🟢 KNOT Offshore Partners is trading 9.84% up in after-hours trading after a distribution increase

KNOT Offshore Partners is trading at $11.50, up +9.84% in after-hours trading after October 1’s regular-session close, following its announced quarterly distribution increase; sources do not confirm the increase caused the move.

• On October 1, the partnership announced a $0.10 quarterly cash distribution, up 33.3% from $0.075.
• Payment is scheduled for November 12 to unitholders of record October 26.