Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 9.35%.
YIELD ON COST (YOC)
9.35%
DMLP now pays $2.54 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(2016-08-12) | $15.55 | 16.33% |
| 5 years ago(2021-08-10) | $16.19 | 15.69% |
| 3 years ago(2023-08-11) | $29.95 | 8.48% |
| 1 year ago(2025-08-15) | $24.72 | 10.28% |
| Buying today(at $27.31) | $27.31 | 9.35% |
Projection: starting from today's 9.35% yield, assuming the dividend keeps compounding at its historical 14.8% rate. Boards set dividends each year, so actual figures will differ.
Today
9.35%
In 3 years
16.91%
In 5 years
25.12%
In 10 years
67.48%
Try your own purchase price, dividend and growth rate for Dorchester Minerals, L.P. (DMLP).
Starting Yield
9.30%
Ending YOC
73.92%
Year 15 Dividend
$20.19
Cum. Dividends Recd.
$136.73
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.54 | N/A | 9.30% | $0.00 |
| Year 1 | $2.92 | +14.82% | 10.68% | $2.92 |
| Year 2 | $3.35 | +14.82% | 12.26% | $6.27 |
| Year 3 | $3.84 | +14.82% | 14.08% | $10.11 |
| Year 4 | $4.41 | +14.82% | 16.17% | $14.52 |
| Year 5 | $5.07 | +14.82% | 18.56% | $19.59 |
| Year 6 | $5.82 | +14.82% | 21.31% | $25.41 |
| Year 7 | $6.68 | +14.82% | 24.47% | $32.10 |
| Year 8 | $7.67 | +14.82% | 28.10% | $39.77 |
| Year 9 | $8.81 | +14.82% | 32.26% | $48.58 |
| Year 10 | $10.12 | +14.82% | 37.04% | $58.70 |
| Year 11 | $11.62 | +14.82% | 42.53% | $70.31 |
| Year 12 | $13.34 | +14.82% | 48.83% | $83.65 |
| Year 13 | $15.31 | +14.82% | 56.07% | $98.96 |
| Year 14 | $17.58 | +14.82% | 64.38% | $116.54 |
| Year 15 | $20.19 | +14.82% | 73.92% | $136.73 |
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
