Knot Offshore Partners (KNOP) Lowers Quarterly Dividend 95% to $0.026; 1% Yield

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Knot Offshore Partners (KNOP) sees period of heightened uncertainty for the shuttle tanker market (earlier)

January 12, 2023 7:50 AM EST

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 December 31, 2022, of $0.026 per common unit.

This cash distribution will be paid on February 9, 2023 to all unitholders of record as of the close of business on January 26, 2023.

Gary Chapman, CEO and CFO of the Partnership, commented, In this near-term period of... More

Alliance Global Partners Downgrades KNOT Offshore Partners (KNOP) to Sell

January 12, 2023 7:09 AM EST

Alliance Global Partners analyst Poe Fratt downgraded KNOT Offshore Partners (NYSE: KNOP) from Buy to Sell with a price target of $6.00.


For an analyst ratings summary and ratings history on KNOT Offshore Partners... More