SmarterDividends
DMLP

Dorchester Minerals, L.P.

DMLP

Energy · Stock · quarterly payer

Forward Yield

9.01%

Annual Dividend

$2.54

Payout Ratio

201%

5-Yr Growth

15.6%

Ex-Date

May 4, 2026

Frequency

Quarterly

DMLP Dividend Safety Score

48/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage201% of earnings paid out
Free-cash-flow coverage131% of free cash flow
Balance-sheet strengthDebt/equity of 0.24
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DMLP a good dividend stock?

Mixed

Dorchester Minerals, L.P. (DMLP) pays a quarterly dividend yielding 9.01% ($2.54/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 15.6% 5-yr dividend growth
  • 63% total price return over 5 years

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (201%)
  • Very high yield can signal elevated risk
  • Below-average dividend safety score

Key Data

Dividend Yield
9.01%
Payout Ratio
201%
Annual Dividend
$2.54
5-Yr Avg Growth
15.6%
Ex-Dividend Date
May 4, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.51
Market Cap
$1.4B
P/E Ratio
20.2
5-Yr Total Return
63%
52-Week Range
$20.85 – $28.95
Dividend Safety
D · 48/100
Ever Cut?
Yes (2025)
DMLP ex-dividend date & scheduleNext ex-date May 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.54 / yr per share

Per payment (quarterly)$63.50
Annual$254.00
Monthly avg$21.17