Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Dividend Payout Ratio

: 3.02 (As of Dec. 2023)

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Kimbell Royalty Partners LP's dividend payout ratio for the months ended in Dec. 2023 was 3.02.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kimbell Royalty Partners LP is 1.98, which seems too high.

The historical rank and industry rank for Kimbell Royalty Partners LP's Dividend Payout Ratio or its related term are showing as below:

KRP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.83 Max: 1.98
Current: 1.98

During the past 10 years, the highest Dividend Payout Ratio of Kimbell Royalty Partners LP was 1.98. The lowest was 0.35. And the median was 0.83.

KRP's Dividend Payout Ratio is ranked worse than
94.01% of 451 companies
in the Oil & Gas industry
Industry Median: 0.44 vs KRP: 1.98

As of today (2024-04-24), the Dividend Yield % of Kimbell Royalty Partners LP is 10.50%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Kimbell Royalty Partners LP was 37.53%. The lowest was 1.37%. And the median was 9.57%.

Kimbell Royalty Partners LP's Dividends per Share for the months ended in Dec. 2023 was $0.51.

During the past 12 months, Kimbell Royalty Partners LP's average Dividends Per Share Growth Rate was -8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 25.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.90% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Kimbell Royalty Partners LP was 25.80% per year. The lowest was -11.80% per year. And the median was 6.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Kimbell Royalty Partners LP Dividend Payout Ratio Historical Data

The historical data trend for Kimbell Royalty Partners LP's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kimbell Royalty Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.80

0.35

0.94

0.83

1.95

Kimbell Royalty Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.13	1.91	1.62	1.64	3.02

Competitive Comparison

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kimbell Royalty Partners LP Dividend Payout Ratio Distribution

For the Oil & Gas industry and Energy sector, Kimbell Royalty Partners LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kimbell Royalty Partners LP's Dividend Payout Ratio falls into.

Kimbell Royalty Partners LP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Kimbell Royalty Partners LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.73	/	0.888
	=	1.95

Kimbell Royalty Partners LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.51	/	0.169
	=	3.02

Kimbell Royalty Partners LP (NYSE:KRP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Kimbell Royalty Partners LP Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Kimbell Royalty Partners LP's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kimbell Royalty Partners LP (NYSE:KRP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0R3:Germany

Address

777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102

Website

https://www.kimbellrp.com

Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.

Executives

T Scott Martin	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Blayne Rhynsburger	officer: Controller	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mitch S. Wynne	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mb Minerals, L.p.	10 percent owner	800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Sabalo Midland Basin, Inc.	10 percent owner	800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Encap Energy Capital Fund Ix, L.p.	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Erik B Daugbjerg	director	3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Brett G. Taylor	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Pep I Holdings, Llc	10 percent owner	C/O ENCAP INVESTMENTS L.P., 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kkr Upstream Associates Llc	10 percent owner	C/O KKR, 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Robert D. Ravnaas	director, officer: Chief Executive Officer	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Peter Alcorn	officer: Vice President-Land	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Matthew S. Daly	officer: Senior V.P.-Corp. Development	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Robert Davis Ravnaas	officer: President and CFO	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102