Kimbell Royalty Partners, LP Approves Cash Distribution for the First Quarter of 2025, Payable on May 28, 2025

Published: 2025-05-08 07:00:00 ET KRP

Published on 05/08/2025 at 07:00, updated on 05/08/2025 at 08:35

Board of Directors of Kimbell Royalty Partners, LP approved a cash distribution payment to common unitholders of 75% of cash available for distribution for the first quarter of 2025, or $0.47 per common unit.  The distribution will be payable on May 28, 2025 to common unitholders of record at the close of business on May 20, 2025. Kimbell plans to utilize the remaining 25% of cash available for distribution for the first quarter of 2025 to pay down approximately $16.9 million of the outstanding borrowings under its secured revolving credit facility.