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Dorchester Minerals Operating LP has reported a recent acquisition of common units in Dorchester Minerals, L.P. (NASDAQ:DMLP), a $1.47 billion market cap company known for its impressive 9.42% dividend yield, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, which took place on February 6, 2025, involved the purchase of 335 shares at a price of $31.06 each, amounting to a total value of $10,405.
Following this transaction, Dorchester Minerals Operating LP holds a total of 48,017 shares in the company. The purchase was conducted under a 10b5-1 trading plan, which was adopted on November 5, 2024, as noted in the filing. According to InvestingPro, the company maintains a "GREAT" financial health score and has maintained dividend payments for 23 consecutive years. The entity is classified as being under common control with the issuer, Dorchester Minerals, L.P., which is headquartered in Dallas, Texas.
This acquisition reflects ongoing investment activity by Dorchester Minerals Operating LP, as it continues to manage its holdings in the energy sector. InvestingPro analysis reveals 8 additional key insights about DMLP’s financial performance and market position, available to subscribers.
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