KRP Dividend Type Payments

Although KRP has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Kimbell Royalty Partners Common Units Representing Limited Partner Inter to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Tue 12:05 PM ET):

Kimbell Royalty Partners Common Units Representing Limited Partner Inter (KRP)
Bid Ask Last Change Volume P/E Market Cap
12.91 12.92 12.92 -0.17 170K 96 1.2B

KRP Dividend-Like Income Using Covered Calls

With KRP at 12.92, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield Annual Premium Cents/Day
3% 0.39 0.1
5% 0.65 0.2
10% 1.29 0.4

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

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Top 10 Open Interest For Oct 17 Expiration     Top 5 High Yield
1.NVDA dividend 6.SLV dividend   1.ABAT dividend
2.IBIT dividend 7.INTC dividend   2.POWI dividend
3.GLD dividend 8.AMZN dividend   3.KURA dividend
4.SPY dividend 9.QQQ dividend   4.ARCT dividend
5.TSLA dividend 10.IWM dividend   5.SOC dividend

Want more examples? KRO Dividend | KRYS Dividend