Dorchester Minerals LP (Dorchester Minerals LP) Dividend Payout Ratio : 0.93 (As of Dec. 2023)

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What is Dorchester Minerals LP Dividend Payout Ratio?

Dorchester Minerals LP's dividend payout ratio for the months ended in Dec. 2023 was 0.93.

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.

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

DMLP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.24 Max: 2.75
Current: 1.19

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.

DMLP's Dividend Payout Ratio is ranked worse than
87.86% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs DMLP: 1.19

As of today (2024-04-30), the Dividend Yield % of Dorchester Minerals LP is 9.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dorchester Minerals LP was 22.15%. The lowest was 4.36%. And the median was 8.25%.

Dorchester Minerals LP's Dividends per Share for the months ended in Dec. 2023 was $0.85.

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.

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.

The growth rate is calculated with least square regression.

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

Dorchester Minerals LP Dividend Payout Ratio Historical Data

The historical data trend for Dorchester 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.

* Premium members only.

Dorchester Minerals LP Dividend Payout Ratio Chart

Dorchester Minerals LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.34

2.28

0.79

1.04

1.19

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
Dividend Payout Ratio	Get a 7-Day Free Trial															1.60	1.25	1.98	0.93	0.93

Competitive Comparison of Dorchester Minerals LP's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Dorchester 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.

Dorchester Minerals LP's Dividend Payout Ratio Distribution in the Oil & Gas Industry

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

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

Dorchester Minerals LP Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	3.396	/	2.85
	=	1.19

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

Dorchester Minerals LP (NAS:DMLP) Dividend Payout Ratio Explanation

In dividends investing, 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.

Dorchester Minerals LP Dividend Payout Ratio Related Terms

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

Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorchester Minerals LP (NAS:DMLP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219

Website

https://www.dmlp.net

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