Dividends
Dividend payments are $2.54 per share, with a current dividend yield of 9.91%.
DMLP Dividend Summary
9.91%
$2.54
176.46%
73.62%
Consecutive Years
0
Most Recent Ex-Date
May 4, 2026
Most Recent Payment
May 14, 2026
DMLP Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
DMLP Dividends CAGR Chart
Dorchester Minerals, L.P. (DMLP)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.23 | — |
| 2025 | $2.78 | -20.42% |
| 2024 | $3.49 | +2.70% |
| 2023 | $3.40 | -2.90% |
| 2022 | $3.50 | +128.01% |
| 2021 | $1.53 | +10.26% |
| 2020 | $1.39 | -30.90% |
| 2019 | $2.01 | +15.86% |
| 2018 | $1.74 | +50.32% |
| 2017 | $1.16 | +34.91% |
| 2016 | $0.86 | -25.76% |
| 2015 | $1.15 | -39.37% |
| 2014 | $1.90 | +9.88% |
| 2013 | $1.73 | -3.22% |
| 2012 | $1.79 | +8.26% |
| 2011 | $1.65 | -0.04% |
| 2010 | $1.65 | +10.15% |
| 2009 | $1.50 | -46.46% |
| 2008 | $2.80 | +42.08% |
| 2007 | $1.97 | -30.24% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q2 2026 | $0.48 | -34.55% |
| Q1 2026 | $0.76 | +2.20% |
| Q4 2025 | $0.69 | -30.72% |
| Q3 2025 | $0.62 | -11.66% |
| Q2 2025 | $0.73 | -7.16% |
| Q1 2025 | $0.74 | -26.64% |
| Q4 2024 | $1.00 | +17.83% |
| Q3 2024 | $0.70 | +3.73% |
| Q2 2024 | $0.78 | -21.00% |
| Q1 2024 | $1.01 | +13.97% |
| Q4 2023 | $0.85 | -25.54% |
| Q3 2023 | $0.68 | -30.15% |
| Q2 2023 | $0.99 | +31.27% |
| Q1 2023 | $0.88 | +38.33% |
| Q4 2022 | $1.14 | +123.60% |
| Q3 2022 | $0.97 | +101.65% |
| Q2 2022 | $0.75 | +148.46% |
| Q1 2022 | $0.64 | +163.89% |
| Q4 2021 | $0.51 | +55.90% |
| Q3 2021 | $0.48 | +112.32% |
| Q2 2021 | $0.30 | -36.50% |
| Q1 2021 | $0.24 | -32.94% |
| Q4 2020 | $0.33 | -34.76% |
| Q3 2020 | $0.23 | -56.06% |
Dividend Yield Metrics
- Current Yield
- 9.91%
- Average Yield (TTM)
- 7.41%
- Average Yield (3Y)
- 12.56%
- Forward Yield on Cost (3Y)
- 13.41%
- Forward Yield on Cost (5Y)
- 19.92%
- Forward Yield on Cost (10Y)
- 53.52%
Payout Ratio Analysis
- Payout Ratio (Current)
- 176.46%
- FCF Payout Ratio
- 73.62%
- Payout Ratio (3Y Avg)
- 171.39%
- Payout Ratio (5Y Avg)
- 139.53%
- FCF Payout (3Y Avg)
- 101.31%
- FCF Payout (5Y Avg)
- 93.98%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About Dorchester Minerals, L.P.
Dorchester Minerals, L.P. is engaged in the acquisition, ownership, and management of both producing and non-producing royalty, net profit, and leasehold interests related to natural gas and crude oil across the United States. Its extensive royalty holdings encompass mineral, royalty, and overriding royalty interests, spanning 582 counties and parishes in 26 states. The firm's net profits interests represent overriding royalty interests derived from the net earnings of properties held by the operating partnership. Dorchester Minerals Management LP serves as the general partner for Dorchester Minerals, L.P. This Dallas, Texas-based company was established in 1982.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Bradley J. Ehrman