Knot Offshore Partners (KNOP) Declares $0.52 Quarterly Dividend; 12.4% Yield

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KNOT Offshore Partners LP Announces First Quarter 2016 Cash Distribution

April 15, 2016 6:07 AM EDT

ABERDEEN, Scotland--(BUSINESS WIRE)-- KNOT Offshore Partners LP (NYSE: KNOP) (The Partnership)

Distribution

The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended March 31, 2016, of $0.52 per unit.

This corresponds to $2.08 per outstanding unit on an annualized basis.

This... More