DMLP Q2 Payout $1.27/Unit, Royalty Receipts Hit $50.4M

Dorchester Minerals (NASDAQ:DMLP) will distribute $1.272943 per common unit for the second quarter, the partnership said July 23. The payout covers the three months through June and goes Aug. 13 to holders of record Aug. 3.

Royalty-property cash receipts totaled about $50.4 million in the quarter, Dorchester said. Two-thirds of that came from oil sales in March through May and natural gas sales in February through April. The rest came from prior sales periods.

Net-profits-interests receipts added roughly $16.6 million. About 79% of that figure came from earlier sales periods, including proceeds from a settlement and mutual release covering certain leasehold in Midland County, Texas. The remaining 21% reflected oil and gas sales in February through April.

Lease bonus and other income contributed about $2.5 million.

The partnership also made its 2025 Schedule K-3 available online for unitholders needing international tax information. Foreign unitholders, those computing a foreign tax credit, and certain corporate or partnership holders may require the form for their filings, Dorchester said. Unitholders can call 877-222-3204 for an electronic copy.

Dorchester Minerals is a Dallas-based owner of producing and non-producing oil and gas mineral, royalty, overriding royalty, net profits, and leasehold interests across 28 states. Its units trade on the Nasdaq Global Select Market.

The press release also serves as qualified notice to nominees under Treasury Regulation Section 1.1446-4(b)(4) and (d). Brokers and nominees must treat 100% of distributions to non-U.S. investors as attributable to effectively connected income, subject to withholding at the highest marginal rate.

Forward-looking statements in the release carry standard caveats around oil and gas price changes, operational risks, and regulatory shifts. Those factors are detailed in the partnership's SEC filings.