BSM dividend calculator – Black Stone Minerals LP Announces 0.475 Cash Dividend

🌥️Dividends Yield

Black Stone Minerals ($NYSE:BSM) LP has announced a 0.475 cash dividend on June 8 2023, making it an attractive option for investors looking to invest in dividend stocks. Over the past three years, the company has consistently issued a dividend per share of 1.74 USD, 1.54 USD, and 0.8 USD respectively, yielding 11.1%, 10.47%, and 7.53% each year. This provides potential investors with an average dividend yield of 9.7%.

The next ex-dividend date is May 11 2023, so investors have the opportunity to purchase the stock prior to this date and receive the dividend payment. With such attractive yields, Black Stone Minerals LP is a great option for those looking for a steady stream of income from their investments.

Market Price

Following the news, BSM stock opened at $16.4 and closed at $16.2, a decrease of 0.6% from its previous closing price of $16.3. The company primarily focuses on providing royalty and mineral interests in hydrocarbon basins, as well as other minerals including calcium, sulfur, potassium, and ammonia. Live Quote…

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…

Analysis

At GoodWhale, we have conducted an analysis of BLACK STONE MINERALS’ wellbeing. Our Risk Rating system has determined that BLACK STONE MINERALS is a low risk investment, both in terms of its financial and business aspects. However, we have also detected one risk warning in its balance sheet, which can be viewed by registering on goodwhale.com. Our analysis provides investors with an insight into the company’s risk profile, helping them make an informed decision when considering investing in BLACK STONE MINERALS. 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 is a dividend stock worth considering for investors. It has been paying out dividends consistently over the past three years, ranging from 0.8 to 1.74 USD per share and yielding an average of 9.7%. The company’s most recent dividend yield was 7.53%, making it an attractive option for investors looking for a steady income. It is important to evaluate Black Stone Minerals’ current financial situation to make sure that the dividends are sustainable over time.