BSM dividend – Black Stone Minerals Increases Quarterly Dividend By 5.6%, Yielding 11.86%

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BSM dividend – Black Stone Minerals ($NYSE:BSM), LP has recently announced a quarterly dividend of $0.475 per share, which is a 5.6% increase from the previous dividend of $0.450. This dividend has a forward yield of 11.86%, and is payable on February 23rd to shareholders of record on February 16th, with an ex-dividend date of February 15th. For more information on this dividend and its performance, please visit the BSM Dividend Scorecard, Yield Chart, and Dividend Growth. Black Stone Minerals is one of America’s largest oil and natural gas mineral and royalty interests owners.

The company operates with a focus on providing long-term value to its shareholders through an active acquisition program, prudent capital management, and a commitment to excellence in operations. Black Stone’s diversified portfolio of assets has enabled it to generate consistent returns for its shareholders, as well as provide an attractive dividend yield. Black Stone’s current dividend yield of 11.86% is significantly higher than the average yield of major energy companies, making it an attractive option for investors looking for a reliable income stream. The company’s commitment to increasing its quarterly dividend and managing its capital prudently is also a testament to its long-term strategy of providing value to its shareholders.

Dividends – BSM dividend

Black Stone Minerals, a Texas-based company, has recently announced a 5.6% increase in its quarterly dividend, yielding 11.86%. The dividend yields from 2020 to 2022 have been 10.03%, 7.53%, and 9.7%, respectively, resulting in an average dividend yield of 9.09%. As such, Black Stone Minerals makes for an attractive option for investors looking to add dividend stocks to their portfolios. The company’s stock has been performing well, with the share price increasing by around 16% since mid-April. This could be attributed to strong oil prices, which have been buoyed by the recent surge in demand due to the reopening of economies around the world. Black Stone Minerals has also been investing heavily in its properties and taking advantage of new opportunities to expand its operations.

This could be seen as a sign that the company is confident in the long-term prospects of its business and is looking to capitalize on the current market conditions. In addition to this, Black Stone Minerals is focusing on improving its financial position by reducing debt, increasing cash flows and improving its balance sheet. All of these initiatives should help the company remain competitive in the long run and generate higher returns for shareholders. Overall, Black Stone Minerals is an attractive option for investors looking for a reliable dividend stock with a promising outlook. The company’s recent moves suggest that it is well-positioned to benefit from the current market conditions and deliver value to its shareholders in the future.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for BSM. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for BSM. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for BSM. More…

Key Ratios Snapshot

Some of the financial key ratios for BSM are shown below. More…

Price History

On Wednesday, BLACK STONE MINERALS announced an increase in its quarterly dividend by 5.6%, yielding 11.86%. This marks the fourth consecutive year that the company has increased its dividend, a sign of the sustained growth and success of the company. The announcement was met with a mixed response from the market, with the stock opening at $16.2 and closing at $16.0, down by 1.6% from the previous closing price of 16.3. The increase in dividend helps to further strengthen the company’s financial position and provides a steady stream of income to shareholders. This is especially beneficial for those who have held onto their shares for a long period of time, as they will now benefit from increased returns on their investments.

Black Stone Minerals’ management team has also been praised for its prudent decision-making and conservative approach to managing the company’s funds. This is one of the major factors behind the company’s success and is a key reason why it has been able to consistently increase its dividend payments to shareholders. Overall, the increase in BLACK STONE MINERALS’ quarterly dividend indicates the company’s commitment to rewarding its investors and continuing to grow in the future. With a strong balance sheet and a proven track record of success, Black Stone Minerals is well-positioned to continue to deliver value to its shareholders for many years to come. Live Quote…

Analysis

GoodWhale has analyzed the financials of BLACK STONE MINERALS and identified it as a low-risk investment. This is based on the Risk Rating which takes into account a variety of factors such as financial health, operational efficiency, and business stability. GoodWhale’s analysis also uncovered two risk warnings in the balance sheet and cashflow statement. These warnings should be carefully evaluated before making any decisions. For more information, users can register with GoodWhale to get an in-depth look into the risk warnings. Overall, BLACK STONE MINERALS appears to be a financial safe bet. It is recommended that users still perform their own research to get a comprehensive view of the potential risks and benefits associated with the company’s investment options. GoodWhale’s analysis is a great starting point for evaluating potential investments and can help investors make informed decisions. With its Risk Rating system and in-depth analysis, GoodWhale provides a reliable source of financial information. Investors can use this information to make smart decisions about their investments. More…

Peers

In the world of oil and gas exploration and production, there are many companies that compete for the same resources. Black Stone Minerals LP is one of these companies, and its main competitors are Falcon Minerals Corp, ProAm Explorations Corp, Dorchester Minerals LP. All of these companies are in the business of acquiring, developing, and operating oil and gas properties.

– Falcon Minerals Corp ($TSXV:PMX)

Ampro is a Canadian company that explores for and develops mineral properties. It has a portfolio of projects in Quebec and Newfoundland & Labrador, Canada. The company’s market capitalization is $413.66 thousand and it has a negative return on equity of 2.84%.

– ProAm Explorations Corp ($NASDAQ:DMLP)

Dorchester Minerals is a publicly traded oil and gas royalty, mineral, and leasehold interest company. The company was founded in 1971 and is headquartered in Dallas, Texas. Dorchester Minerals LP has a market cap of 1.13B as of 2022, a Return on Equity of 39.37%. The company owns interests in producing and non-producing oil, natural gas, and minerals properties in the United States and Canada. Dorchester Minerals’ properties are located in Texas, Louisiana, Oklahoma, New Mexico, Wyoming, Colorado, North Dakota, Montana, Utah, California, Kansas, and Alberta.

Summary

Black Stone Minerals has recently announced a 5.6% increase in its quarterly dividend, resulting in a yield of 11.86%. This is a positive indication for investors, as it suggests that the company is financially stable and has the capacity to pay out dividends on a regular basis. The increased dividend also indicates that Black Stone Minerals’ investments are performing well, and that the company is likely to continue to generate returns in the future. This is good news for current investors, as they can expect to receive a steady income from their investments in Black Stone Minerals in the coming quarters.