DMLP (Dorchester Minerals LP) Dividend Payout Ratio: 1.28 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DMLP Dorchester Minerals LP DMLP
84 GF Score
Price $27.24
GF Value $25.29
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Dorchester Minerals LP Dividend Payout Ratio?

Dorchester Minerals LP DMLP +0.48% 84 Dividend Payout Ratio is 1.28 as of Mar. 2026, which is 3% above its 10-year median of 1.24. GuruFocus rates DMLP with a GF Score™ of 84/100 and a GF Value™ of $25.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 435 Oil & Gas companies, Dorchester Minerals LP ranks worse than 92.41% 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. Dorchester Minerals LP's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.28.

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 2.01, 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: 2.39
Current: 2.01


During the past 13 years, the highest Dividend Payout Ratio of Dorchester Minerals LP was 2.39. The lowest was 0.79. And the median was 1.24.

DMLP's Dividend Payout Ratio is ranked worse than
92.41% of 435 companies
in the Oil & Gas industry
Industry Median: 0.5 vs DMLP: 2.01

As of today (2026-07-17), the Dividend Yield % of Dorchester Minerals LP is 9.33%.

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 10.16%.

Dorchester Minerals LP's Dividends per Share for the months ended in Mar. 2026 was $0.76.

During the past 12 months, Dorchester Minerals LP's average Dividends Per Share Growth Rate was -13.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.00% 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.

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


Dorchester Minerals LP (NAS:DMLP) 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.


Dorchester Minerals LP Dividend Payout Ratio Related Terms


Dorchester Minerals LP Dividend Payout Ratio Historical Data

* Premium members only.

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.

Dorchester Minerals LP Dividend Payout Ratio Chart

Dorchester Minerals LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 1.04 1.19 1.64 2.39

Dorchester 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 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 2.05 2.90 2.70 2.16 1.28

DMLP vs KOS, TBN, KRP: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.


DMLP
84GF Score
Dorchester Minerals LP DMLP
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dorchester Minerals LP Dividend Payout Ratio Calculation

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.

Dorchester 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 )
=2.775/ 1.16
=2.39

Dorchester 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 )
=0.756/ 0.59
=1.28

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.28 mean?
Dorchester Minerals LP (DMLP) has a Dividend Payout Ratio of 1.28 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dorchester Minerals LP and its competitors. This is near median its historical median of 1.24. Over the past decade, Dorchester Minerals LP's Dividend Payout Ratio has ranged from 0.79 to 2.39. According to the industry distribution chart, Dorchester Minerals LP ranks #402 out of 435 companies in the Oil & Gas industry, placing it in the top 92.4%.
Is Dorchester Minerals LP's Dividend Payout Ratio too high?
Dorchester Minerals LP's current Dividend Payout Ratio of 1.28 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.39. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Dorchester Minerals LP's value of 1.28 is 156% above this industry median. Based on the distribution chart, Dorchester Minerals LP ranks #402 out of 435 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dorchester Minerals LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dorchester Minerals LP's Dividend Payout Ratio compare to KOS and TBN?
According to the Oil & Gas industry distribution chart, Dorchester Minerals LP ranks #402 out of 435 companies for Dividend Payout Ratio. This places Dorchester Minerals LP in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Dorchester Minerals LP's value of 1.28 is 156% above this benchmark. Historically, Dorchester Minerals LP's own Dividend Payout Ratio has ranged from 0.79 to 2.39 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 0.50, Dorchester 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 435 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. Dorchester Minerals LP's current Dividend Payout Ratio of 1.28 is 156% 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 Dorchester 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. Dorchester Minerals LP's current Dividend Payout Ratio is 1.28, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dorchester Minerals LP stock overvalued right now?
Based on GuruFocus' analysis, Dorchester Minerals LP (DMLP) is currently considered Fairly Valued. The stock's GF Value™ is $25.29, compared to a current price of $27.24 — trading 7.7% above its estimated fair value. The current Dividend Payout Ratio is 1.28, which is near median its 10-year median of 1.24 and 156% above the Oil & Gas industry median of 0.50. Dorchester Minerals LP's overall GF Score™ is 84/100 with 9 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 Dorchester Minerals LP (DMLP), the current Dividend Payout Ratio is 1.28 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 Dorchester Minerals LP (DMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Dorchester Minerals LP stock appears to be overvalued. The current stock price of $27.24 is trading 7.7% above its estimated GF Value™ of $25.29. GuruFocus considers Dorchester Minerals LP to be Fairly Valued.

Key valuation signals for DMLP:

  • Dividend Payout Ratio: 1.28 (near median its 10-year median of 1.24)
  • GF Value™: $25.29 vs. price of $27.24 (7.7% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 156% above the Oil & Gas median (#402 of 435)

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


Dorchester Minerals LP Business Description

Industry EnergyOil & Gas
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 bonuses, and others.
84GF Score

Get the complete analysis for DMLP

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

$27.24
Price
$25.29
GF Value