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Dorchester Minerals LP (Dorchester Minerals LP) Dividends per Share : $3.40 (TTM As of Dec. 2023)


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What is Dorchester Minerals LP Dividends per Share?

Dorchester Minerals LP's dividends per share for the three months ended in Dec. 2023 was $0.85. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.40. Its Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.93. As of today, Dorchester Minerals LP's Dividend Yield % is 10.28%.

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.

Warning Sign:

Dorchester Minerals LP stock dividend yield is close to 1-year low.

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.

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.

For more information regarding to dividend, please check our Dividend Page.


Dorchester Minerals LP Dividends per Share Historical Data

The historical data trend for Dorchester Minerals LP's Dividends per Share can be seen below:

* 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.

* Premium members only.

Dorchester Minerals LP Dividends per Share Chart

Dorchester Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.39 1.53 3.50 3.40

Dorchester Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 0.88 0.99 0.68 0.85

Competitive Comparison of Dorchester Minerals LP's Dividends per Share

For the Oil & Gas E&P subindustry, Dorchester Minerals LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dorchester Minerals LP's Dividend Yield % falls into.



Dorchester Minerals LP Dividends per Share Calculation

Dividends paid to per common share.


Dorchester Minerals LP  (NAS:DMLP) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Dorchester Minerals LP's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.845/ 0.91
=0.93

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 0.7820002024-04-262024-04-292024-05-09Cash DividendquarterlyUSD:USD 1.000000
USD 1.0080002024-01-262024-01-292024-02-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.8450002023-10-272023-10-302023-11-09Cash DividendquarterlyUSD:USD 1.000000
USD 0.6770002023-07-282023-07-312023-08-10Cash DividendquarterlyUSD: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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.312/32.21
=10.28 %

Current Share Price is $32.21.
Dorchester Minerals LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.312.

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 8.26%.

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 Dividends per Share Related Terms

Thank you for viewing the detailed overview of Dorchester Minerals LP's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
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.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201

Dorchester Minerals LP (Dorchester Minerals LP) Headlines