BSM Black Stone Minerals, L.P. — dividend yield, history & ex-dividend dates
Black Stone Minerals, L.P. and its subsidiaries are primarily engaged in the ownership and active management of oil and natural gas mineral interests. The company possesses an extensive portfolio, encompassing approximately 16.8 million gross acres of mineral interests, 1.8 million gross acres of nonparticipating royalty interests, and 1.7 million gross acres of overriding royalty interests, distributed across 41 states within the United States. As of December 31, 2021, Black Stone Minerals reported estimated total proved oil and natural gas reserves equivalent to 59,824 barrels. This entity, founded in 1876, is headquartered in Houston, Texas.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for BSM
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 79% (TTM to Jun 30, 2026) | 71 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 0.6x (TTM to Jun 30, 2026) | 100 | 25% |
| Interest coverage | Interest coverage, EBITDA basis 26.8x (TTM to Jun 30, 2026) | 100 | 10% |
| Dividend record | 10 years of uninterrupted regular payments; last cut Aug 7, 2025 (-20.0%), within 3 years: capped at 25 | 25 | 20% |
| Operating cash flow stability | Operating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for BSM
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 14.7% (2020–2025) | 100 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the operating cash flow payout ratio 79% (TTM to Jun 30, 2026) | 60 | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR -8.2% (FY2022–FY2025) | 5 | 15% |
| Revenue growth (3 years) | Revenue CAGR -18.6% (FY2022–FY2025) | 10 | 10% |
| 10-year dividend growth | N/A (not used) | N/A | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.
How the Dividend Value Score is built for BSM
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 41st percentile of its 120 month-end yields | 41 | 40% |
| P/OCF vs own 5-year median | P/OCF 9.9 is 1.19x its 5-year median of 8.4 | 27 | 25% |
| Operating cash flow yield | Operating cash flow yield 10.1% (TTM to Jun 30, 2026) | 81 | 20% |
| P/OCF vs peers | P/OCF 9.9 vs peer median 8.4 (1.19x; 11 mlp / Energy securities) | 31 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: master limited partnership. Formula version 2026-10-19.4.
Key Metrics
Current Yield
9.42%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$1.4000
Declared Oct 21, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
53
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$12.95 – $15.44
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
100.16%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
11
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
2.86
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
BSM's dividend yield rose from 8.56% to 9.42% over the past ~90 days (+0.86 pp). Of that move, +0.81 pp came from changes in the dividend rate and +0.05 pp from the share price ($14.95 on Jul 31, 2026 → $14.86 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 273 daily observations over the past 13 months (through Oct 23, 2026), BSM's current yield is higher than approximately 97% of them. Our stored price history for BSM covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.3500 Q | Regular upcoming, declared | Oct 21, 2026 | Nov 06, 2026 | Nov 06, 2026 | Nov 13, 2026 |
| $0.3200 Q | Regular | Jul 22, 2026 | Aug 06, 2026 | Aug 06, 2026 | Aug 13, 2026 |
| $0.3000 Q | Regular | Apr 22, 2026 | May 08, 2026 | May 08, 2026 | May 15, 2026 |
| $0.3000 Q | Regular | Feb 04, 2026 | Feb 18, 2026 | Feb 18, 2026 | Feb 25, 2026 |
| $0.3000 Q | Regular | Oct 15, 2025 | Nov 06, 2025 | Nov 06, 2025 | Nov 13, 2025 |
| $0.3000 Q | Regular | Jul 16, 2025 | Aug 07, 2025 | Aug 07, 2025 | Aug 14, 2025 |
| $0.3750 Q | Regular | Apr 16, 2025 | May 08, 2025 | May 08, 2025 | May 15, 2025 |
| $0.3750 Q | Regular | Feb 05, 2025 | Feb 18, 2025 | Feb 18, 2025 | Feb 25, 2025 |
| $0.3750 Q | Regular | Oct 16, 2024 | Nov 08, 2024 | Nov 08, 2024 | Nov 15, 2024 |
| $0.3750 Q | Regular | Jul 24, 2024 | Aug 09, 2024 | Aug 09, 2024 | Aug 16, 2024 |
| $0.3750 Q | Regular | Apr 17, 2024 | May 09, 2024 | May 10, 2024 | May 17, 2024 |
| $0.4750 Q | Regular | Jan 31, 2024 | Feb 15, 2024 | Feb 16, 2024 | Feb 23, 2024 |
| $0.4750 Q | Regular | Oct 18, 2023 | Nov 08, 2023 | Nov 09, 2023 | Nov 16, 2023 |
| $0.4750 Q | Regular | Jul 25, 2023 | Aug 10, 2023 | Aug 11, 2023 | Aug 18, 2023 |
| $0.4750 Q | Regular | Apr 19, 2023 | May 11, 2023 | May 12, 2023 | May 19, 2023 |
| $0.4750 Q | Regular | Feb 01, 2023 | Feb 15, 2023 | Feb 16, 2023 | Feb 23, 2023 |
| $0.4500 Q | Regular | Oct 19, 2022 | Nov 09, 2022 | Nov 10, 2022 | Nov 17, 2022 |
| $0.4200 Q | Regular | Jul 25, 2022 | Aug 11, 2022 | Aug 12, 2022 | Aug 19, 2022 |
| $0.4000 Q | Regular | Apr 25, 2022 | May 12, 2022 | May 13, 2022 | May 20, 2022 |
| $0.2700 Q | Regular | Feb 02, 2022 | Feb 15, 2022 | Feb 16, 2022 | Feb 23, 2022 |
| $0.2500 S | Regular | Oct 27, 2021 | Nov 10, 2021 | Nov 12, 2021 | Nov 19, 2021 |
| $0.2500 S | Regular | Jul 26, 2021 | Aug 12, 2021 | Aug 13, 2021 | Aug 20, 2021 |
| $0.1750 Q | Regular | Apr 21, 2021 | May 13, 2021 | May 14, 2021 | May 21, 2021 |
| $0.1750 Q | Regular | Feb 03, 2021 | Feb 12, 2021 | Feb 16, 2021 | Feb 23, 2021 |
| $0.1500 Q | Regular | Oct 21, 2020 | Nov 12, 2020 | Nov 13, 2020 | Nov 20, 2020 |
| $0.1500 Q | Regular | Jul 27, 2020 | Aug 13, 2020 | Aug 14, 2020 | Aug 21, 2020 |
| $0.0800 Q | Regular | Apr 22, 2020 | May 13, 2020 | May 14, 2020 | May 21, 2020 |
| $0.3000 Q | Regular | Feb 05, 2020 | Feb 13, 2020 | Feb 17, 2020 | Feb 24, 2020 |
| $0.3700 Q | Regular | Oct 23, 2019 | Nov 13, 2019 | Nov 14, 2019 | Nov 21, 2019 |
| $0.3700 Q | Regular | Jul 25, 2019 | Aug 14, 2019 | Aug 15, 2019 | Aug 22, 2019 |
| $0.3700 Q | Regular | Apr 25, 2019 | May 15, 2019 | May 16, 2019 | May 23, 2019 |
| $0.3700 Q | Regular | Feb 07, 2019 | Feb 15, 2019 | Feb 19, 2019 | Feb 26, 2019 |
| $0.3700 Q | Regular | Oct 29, 2018 | Nov 13, 2018 | Nov 14, 2018 | Nov 21, 2018 |
| $0.3375 Q | Regular | Aug 06, 2018 | Aug 15, 2018 | Aug 16, 2018 | Aug 23, 2018 |
| $0.3125 Q | Regular | May 07, 2018 | May 16, 2018 | May 17, 2018 | May 24, 2018 |
| $0.3125 Q | Regular | Feb 09, 2018 | Feb 16, 2018 | Feb 20, 2018 | Feb 27, 2018 |
| $0.3125 Q | Regular | Nov 06, 2017 | Nov 16, 2017 | Nov 17, 2017 | Nov 24, 2017 |
| $0.3125 Q | Regular | Aug 08, 2017 | Aug 15, 2017 | Aug 17, 2017 | Aug 24, 2017 |
| $0.2875 Q | Regular | May 09, 2017 | May 16, 2017 | May 18, 2017 | May 25, 2017 |
| $0.2875 Q | Regular | Feb 10, 2017 | Feb 15, 2017 | Feb 20, 2017 | Feb 27, 2017 |
| $0.2875 Q | Regular | Nov 08, 2016 | Nov 15, 2016 | Nov 17, 2016 | Nov 25, 2016 |
| $0.2875 Q | Regular | Aug 09, 2016 | Aug 16, 2016 | Aug 18, 2016 | Aug 25, 2016 |
| $0.2625 Q | Regular | May 10, 2016 | May 17, 2016 | May 19, 2016 | May 26, 2016 |
| $0.2625 Q | Regular | Feb 10, 2016 | Feb 17, 2016 | Feb 19, 2016 | Feb 26, 2016 |
| $0.2625 Q | Regular | Nov 10, 2015 | Nov 17, 2015 | Nov 19, 2015 | Nov 27, 2015 |
| $0.1615 Q | Regular | Aug 13, 2015 | Aug 18, 2015 | Aug 20, 2015 | Aug 27, 2015 |
Peer Comparison
Selected Oil & Gas Exploration & Production dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| EOG | EOG Resources, Inc. | 2.54% | 22.8% | 8 yrs | 80 |
| CNQ | Canadian Natural Resources Limited | 3.29% | 21.8% | 9 yrs | 78 |
| TPL | Texas Pacific Land Corporation | 0.72% | N/A | 4 yrs | 76 |
| OXY | Occidental Petroleum Corporation | 1.78% | 3.2% | 4 yrs | 74 |
Related Guides & Lists
BSM dividend — frequently asked questions
Does Black Stone Minerals, L.P. pay a dividend?
Yes. Black Stone Minerals, L.P. (BSM) currently pays a dividend. The annualized dividend is about $1.40 per share, a yield of approximately 9.42%.
What is Black Stone Minerals, L.P.'s dividend yield?
Black Stone Minerals, L.P.'s dividend yield is approximately 9.42%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Black Stone Minerals, L.P. pay dividends?
Black Stone Minerals, L.P. pays dividends quarterly — 4 times per year.
When is Black Stone Minerals, L.P.'s next ex-dividend date?
The next declared ex-dividend date for Black Stone Minerals, L.P. is November 6, 2026. The associated payment is $0.3500 per share; you must own the shares before the ex-dividend date to receive it.
How long has Black Stone Minerals, L.P. paid dividends?
Black Stone Minerals, L.P. has 11 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.