DMLP Dorchester Minerals, L.P.

Energy · Oil & Gas E&P

6 · Fair Momentum 8.0 · Strong At risk

28.55

+0.78%

About the company

Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests, which represent net profits overriding royalty interests in various properties owned by the operating partnership. The company was founded in 1982 and is based in Dallas, Texas.

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11.17%

182.29%

3.19

1.4B

16.31

1.75

26.52

52-week range

28.6

low 20.9 high 30.5

Dividend deep dive

Dorchester Minerals, L.P. (DMLP) operates in the Oil & Gas E&P sector. It currently offers a dividend yield of 10.8%, which is considered fair according to Yield Theory, positioned between its 5-year average of 11.14% and a high of 12.77%. The company holds an overall rating score of 5.0. Its price exhibits strong momentum with a score of 9.0, while its valuation is neutral at 5.0.

Dividend history

Dorchester Minerals, L.P. does not currently have a dividend increase streak (0 years). The 3-year dividend CAGR is -6.33%, while the 5-year CAGR stands at 15.56%. Annual dividends have fluctuated, with payments of $1.92 in 2014, $1.374 in 2020, and increasing to $3.446 in 2022. The company distributed $3.458 per share in 2023. The estimated dividend for 2024 is $3.556, followed by $2.832 for 2025, indicating variability in distributions.