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Dorchester Minerals sees $438,525 in recent stock purchases

Published 05/02/2025, 00:24
Dorchester Minerals sees $438,525 in recent stock purchases
DMLP
-2.55%

DALLAS—Dorchester Minerals Operating LP, an entity under common control with Dorchester Minerals, L.P. (NASDAQ:DMLP), a $1.46 billion market cap company known for its 9.54% dividend yield and 23-year history of consistent dividend payments, recently acquired a substantial number of common units in two separate transactions, according to a recent SEC filing. InvestingPro analysis suggests the stock is currently trading near its Fair Value, with 8 additional key insights available to subscribers.

The transactions, which took place on January 31 and February 4, involved the purchase of 7,500 and 6,500 common units, respectively. The purchase prices ranged from $30.90 to $31.69 per unit, culminating in a total transaction value of $438,525.

Following these acquisitions, Dorchester Minerals Operating LP holds 47,682 common units. These transactions were executed under a 10b5-1 plan adopted on November 5, 2024, as noted in the filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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