Dorchester Minerals - DMLP Stock Forecast, Price & News

Dorchester Minerals' stock was trading at $19.79 at the beginning of the year. Since then, DMLP stock has increased by 45.9% and is now trading at $28.87.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our DMLP earnings forecast.

Dorchester Minerals, L.P. (NASDAQ:DMLP) issued its quarterly earnings results on Thursday, August, 6th. The energy company reported $0.03 earnings per share (EPS) 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 75.34% and a net margin of 77.26%.

Dorchester Minerals declared a quarterly dividend on Saturday, July 23rd. Investors of record on Monday, August 1st will be paid a dividend of $0.969 per share on Thursday, August 11th. This represents a $3.88 annualized dividend and a yield of 13.43%. The ex-dividend date is Friday, July 29th. This is a boost from the stock's previous quarterly dividend of $0.54.
Read our dividend analysis for DMLP.

Dorchester Minerals (NASDAQ:DMLP) pays an annual dividend of $3.88 per share and currently has a dividend yield of 13.50%. 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 133.33%. 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.

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 many different institutional and retail investors. Top institutional investors include Horizon Kinetics Asset Management LLC (2.74%), Adams Asset Advisors LLC (1.80%), Royce & Associates LP (1.61%), Delta Investment Management LLC (1.02%), Renaissance Technologies LLC (0.40%) and Northern Trust Corp (0.27%). Insiders that own company stock include Bradley J Ehrman, H C Allen Jr, 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 $28.87.

Dorchester Minerals (NASDAQ:DMLP) has a market capitalization of $1.08 billion and generates $93.42 million in revenue each year. The energy company earns $67.83 million in net income (profit) each year or $2.91 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.