KNOT Offshore Partners LP
KNOPEnergy · Stock · quarterly payer
Forward Yield
2.81%
Annual Dividend
$0.30
Payout Ratio
31%
5-Yr Growth
-45.1%
Ex-Date
Jul 27, 2026
Frequency
Quarterly
Summary
As of August 2026, KNOT Offshore Partners LP (KNOP) yields 2.81% ($0.30 per share annually), with a blended fair-value estimate of $3.71 — -65% downside, so it screens as overvalued. Dividend safety grade: C (62/100).
Is KNOP a good dividend stock?
Yes, with caveatsKNOT Offshore Partners LP (KNOP) pays a quarterly dividend yielding 2.81% ($0.30/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (31%)
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.81%
- Payout Ratio
- 31%
- Annual Dividend
- $0.30
- 5-Yr Avg Growth
- -45.1%
- Ex-Dividend Date
- Jul 27, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.06
- Market Cap
- $369.4M
- P/E Ratio
- 31.4
- 5-Yr Total Return
- -43%
- 52-Week Range
- —
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
KNOP Price — Last 12 Months
Daily close
Price Return
1 Year
+21%
3 Years
+56%
5 Years
-43%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KNOP worth?
Overvaluedlow confidenceOur blended fair-value estimate for KNOT Offshore Partners LP is $3.71 per share, versus a market price of $10.68. That implies 65% of downside.
Fair Value
$3.71
Current Price
$10.68
Downside
-65%
Margin of Safety
-188%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.34 EPS, $0.30 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KNOP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 27, 2026 | — | $0.0750 | regular |
| Apr 27, 2026 | — | $0.0500 | regular |
| Jan 26, 2026 | — | $0.0260 | regular |
| Oct 27, 2025 | — | $0.0260 | regular |
| Jul 28, 2025 | — | $0.0260 | regular |
| Apr 28, 2025 | — | $0.0260 | regular |
| Jan 27, 2025 | — | $0.0260 | regular |
| Oct 28, 2024 | — | $0.0260 | regular |
| Jul 29, 2024 | — | $0.0260 | regular |
| Apr 26, 2024 | — | $0.0260 | regular |
| Jan 26, 2024 | — | $0.0260 | regular |
| Oct 25, 2023 | — | $0.0260 | regular |
| Jul 26, 2023 | — | $0.0260 | regular |
| Apr 26, 2023 | — | $0.0260 | regular |
Income Calculator
At $0.30 / yr per share
