP)

KRP is a MLP. its distribution rate is 12.86%, its trailing-12-month yield is 10.94%. Dividend Vision Distribution Safety Score™ is 81/100 (Safe). Total return is 85.3% over the past 9.6 years, 201.3 points behind SPY at 286.6%.

At the current 12.86% distribution rate, a $10,000 investment would generate approximately $1,286 per year, or about $321.50 per quarter if the next payment matches the last regular one.

KRP performance versus SPY

Price and return data through 2026-09-18.

Total return is 85.3% over the past 9.6 years, 201.3 points behind SPY at 286.6%. Over the past year its total return — price change plus distributions reinvested — is 19.4%. Its deepest 1-year drawdown was 16.1%.

KRP key facts

Distribution Safety Score™

81 · Safe

Safety-Adjusted Yield

10.42%

Issuer

Kimbell Royalty Partners

Asset type

MLP

Asset class

Equity

Distribution rate

12.86%

Distribution frequency

Quarterly

Trailing yield

10.94%

5-year average yield

10.88

Last close

$14.62 (as of 2026-09-18)

Market cap

$1,475,099,286

Average volume

704500.0

Last dividend

$0.47

Last ex-dividend date

08/17/2026

Last payment date

08/24/2026

Beta

0.289

Payout ratio

0.0155

P/E ratio

17.2

Forward P/E

13.947

EPS

$0.85

How Dividend Vision calculates yield and returns

Distribution rate (12.86%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (10.94%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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.

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 16.1%.

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.

Frequently asked questions

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