Black Stone Minerals, L.P.

NYSE:BSM Stock Report

Market Cap: US$3.1b

Black Stone Minerals Dividends and Buybacks

Dividend criteria checks 2/6

Black Stone Minerals is a dividend paying company with a current yield of 10.26%.

Key information

10.3%

Dividend yield

0.1%

Buyback Yield

Total Shareholder Yield10.4%
Future Dividend Yield10.3%
Dividend Growth5.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$1.500
Payout ratio98%

Recent dividend and buyback updates

Recent updates

Black Stone Minerals: Distribution Coverage Should Improve From Q3 2024 Levels

Dec 12

Black Stone Minerals: Preferred Unit Redemption May Increase Distributable Cash Flow

Oct 08

Black Stone Minerals: Well Covered 10.5% Yield And Debt Free Balance Sheet Make This A Buy

Aug 11

Black Stone Minerals: Overexposed To Natural Gas

Jul 30

Black Stone Minerals: Reduced Production Guidance Due To Low Natural Gas Prices

May 10

Black Stone Minerals: A Distribution Cut Is Coming

Mar 12

Black Stone Minerals Remains A Great Energy Play

Feb 06

Black Stone Minerals: Production Jumps By 18% In Q3 2023

Dec 01

Black Stone Minerals: Production Increases And Better Nat Gas Prices Brighten Its Prospects

Nov 02

Black Stone Minerals: Preferred Unit Distribution May Be Adjusted Above 10%

Sep 28

The Dividend Investor's Natural Gas Export Playbook - Part 1

Sep 22

Black Stone Minerals: Distribution Cut Looks Likely In 2024

Aug 18

Black Stone Minerals: The 11% Yield Appears Sustainable In Current Environment

Aug 02

Black Stone Minerals: Can This 11.8%-Yielding Oil And Gas Play Sustain Its Cash Distribution?

Jul 18

The Dividend Investor's Oil Playbook - Part 4

Jun 21

Black Stone Minerals: Slightly Over $2 Per Unit In Projected 2023 DCF

Jun 07

Black Stone Minerals Q4 2022 Earnings Preview

Feb 20

Black Stone Minerals: Hedges And Shelby Trough To Power Upside

Feb 08

Black Stone Minerals, raises quarterly dividend by 5.6% to $0.475/share

Feb 01

Black Stone Minerals CFO Jeff Wood to leave company

Jan 19

Black Stone Minerals: 2023 Hedges Partially Reduce The Impact Of Lower Gas Prices

Jan 08

Black Stone Minerals: Distributions Poised To Increase In 2023

Dec 15

Black Stone Minerals, GAAP EPS of $0.75 beats by $0.34, revenue of $216.43M beats by $73.42M

Oct 31

Black Stone Minerals raises dividend by 7% to $0.45

Oct 19

My Top 2 Rated Stocks With Yields Over 9%

Oct 13

Black Stone Minerals: Distributions Should Increase Further In 2023

Sep 29

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: BSM has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BSM's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Black Stone Minerals Dividend Yield vs Market
How does BSM dividend yield compare to the market?
SegmentDividend Yield
Company (BSM)10.3%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Oil and Gas)4.0%
Analyst forecast (BSM) (up to 3 years)10.3%

Notable Dividend: BSM's dividend (10.26%) is higher than the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: BSM's dividend (10.26%) is in the top 25% of dividend payers in the US market (4.55%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (97.8%), BSM's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (90.2%), BSM's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 06:15
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Black Stone Minerals, L.P. is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark LearCredit Suisse
Chad MabryFBR Capital Markets & Co.
Timothy RezvanKeyBanc Capital Markets Inc.