Dorchester Minerals (DMLP) Declares $0.257977 Quarterly Dividend; 7% Yield
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Dorchester Minerals, L.P. Announces Its Second Quarter Distribution
July 21, 2016 12:45 PM EDTDALLAS, TX -- (Marketwired) -- 07/21/16 -- Dorchester Minerals, L.P. (NASDAQ: DMLP) announced today the Partnership's second quarter 2016 cash distribution. The distribution of $0.257977 per common unit represents activity for the three-month period ended June 30, 2016 and is payable on August 11, 2016 to common unitholders of record as of August 1, 2016.
Cash receipts attributable to the Partnership's Royalty Properties during the second quarter totaled approximately $5.8 million. These receipts generally reflect oil sales during March 2016 through May 2016 and gas sales during February 2016 through April 2016. Cash receipts attributable to the Partnership's Net Profits Interests during the second quarter totaled... More
