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Dorchester Minerals, L.P. (DMLP)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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26.85+0.67 (+2.56%)
At close: 04:00PM EDT
26.80 -0.05 (-0.19%)
After hours: 04:26PM EDT
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  • R
    Robert
    This is starting to get a little ridiculous. They are only a month away from declaring the distribution and I notice short position is up 100% and believe we will see some buying in next 30 days. Now a couple things I know nothing about. I am all for short selling but it should only be on an uptick and after they have borrowed the specific shares. We know from Gamestop, Koss andAMC that hedge funds can sell naked short. I go back to the days of no discount brokers and increments of 1/8. The last time I bought DMLP it went to 10,000sof a cent in price. Two super computers must have been battling over the trade. We need to charge these large volume traders with the money going to catch cheats.
  • B
    Buckrig
    Well, today's the day. Should make a good run
  • R
    Robert
    I think the company should look into paying the distribution monthly. It might lower the volume and volatility at x distribution day. I have tried to make more than the distribution by selling and buying.
  • B
    Buckrig
    Wow! What a lucky day for us.
  • r
    richard
    Check long term charts on brent oil....this stock has fell in line with oil prices for 30 years or more and distributions follow suit. As long as oil holds, the distributions will be great. The MLP also benefits from low cost management fees and management and shareholder interest's align. The next few distributions will be great. Long term, anytime this stock gets into the 12 to 15 dollar range, just buy in and sit back and wait. The distribution rate will be much lower but still historically support a 7 % distribution return at that price and then when oil/gas prices go up again, your return will be 12 to 20 % on your original investment with part of that distribution being treated favorably tax-wise. Long term holders of this position are surprised that the stock is not trading above 30. I have been invested in this position for over 30 years. Current upcoming distribution should exceed .90 cents. This is not a post to puff up the stock. My shares will go to my kids when I exit this planet. My one regret with this position was not enrolling in Dividend re-investment plan.
  • C
    Citizen
    Distributions have been announced this afternoon. $0.754 per unit 75% of which is representing receipts reflecting oil sales from December through February and gas sale from November through January and 25% of receipt from earlier periods. I think it is important to point out the price action in Feb-to date in Gas and March-to date in oil relative to the previous period to get a read out on next quarters distribution which will be larger :). Some simple math involved. Will post it here when I have some time to stick it in a spreadsheet. This should trade well above 30$ in my humble opinion ......
  • B
    Buckrig
    Another winning day with reinvested dividends
  • C
    Citizen
    $LPI conversation
    Loading up on divi paying names today .... $KRP $DMLP $DVN
  • G
    Golden Man
    What is the normal recovery in days after dividend distribution?
  • C
    Charles
    The payments are distributions, not dividends. People need to be aware payouts are variable based on royalty payments and price of oil and gas. the next 2 quarters ( 6 months ) are shaping up to be higher than the last qtr. of 2021. But as was pointed out by others, there has been a increase in shares used to buy new assets so profits with be spread more. Also, the areas purchased would appear to be more weighted to NG than oil. So knowing NG pricing declines over the summer with less demand expect the 3rd qtr. payout to be less compared to the first 2 qtrs.
  • R
    Robert
    I do not know what distribution will be announced tomorrow but I am quite sure earnings in two weeks will be good
  • s
    stalyon
    For general reference and possible interest, it is my understanding that DMLP distributions are currently structured so no UBTI is generated and reported on K-1 forms. This is a good thing for anyone who holds units, or is thinking about holding units, in a tax-deferred account. However, with "Sustained Depletion" and "Other Deductions" included and reported on the K-1, the Capital Account is regularly reduced. Accordingly, when units are liquidated, these deductions are RECAPTURED and it is my understand that 100% of this recapture is UBTI and will be taxed as such. The recapture and the related tax could be a most substantial amount, if units had been held for a while. I've read that the tax-deferred status of your accounts could be jeopardized by a failure to pay UBTI on this recapture, so please be aware.

    I reserve the right to be wrong about this, so a FULL DISCUSSION with a qualified tax advisor who is knowledgeable in MLP is advised and warranted.

    Good Luck with DMLP to all who are holding units in tax-deferred accounts. Hopefully, I am wrong and this recapture is NOT an issue, but my research indicates that DMLP generates substantial recapture upon liquidation of units and the amount is 100% UBTI.
  • a
    acadia
    Mcdep raises distribution target to $1.83. May payment $0.46!
  • C
    Charlie
    Can anyone here recommend other high dividend stocks like DMLP? Thanks!
  • s
    stalyon
    I just found out about DMLP and am wondering whether it is suitable for tax-deferred accounts, like IRAs, and whether UBTI is an issue. Thanks, in advance.
  • j
    jimmy jack dollar
    If oil were to remain at $75 per barrel--does anyone have a reasonable good guess what the annual divi would be--?
  • C
    Coozbee
    Dorchester just purchased oil producing acreage in the Williston basin, which is a big oil & gas producer for the USA. Dorchester has come out of its den, and the stock will increase in price & dividends. just remember what was posted here, 6 months from now. It is a very good buy, right now. The seller of the acreage wasn't revealed, but I'm thinking it was a major oil company.
  • a
    acadia
    $.56 distribution for the August payment!
  • F
    FuckCancer
    Another nice distribution. Just have to love the cash this company throws off. Have owned this investment for just over 13 years and will continue to hold it.
  • B
    Beermoney
    This is going to take off. Great dividend and strong company