The historical rank and industry rank for Dorchester Minerals LP's 3-Year Dividend Growth Rate or its related term are showing as below:
DMLP'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -20.7 Med: 4.95 Max: 37.6
Current: 34.7
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dorchester Minerals LP was 37.60% per year. The lowest was -20.70% per year. And the median was 4.95% per year.
DMLP's 3-Year Dividend Growth Rate is ranked better than 71.19% of 302
companies
in the Oil & Gas industry
Industry Median: 14.5
vs DMLP: 34.70
During the past 12 months, Dorchester Minerals LP's average Dividends Per Share Growth Rate was -2.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 34.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dorchester Minerals LP is 1.19, which seems too high.
Warning Sign:
Dorchester Minerals LP stock dividend yield is close to 1-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Dorchester Minerals LP's 3-Year Dividend Growth Rate
For the Oil & Gas E&P subindustry, Dorchester Minerals LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dorchester Minerals LP's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Dorchester Minerals LP was 2.75. The lowest was 0.79. And the median was 1.24.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dorchester Minerals LP is 1.19, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Dorchester Minerals LP Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.782
2024-04-26
2024-04-29
2024-05-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.008
2024-01-26
2024-01-29
2024-02-08
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.845
2023-10-27
2023-10-30
2023-11-09
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.677
2023-07-28
2023-07-31
2023-08-10
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.990
2023-04-28
2023-05-01
2023-05-11
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Dorchester Minerals LP's Dividend Yield (%) for Today is calculated as
Current Share Price is $33.05.
Dorchester Minerals LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.302.
During the past 13 years, the highest Dividend Yield of Dorchester Minerals LP was 22.15%. The lowest was 4.36%. And the median was 8.25%.
Warning Sign:
Dorchester Minerals LP stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dorchester Minerals LP 3-Year Dividend Growth Rate Related Terms>
Dorchester Minerals LP (Dorchester Minerals LP) Business Description
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
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