DMLP Dorchester Minerals dividend history, payout ratio & dates
Dorchester Minerals's last dividend was on Jul 29, 2024 (ex-date) with a distribution of $0.702 per share. On an annualized basis, the company has a current payout of $3.34 per share. This brings the dividend yield to 10.13% based on its recent close price. The latest dividend marks a decrease of $0.08, or 10% from the previous dividend.
Key dates
- DMLP last dividend date: Jul 29, 2024
DMLP dividend stats
vs. Energy sector
Dividend yield
Dorchester Minerals's dividend yield of 10.13% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 4.48%, Dorchester Minerals's dividend yield is 126% higher. Historically DMLP's dividend yield has averaged at 11.2% in the last 5 years, which is more than the current yield.
Dividend history
Dorchester Minerals has been paying dividends since 2003. DMLP has issued four quarterly dividends in the last twelve months. The annualized DPS marks a decrease of 9% since one year ago. And with the stock price up by 14% from a year ago, the dividend yield marks a decrease of 21%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 29, 2024 | $0.702 | 11.08% |
| Apr 26, 2024 | $0.782 | 10.02% |
| Jan 26, 2024 | $1.008 | 10.9% |
| Oct 27, 2023 | $0.845 | 11.93% |
| Jul 28, 2023 | $0.677 | 11.97% |
| Apr 28, 2023 | $0.99 | 13.29% |
| Jan 27, 2023 | $0.884 | 12.48% |
| Oct 28, 2022 | $1.135 | 12.64% |
| Jul 29, 2022 | $0.969 | 9.96% |
| Apr 29, 2022 | $0.754 | 9.12% |
| Jan 28, 2022 | $0.639 | 8.46% |
| Oct 29, 2021 | $0.508 | 8.01% |
| Jul 30, 2021 | $0.481 | 8.16% |
| Apr 30, 2021 | $0.303 | 7.54% |
| Jan 29, 2021 | $0.242 | 10.56% |
| Oct 30, 2020 | $0.326 | 13.83% |
| Jul 31, 2020 | $0.226 | 14.35% |
| May 1, 2020 | $0.478 | 16.74% |
| Jan 31, 2020 | $0.361 | 11.4% |
| Oct 25, 2019 | $0.499 | 11.25% |
| Jul 26, 2019 | $0.515 | 10.16% |
| Apr 26, 2019 | $0.482 | 9.95% |
| Jan 25, 2019 | $0.517 | 11.11% |
| Oct 26, 2018 | $0.395 | 9.64% |
| Jul 27, 2018 | $0.537 | 8.82% |
| Apr 27, 2018 | $0.418 | 7.94% |
| Jan 26, 2018 | $0.387 | 8.11% |
| Oct 27, 2017 | $0.285 | 7.93% |
| Jul 27, 2017 | $0.323 | 7.51% |
| Apr 27, 2017 | $0.307 | 6.21% |
| Jan 26, 2017 | $0.242 | 5% |
| Oct 27, 2016 | $0.252 | 5.62% |
| Jul 28, 2016 | $0.258 | 5.46% |
| Apr 28, 2016 | $0.147 | 5% |
| Jan 28, 2016 | $0.199 | 8.58% |
| Oct 22, 2015 | $0.194 | 8.03% |
| Jul 23, 2015 | $0.167 | 8.16% |
| Apr 23, 2015 | $0.307 | 7.42% |
| Jan 22, 2015 | $0.486 | 7.29% |
Dorchester Minerals dividend payout ratio
Payout ratio
Dorchester Minerals's payout ratio of 125.9% is above the Energy sector and the industry average. In comparison with its Energy sector average of 49.3%, Dorchester Minerals's payout ratio is 155% higher.
Total amount of dividends paid per financial year (from cash flow)
DMLP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DMLP Dorchester Minerals Lp | 10.05% | $3.34 | 125.9% |
| PBT Permian Basin Royalty Trust | 6.64% | $0.78 | 114.4% |
| PHX Phx Minerals Inc | 3.56% | $0.13 | 86.7% |
Frequently asked questions
Does Dorchester Minerals pay a dividend?
Yes, Dorchester Minerals has been paying dividends for the last 21 years.
When was DMLP's last dividend?
Dorchester Minerals's last regular dividend was on Jul 29, 2024 (ex-date) with the amount of $0.702 per share.
How much dividend does Dorchester Minerals pay (per share)?
DMLP's annualized dividend per share is $3.34.
What is Dorchester Minerals's dividend yield?
Dorchester Minerals's current dividend yield is 10.13%.
How often does Dorchester Minerals pay dividends?
Dorchester Minerals pays dividends quarterly.
What is Dorchester Minerals's dividend payout ratio?
Dorchester Minerals's dividend payout ratio is 125.9%.
Does Dorchester Minerals pay a good dividend?
Dorchester Minerals's dividend yield is more than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.