BSM (Black Stone Minerals LP) Dividend Payout Ratio: 1.42 (As of Mar. 2026) — 13% Above Median

What is Black Stone Minerals LP Dividend Payout Ratio?

Black Stone Minerals LP BSM +1.08% 78 Dividend Payout Ratio is 1.42 as of Mar. 2026, which is 13% above its 10-year median of 1.26. GuruFocus rates BSM with a GF Score™ of 78/100 and a GF Value™ of $13.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 433 Oil & Gas companies, Black Stone Minerals LP ranks worse than 84.99% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Black Stone Minerals LP's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.42.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Black Stone Minerals LP is 1.18, which seems too high.

The historical rank and industry rank for Black Stone Minerals LP's Dividend Payout Ratio or its related term are showing as below:

BSM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.26 Max: 2.89
Current: 1.18

During the past 13 years, the highest Dividend Payout Ratio of Black Stone Minerals LP was 2.89. The lowest was 0.61. And the median was 1.26.

BSM's Dividend Payout Ratio is ranked worse than
84.99% of 433 companies
in the Oil & Gas industry
Industry Median: 0.5 vs BSM: 1.18

As of today (2026-06-27), the Dividend Yield % of Black Stone Minerals LP is 8.51%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Black Stone Minerals LP was 34.18%. The lowest was 5.21%. And the median was 8.85%.

Black Stone Minerals LP's Dividends per Share for the months ended in Mar. 2026 was $0.30.

During the past 12 months, Black Stone Minerals LP's average Dividends Per Share Growth Rate was -15.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Black Stone Minerals LP was 40.80% per year. The lowest was -17.20% per year. And the median was 5.85% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Black Stone Minerals LP (NYSE:BSM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Black Stone Minerals LP Dividend Payout Ratio Related Terms

Black Stone Minerals LP Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Black Stone Minerals LP's Dividend Payout Ratio 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.

Black Stone Minerals LP Dividend Payout Ratio Chart

Black Stone Minerals LP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.63

0.61

1.22

1.37

1.23

Black Stone Minerals LP Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.51	1.08	1.01	1.35	1.42

BSM vs BKV, GPOR, TALO: Dividend Payout Ratio Comparison

For the Oil & Gas E&P subindustry, Black Stone Minerals LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Black Stone Minerals LP Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Black Stone Minerals LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Black Stone Minerals LP's Dividend Payout Ratio falls into.

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78GF Score

Black Stone Minerals LP BSM

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Black Stone Minerals LP Dividend Payout Ratio Calculation

Black Stone Minerals LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	1.35	/	1.102
	=	1.23

Black Stone Minerals LP's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.3	/	0.212
	=	1.42

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.42 mean?

Black Stone Minerals LP (BSM) has a Dividend Payout Ratio of 1.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Black Stone Minerals LP and its competitors. This is 13% above median its historical median of 1.26. Over the past decade, Black Stone Minerals LP's Dividend Payout Ratio has ranged from 0.61 to 2.89. According to the industry distribution chart, Black Stone Minerals LP ranks #368 out of 433 companies in the Oil & Gas industry, placing it in the top 85%.

Is Black Stone Minerals LP's Dividend Payout Ratio too high?

Black Stone Minerals LP's current Dividend Payout Ratio of 1.42 is 13% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.89. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Black Stone Minerals LP's value of 1.42 is 184% above this industry median. Based on the distribution chart, Black Stone Minerals LP ranks #368 out of 433 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Black Stone Minerals LP has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Black Stone Minerals LP's Dividend Payout Ratio compare to BKV and GPOR?

According to the Oil & Gas industry distribution chart, Black Stone Minerals LP ranks #368 out of 433 companies for Dividend Payout Ratio. This places Black Stone Minerals LP in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Black Stone Minerals LP's value of 1.42 is 184% above this benchmark. Historically, Black Stone Minerals LP's own Dividend Payout Ratio has ranged from 0.61 to 2.89 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.50, Black Stone Minerals LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Stone Minerals LP's current Dividend Payout Ratio of 1.42 is 184% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Black Stone Minerals LP and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Stone Minerals LP's current Dividend Payout Ratio is 1.42, which is 13% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Black Stone Minerals LP stock overvalued right now?

Based on GuruFocus' analysis, Black Stone Minerals LP (BSM) is currently considered Fairly Valued. The stock's GF Value™ is $13.87, compared to a current price of $14.10 — trading 1.7% above its estimated fair value. The current Dividend Payout Ratio is 1.42, which is 13% above median its 10-year median of 1.26 and 184% above the Oil & Gas industry median of 0.50. Black Stone Minerals LP's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Black Stone Minerals LP (BSM), the current Dividend Payout Ratio is 1.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Black Stone Minerals LP (BSM) Overvalued in 2026?

Based on GuruFocus' analysis, Black Stone Minerals LP stock appears to be overvalued. The current stock price of $14.10 is trading 1.7% above its estimated GF Value™ of $13.87. GuruFocus considers Black Stone Minerals LP to be Fairly Valued.

Key valuation signals for BSM:

Dividend Payout Ratio: 1.42 (13% above median its 10-year median of 1.26)
GF Value™: $13.87 vs. price of $14.10 (1.7% above fair value)
GF Score™: 78/100 with 6 warning signs
Industry Position: 184% above the Oil & Gas median (#368 of 433)

No single metric tells the full story. See the BSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Black Stone Minerals LP Business Description

Industry Energy Oil & Gas

Comparable Companies BKV GPOR TALO NOG MNR CRGY CRK KOS KRP DMLP HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 1001 Fannin Street, Suite 2020, Houston, TX, USA, 77002

Website https://www.blackstoneminerals.com

Black Stone Minerals LP is an oil and natural gas mineral company. It owns oil and natural gas mineral interests, which makes up the majority of its asset base. Its business is actively managing an existing portfolio of mineral and royalty assets to maximize its value and expanding asset base through acquisitions of additional mineral and royalty interests. The company owns mineral interests in approximately 16.9 million gross acres.

78GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.10

Price

$13.87

GF Value

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