Dorchester Minerals (DMLP) Stock Forecast, Price & News

Dorchester Minerals' stock was trading at $29.93 on January 1st, 2023. Since then, DMLP stock has decreased by 4.3% and is now trading at $28.63.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our DMLP earnings forecast.

Dorchester Minerals, L.P. (NASDAQ:DMLP) announced its earnings results on Thursday, August, 6th. The energy company reported $0.03 earnings per share for the quarter. The energy company had revenue of $6.80 million for the quarter. Dorchester Minerals had a net margin of 75.07% and a trailing twelve-month return on equity of 73.63%.

Dorchester Minerals announced a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 1st will be paid a dividend of $0.99 per share on Thursday, May 11th. This represents a $3.96 annualized dividend and a dividend yield of 13.83%. The ex-dividend date of this dividend is Friday, April 28th. This is a boost from the stock's previous quarterly dividend of $0.88.
Read our dividend analysis for DMLP.

ETFs with the largest weight of Dorchester Minerals (NASDAQ:DMLP) stock in their portfolio include Global SuperDividend US ETF (DIV), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Virtus Real Asset Income ETF (VRAI), RH Hedged Multi-Asset Income ETF (AMAX), Arrow Dow Jones Global Yield ETF (GYLD) and Horizon Kinetics Inflation Beneficiaries ETF (INFL).Barrons 400 ETF (BFOR) and

Dorchester Minerals (NASDAQ:DMLP) pays an annual dividend of $3.96 per share and currently has a dividend yield of 13.83%. DMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 121.47%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for DMLP.

1 employees have rated Dorchester Minerals Chief Executive Officer William Casey McManemin on Glassdoor.com. William Casey McManemin has an approval rating of 100% among the company's employees. This puts William Casey McManemin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 56.0% of employees surveyed would recommend working at Dorchester Minerals to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dorchester Minerals investors own include AT&T (T), Energy Transfer (ET), Enterprise Products Partners (EPD), NVIDIA (NVDA), Bank of Hawaii (BOH), Chevron (CVX), InterDigital (IDCC), Phillips 66 (PSX), Verizon Communications (VZ) and Marathon Petroleum (MPC).

Dorchester Minerals trades on the NASDAQ under the ticker symbol "DMLP."

Dorchester Minerals' stock is owned by a variety of retail and institutional investors. Top institutional investors include Meixler Investment Management Ltd. (1.20%), Mirae Asset Global Investments Co. Ltd. (1.19%), Delta Investment Management LLC (0.85%), First Trust Advisors LP (0.47%), Bank of America Corp DE (0.41%) and Edge Capital Group LLC (0.26%). Insiders that own company stock include Bradley J Ehrman, Leslie A Moriyama and Minerals Operating Dorchester.
View institutional ownership trends.

Shares of DMLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DMLP stock can currently be purchased for approximately $28.63.

Dorchester Minerals (NASDAQ:DMLP) has a market capitalization of $1.10 billion and generates $170.80 million in revenue each year. The energy company earns $126.12 million in net income (profit) each year or $3.26 on an earnings per share basis.

The company employs 2,020 workers across the globe.

Dorchester Minerals' mailing address is 3838 OAK LAWN AVENUE SUITE 300, DALLAS TX, 75219. The official website for the company is www.dmlp.net. The energy company can be reached via phone at (214) 559-0300 or via fax at 302-655-5049.