KNOT Offshore Partners: A Deep Value Opportunity with Dividend Recovery Potential
Summary Introduction KNOT Offshore Partners (KNOP) has been a long-time favorite among income investors, thanks to its historically high dividend yield and niche shuttle tanker operations. However, macroeconomic headwinds and delays in North Sea projects led to a severe dividend cut in late 2022. Despite these challenges, KNOP is making strategic moves that could position...