Dorchester Minerals LP stock hits 52-week high at 29.28 USD

Dorchester Minerals LP (DMLP) stock has reached a new 52-week high of $29.28, marking a significant year-to-date increase of 43.5% and 30.4% over the past year. The company boasts a market capitalization of $1.44 billion, a P/E ratio of 16.67, and an attractive dividend yield of 17.4%, having consistently paid dividends for 24 years. This strong performance is further bolstered by a recent strategic acquisition of mineral and royalty interests in North Dakota’s Williston Basin.