Maximizing Investor Returns: Dorchester Minerals Unleashes Growth Potential with Strong Performance
At the end of today, November 09, 2023, Dorchester Minerals (NASDAQ:DMLP) will distribute a dividend payout of $0.85 per share, translating to an annualized dividend yield of 11.72%. Shareholders who held the stock before the ex-dividend date on October 27, 2023 will benefit from this payout.
Dorchester Minerals Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-27 | 4 | $0.85 | 11.72% | 2023-10-19 | 2023-10-30 | 2023-11-09 |
| 2023-07-28 | 4 | $0.68 | 8.32% | 2023-07-20 | 2023-07-31 | 2023-08-10 |
| 2023-04-28 | 4 | $0.99 | 13.67% | 2023-04-20 | 2023-05-01 | 2023-05-11 |
| 2023-01-27 | 4 | $0.88 | 11.64% | 2023-01-19 | 2023-01-30 | 2023-02-09 |
| 2022-10-28 | 4 | $1.14 | 15.1% | 2022-10-20 | 2022-10-31 | 2022-11-10 |
| 2022-07-29 | 4 | $0.97 | 14.29% | 2022-07-21 | 2022-08-01 | 2022-08-11 |
| 2022-04-29 | 4 | $0.75 | 11.62% | 2022-04-21 | 2022-05-02 | 2022-05-12 |
| 2022-01-28 | 4 | $0.64 | 11.62% | 2022-01-20 | 2022-01-31 | 2022-02-10 |
| 2021-10-29 | 4 | $0.51 | 9.95% | 2021-10-21 | 2021-11-01 | 2021-11-10 |
| 2021-07-30 | 4 | $0.48 | 11.53% | 2021-07-23 | 2021-08-02 | 2021-08-12 |
| 2021-04-30 | 4 | $0.3 | 8.74% | 2021-04-22 | 2021-05-03 | 2021-05-13 |
| 2021-01-29 | 4 | $0.24 | 7.42% | 2021-01-21 | 2021-02-01 | 2021-02-11 |
In terms of dividend yield, Dorchester Minerals finds itself in the middle ground among its industry peers, while Berry Corp (NASDAQ:BRY) takes the lead with the highest annualized dividend yield at 13.59%.
Analyzing Dorchester Minerals Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $2.01 in 2019 to $3.50 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Dorchester Minerals
From 2019 to 2022, Dorchester Minerals experienced a growth in earnings per share, with an increase from $1.67 to $3.30. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
Recap
In this article, we explore the recent dividend payout of Dorchester Minerals and its significance for shareholders. The company has decided to distribute a dividend of $0.85 per share today, which equates to an annualized dividend yield of 11.72%.
In terms of dividend yield, Dorchester Minerals finds itself in the middle ground among its industry peers, while Berry Corp takes the lead with the highest annualized dividend yield at 13.59%.
With an increase in dividend per share and earnings per share from 2019 to 2022, Dorchester Minerals demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[See current stock movements Dorchester Minerals on Benzinga.](https://www.benzinga.com/quote/Dorchester Minerals (NASDAQ: DMLP))
This article was generated by Benzinga's automated content engine and reviewed by an editor.