Dorchester Minerals - DMLP Stock Forecast, Price & News

Dorchester Minerals' stock was trading at $19.79 on January 1st, 2022. Since then, DMLP shares have increased by 45.7% and is now trading at $28.83.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our DMLP earnings forecast.

Dorchester Minerals, L.P. (NASDAQ:DMLP) posted its quarterly earnings data 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 trailing twelve-month return on equity of 75.74% and a net margin of 77.66%.

Dorchester Minerals declared a quarterly dividend on Thursday, October 20th. Shareholders of record on Monday, October 31st will be paid a dividend of $1.135 per share on Thursday, November 10th. This represents a $4.54 dividend on an annualized basis and a dividend yield of 15.75%. The ex-dividend date is Friday, October 28th. This is a positive change from the stock's previous quarterly dividend of $0.97.
Read our dividend analysis for DMLP.

Dorchester Minerals (NASDAQ:DMLP) pays an annual dividend of $4.54 per share and currently has a dividend yield of 15.46%. DMLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 137.58%. 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 institutional and retail investors. Top institutional shareholders include Royce & Associates LP (1.60%), Meixler Investment Management Ltd. (1.25%), Kingsview Wealth Management LLC (1.12%), Delta Investment Management LLC (1.02%), First Trust Advisors LP (0.42%) and Bank of Montreal Can (0.21%). Insiders that own company stock include Bradley J Ehrman, Leslie A Moriyama, Martha Rochelle, Minerals Operating Dorchester, Robert C Vaughn and William Casey Mcmanemin.
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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.
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One share of DMLP stock can currently be purchased for approximately $28.83.

Dorchester Minerals (NASDAQ:DMLP) has a market capitalization of $1.11 billion and generates $93.42 million in revenue each year. The energy company earns $67.83 million in net income (profit) each year or $3.30 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.