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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.