tiprankstipranks
Dorchester Minerals Announces Board Appointment and Cash Distribution
Company Announcements

Dorchester Minerals Announces Board Appointment and Cash Distribution

Don't Miss our Black Friday Offers:

Dorchester Minerals ( (DMLP) ) has shared an announcement.

Dorchester Minerals, L.P. has announced the appointment of F. Damon Box to its board and declared a third-quarter cash distribution of $0.995785 per common unit, reflecting robust revenue from its oil and natural gas operations. The cash receipts from royalty properties amounted to approximately $40.2 million and $6.0 million from net profits interest, showcasing the company’s solid financial performance. The distribution, payable on November 7, 2024, highlights the company’s commitment to rewarding its investors while maintaining a strong presence in the energy sector.

Learn more about DMLP stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskDorchester Minerals Reports Strong Third Quarter Earnings
TipRanks Auto-Generated NewsdeskDorchester Minerals Reports Strong Q3 2024 Earnings Growth
TheFlyDorchester Minerals reports Q3 EPS 87c vs. 73 last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App