Dorchester Minerals Operating LP, an entity under common control with Dorchester Minerals, L.P. (NASDAQ:DMLP), a $1.55 billion market cap company with a "GREAT" financial health rating according to InvestingPro, recently acquired a substantial number of common units. The transactions, recorded on December 11 and 12, 2024, involved the purchase of 22,228 common units at prices ranging from $32.8363 to $33.05 per unit. The total value of these acquisitions amounted to approximately $725,300. Notably, DMLP maintains a significant 12.15% dividend yield and has consistently paid dividends for 22 consecutive years.
Following these transactions, Dorchester Minerals Operating LP now holds a total of 22,228 common units. The purchases were executed under a previously adopted 10b5-1 trading plan, which was put in place on November 5, 2024. InvestingPro subscribers can access 8 additional key insights about DMLP's financial performance and market position.
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