2024-05-26 09:15:00 ET
Summary
- Dorchester Minerals, L.P. operates similarly to energy trusts, collecting royalties and paying out 100% of its net income to unitholders.
- DMLP owns properties in 28 states, with oil providing 77% of its revenue.
- DMLP has a high dividend growth 5-year average of over 24% and a forward yield of 9.88%.
Looking for an alternative high-yield Energy play?
Royalty Trusts lease out land that they own to energy producers, in return for receiving royalties on crude oil and natural gas. These trusts can be an attractive source of income for investors....
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Dorchester Minerals: 10% Yield On Energy Royalties, Plus Peers