Black Stone Minerals, L.P.

Black Stone Minerals, L.P.

BSMยทNYSE

$13.92

+1.9%
EnergyOil & Gas Exploration & Production

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$2.96B
EPS1.2800
P/E Ratio10.87
Earnings Date08/03/2026
1.98%
Dividend Yield
-21%
3Y-38.0%
5Y-14.0%
10Y+31.0%
480.04%
Dividend Payout Ratio
389%
3Y+516.0%
5Y+87.0%
10Y-323.0%
3Y-100.0%
5Y-100.0%
10Y-100.0%
Black Stone Minerals, L.P.

Black Stone Minerals, L.P. Dividend History

BSM ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

BSM Dividend Payment History

BSM ยท NYSE

Total Payments

44

Latest Dividend

$0.3000

Annual Amount

$1.5750

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 22, 2026
May 8, 2026May 15, 2026
$0.3000
$0.3000
Quarterly0.00%
Feb 4, 2026
Feb 18, 2026Feb 25, 2026
$0.3000
$0.3000
Quarterly0.00%
Oct 15, 2025
Nov 6, 2025Nov 13, 2025
$0.3000
$0.3000
Quarterly0.00%
Jul 16, 2025
Aug 7, 2025Aug 14, 2025
$0.3000
$0.3000
Quarterly-20.00%
Apr 16, 2025
May 8, 2025May 15, 2025
$0.3750
$0.3750
Quarterly0.00%
Feb 5, 2025
Feb 18, 2025Feb 25, 2025
$0.3750
$0.3750
Quarterly0.00%
Oct 16, 2024
Nov 8, 2024Nov 15, 2024
$0.3750
$0.3750
Quarterly0.00%
Jul 24, 2024
Aug 9, 2024Aug 16, 2024
$0.3750
$0.3750
Quarterly0.00%
Apr 17, 2024
May 10, 2024May 17, 2024
$0.3750
$0.3750
Quarterly-21.05%
Jan 31, 2024
Feb 16, 2024Feb 23, 2024
$0.4750
$0.4750
Quarterly0.00%
Oct 18, 2023
Nov 9, 2023Nov 16, 2023
$0.4750
$0.4750
Quarterly0.00%
Jul 25, 2023
Aug 11, 2023Aug 18, 2023
$0.4750
$0.4750
Quarterly0.00%
Apr 19, 2023
May 12, 2023May 19, 2023
$0.4750
$0.4750
Quarterly0.00%
Feb 1, 2023
Feb 16, 2023Feb 23, 2023
$0.4750
$0.4750
Quarterly+5.56%
Oct 19, 2022
Nov 10, 2022Nov 17, 2022
$0.4500
$0.4500
Quarterly+7.14%
Jul 25, 2022
Aug 12, 2022Aug 19, 2022
$0.4200
$0.4200
Quarterly+5.00%
Apr 25, 2022
May 13, 2022May 20, 2022
$0.4000
$0.4000
Quarterly+48.15%
Feb 2, 2022
Feb 16, 2022Feb 23, 2022
$0.2700
$0.2700
Quarterly+8.00%
Oct 27, 2021
Nov 12, 2021Nov 19, 2021
$0.2500
$0.2500
Quarterly0.00%
Jul 26, 2021
Aug 13, 2021Aug 20, 2021
$0.2500
$0.2500
Quarterly+42.86%
Apr 21, 2021
May 14, 2021May 21, 2021
$0.1750
$0.1750
Quarterly0.00%
Feb 3, 2021
Feb 16, 2021Feb 23, 2021
$0.1750
$0.1750
Quarterly+16.67%
Oct 21, 2020
Nov 13, 2020Nov 20, 2020
$0.1500
$0.1500
Quarterly0.00%
Jul 27, 2020
Aug 14, 2020Aug 21, 2020
$0.1500
$0.1500
Quarterly+87.50%
Apr 22, 2020
May 14, 2020May 21, 2020
$0.0800
$0.0800
Quarterly-73.33%
Feb 5, 2020
Feb 17, 2020Feb 24, 2020
$0.3000
$0.3000
Quarterly-18.92%
Oct 23, 2019
Nov 14, 2019Nov 21, 2019
$0.3700
$0.3700
Quarterly0.00%
Jul 25, 2019
Aug 15, 2019Aug 22, 2019
$0.3700
$0.3700
Quarterly0.00%
Apr 25, 2019
May 16, 2019May 23, 2019
$0.3700
$0.3700
Quarterly0.00%
Feb 7, 2019
Feb 19, 2019Feb 26, 2019
$0.3700
$0.3700
Quarterly0.00%
Oct 29, 2018
Nov 14, 2018Nov 21, 2018
$0.3700
$0.3700
Quarterly+9.47%
Aug 6, 2018
Aug 16, 2018Aug 23, 2018
$0.3380
$0.3380
Quarterly+8.33%
May 7, 2018
May 17, 2018May 24, 2018
$0.3120
$0.3120
Quarterly0.00%
Feb 9, 2018
Feb 20, 2018Feb 27, 2018
$0.3120
$0.3120
Quarterly0.00%
Nov 6, 2017
Nov 17, 2017Nov 24, 2017
$0.3120
$0.3120
Quarterly0.00%
Aug 8, 2017
Aug 17, 2017Aug 24, 2017
$0.3120
$0.3120
Quarterly+8.33%
May 9, 2017
May 18, 2017May 25, 2017
$0.2880
$0.2880
Quarterly0.00%
Feb 10, 2017
Feb 20, 2017Feb 27, 2017
$0.2880
$0.2880
Quarterly0.00%
Nov 8, 2016
Nov 17, 2016Nov 25, 2016
$0.2880
$0.2880
Quarterly0.00%
Aug 9, 2016
Aug 18, 2016Aug 25, 2016
$0.2880
$0.2880
Quarterly+9.92%
May 10, 2016
May 19, 2016May 26, 2016
$0.2620
$0.2620
Quarterly0.00%
Feb 10, 2016
Feb 19, 2016Feb 26, 2016
$0.2620
$0.2620
Quarterly0.00%
Nov 10, 2015
Nov 19, 2015Nov 27, 2015
$0.2620
$0.2620
Quarterly+61.73%
Aug 13, 2015
Aug 20, 2015Aug 27, 2015
$0.1620
$0.1620
Quarterly-
bsm

Black Stone Minerals, L.P. Payout Ratio Analysis

BSM ยท NYSE
Dividends Paid
-315.12M
2025
Net Income
299.93M
2025
Payout Ratio
105.06%
2025

Dividend Sustainability Analysis

Payout Ratio
105.06%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
105.6%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
+13.7%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.