Dorchester Minerals: Forward Yield Is Estimated At 10%
Dorchester Minerals(US:DMLP) Seeking Alphaยท2024-03-05 23:18Funtay Dorchester Minerals, L.P. (NASDAQ:DMLP) reported a Q4 2023 distribution that was just over $1 per unit. This was lower than I expected back in November, and appears to be due to various factors including lower sales volumes (compared to Q3 2023) and weaker commodity prices. Despite the dip in sales volumes compared to Q3 2023, Dorchester is still showing strong year-over-year sales volume growth. Dorchester's Q4 2023 sales volumes were 16% higher than its Q4 2022 sales volumes. Most of this growt ...