VNOM MLP — Viper Energy

Viper Energy (VNOM)

Updated November 12, 2026.

VNOM is an MLP. Its distribution rate is 4.89%, its trailing-12-month yield is 7.22%. Dividend Vision Distribution Safety Score™ is 83/100 (Safe). Total return is 161.1% over the past 12.4 years, 214.2 points behind SPY at 375.3%.

At the current 4.89% distribution rate, a $10,000 investment would generate approximately $489 per year, or about $122.25 per quarter if the next payment matches the last regular one.

VNOM performance versus SPY

As of Nov 12, 2026

Total return is 161.1% over the past 12.4 years, 214.2 points behind SPY at 375.3%. Over the past year its total return — price change plus distributions reinvested — is 16.1%. Its deepest 1-year drawdown was 19.7%.

VNOM key facts

Distribution Safety Score™

83 · Safe

Safety-Adjusted Yield

4.06%

Issuer

Viper Energy

Asset type

MLP

Asset class

Equity

Distribution rate

4.89%

Distribution frequency

Quarterly

Trailing yield

7.22%

5-year average yield

5.72

Last close

$40.88 (as of 2026-11-12)

Market cap

$7,876,282,884

Average volume

1,628,237

Dividend

$0.50

Ex-dividend date

11/12/2026

Payment date

11/19/2026

Beta

0.185

Payout ratio

101.3%

P/E ratio

32.44

Forward P/E

13.26

EPS

$1.26

How Dividend Vision calculates yield and returns

Distribution rate (4.89%) uses latest regular dividend ($0.50) × 4 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (7.22%) 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: Viper Energy 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.

VNOM 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 19.7%.

Who may consider VNOM — and who may not

VNOM may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (VNOM pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Tagged: MLP, Energy, Oil.

Frequently asked questions

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