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Dorchester Minerals Stock Receives Rating Upgrade Amid Dividend Changes

1 report, 1 independent Updated Sat 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Weiss Ratings upgraded Dorchester Minerals from a “hold (c)” rating to a “hold (c+)” rating in a research note on October 23rd. Separately, Dorchester Minerals announced a quarterly dividend of $0.8823 per share, payable on November 12th, which represents a 30.7% decrease from the prior quarterly dividend of $1.2729.

From themarketsdaily.com

Why it matters

Some supportBrind's analysis of the reports

The rating upgrade and the dividend announcement provide new financial metrics for the energy company. The company recently reported $0.62 earnings per share and $56.08 million in revenue for the quarter ending August 6th.

From themarketsdaily.com

Who's involved

  • MarketBeatReported the stock rating upgrade and dividend details for Dorchester Minerals.

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