Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 10.81%.
YIELD ON COST (YOC)
10.81%
DMLP now pays $3.19 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-09-09) | $15.01 | 21.25% |
| 5 years ago(2021-09-07) | $17.27 | 18.47% |
| 3 years ago(2023-09-08) | $28.96 | 11.02% |
| 1 year ago(2025-09-12) | $25.34 | 12.59% |
| Buying today(at $29.04) | $29.04 | 10.81% |
Projection: starting from today's 10.81% yield, assuming the dividend keeps compounding at 16.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
10.81%
In 3 years
16.86%
In 5 years
22.68%
In 10 years
47.60%
Try your own purchase price, dividend and growth rate for Dorchester Minerals, L.P. (DMLP).
Starting Yield
10.98%
Ending YOC
87.31%
Year 15 Dividend
$25.35
Cum. Dividends Recd.
$171.72
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $3.19 | N/A | 10.98% | $0.00 |
| Year 1 | $3.66 | +14.82% | 12.61% | $3.66 |
| Year 2 | $4.21 | +14.82% | 14.48% | $7.87 |
| Year 3 | $4.83 | +14.82% | 16.63% | $12.70 |
| Year 4 | $5.54 | +14.82% | 19.09% | $18.24 |
| Year 5 | $6.37 | +14.82% | 21.92% | $24.61 |
| Year 6 | $7.31 | +14.82% | 25.17% | $31.92 |
| Year 7 | $8.39 | +14.82% | 28.90% | $40.31 |
| Year 8 | $9.64 | +14.82% | 33.18% | $49.95 |
| Year 9 | $11.06 | +14.82% | 38.10% | $61.01 |
| Year 10 | $12.70 | +14.82% | 43.75% | $73.72 |
| Year 11 | $14.59 | +14.82% | 50.23% | $88.30 |
| Year 12 | $16.75 | +14.82% | 57.68% | $105.05 |
| Year 13 | $19.23 | +14.82% | 66.23% | $124.29 |
| Year 14 | $22.08 | +14.82% | 76.04% | $146.37 |
| Year 15 | $25.35 | +14.82% | 87.31% | $171.72 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
