BSM Dividend History & Analysis | 10% Yield

BSM has a dividend yield of 10% and paid 1.35 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 10.01%
Payout Ratio 139.2%
Growth Rate CAGR 5y 13.98%
Consistency Lifetime 92.0%
Yield on Cost 5y 22.77%
Payout FCF 135.0%
Streak Years 11
Dividend Rating 80.78%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 10.3%
Total Return 5y: 150.9%

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DMLP 1,149 M 13.3% 35.7%
KRP 1,449 M 11.8% 30.1%
MNR 1,957 M 14.2% 14.4%
EPM 138 M 10.4% 20.3%
SBR 1,040 M 7.29% 23.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SM 4,534 M 166% 92.5%
MTDR 5,632 M 80.1% 100%
WTI 323 M 100% 46.6%
NOG 2,440 M 70.1% 100%
DEC 1,126 M 64.1% 90.0%

Quality Dividend Peers in Oil & Gas Exploration & Production

APA
APA
 4.98% Yield
COP
ConocoPhillips
 3.45% Yield
MGY
Magnolia Oil & Gas
 2.61% Yield
WDS
Woodside Energy
 6.75% Yield
MAU
Etablissements Maurel
 6.61% Yield

BSM Dividend History: Last 42 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-11-06 2025-11-06 2025-11-13 Quarterly 0.3 0% 2.3%
2025-08-07 2025-08-07 2025-08-14 Quarterly 0.3 -20% 2.4%
2025-05-08 2025-05-08 2025-05-15 Quarterly 0.375 0% 2.78%
2025-02-18 2025-02-18 2025-02-25 Quarterly 0.375 0% 2.52%
2024-11-08 2024-11-08 2024-11-15 Quarterly 0.375 0% 2.49%
2024-08-09 2024-08-09 2024-08-16 Quarterly 0.375 0% 2.62%
2024-05-09 2024-05-10 2024-05-17 Quarterly 0.375 -21.1% 2.32%
2024-02-15 2024-02-16 2024-02-23 Quarterly 0.475 0% 3.09%
2023-11-08 2023-11-09 2023-11-16 Quarterly 0.475 0% 2.73%
2023-08-10 2023-08-11 2023-08-18 Quarterly 0.475 0% 2.67%
2023-05-11 2023-05-12 2023-05-19 Quarterly 0.475 0% 3.11%
2023-02-15 2023-02-16 2023-02-23 Quarterly 0.475 5.6% 2.95%
2022-11-09 2022-11-10 2022-11-17 Quarterly 0.45 7.1% 2.36%
2022-08-11 2022-08-12 2022-08-19 Quarterly 0.42 5% 2.87%
2022-05-12 2022-05-13 2022-05-20 Quarterly 0.4 48.1% 2.76%
2022-02-15 2022-02-16 2022-02-23 Quarterly 0.27 8% 2.36%
2021-11-10 2021-11-12 2021-11-19 Quarterly 0.25 25% 2.12%
2021-08-12 2021-08-13 2021-08-20 Quarterly 0.2 14.3% 1.9%
2021-05-13 2021-05-14 2021-05-21 Quarterly 0.175 0% 1.75%
2021-02-12 2021-02-16 2021-02-23 Other 0.175 16.7% 1.86%
2020-11-12 2020-11-13 2020-11-20 Quarterly 0.15 0% N/A
2020-08-13 2020-08-14 2020-08-21 Quarterly 0.15 87.5% N/A
2020-05-13 2020-05-14 2020-05-21 Quarterly 0.08 -73.3% N/A
2020-02-13 2020-02-17 2020-02-24 Quarterly 0.3 -18.9% N/A
2019-11-13 2019-11-14 2019-11-21 Quarterly 0.37 0% N/A
2019-08-14 2019-08-15 2019-08-22 Quarterly 0.37 0% N/A
2019-05-15 2019-05-16 2019-05-23 Quarterly 0.37 0% N/A
2019-02-15 2019-02-19 2019-02-26 Quarterly 0.37 0% N/A
2018-11-13 2018-11-14 2018-11-21 Quarterly 0.37 9.6% N/A
2018-08-15 2018-08-16 2018-08-23 Quarterly 0.3375 8% N/A
2018-05-16 2018-05-17 2018-05-24 Quarterly 0.3125 0% N/A
2018-02-16 2018-02-20 2018-02-27 Quarterly 0.3125 0% N/A
2017-11-16 2017-11-17 2017-11-24 Quarterly 0.3125 0% N/A
2017-08-15 2017-08-17 2017-08-24 Quarterly 0.3125 8.7% N/A
2017-05-16 2017-05-18 2017-05-25 Quarterly 0.2875 0% N/A
2017-02-15 2017-02-20 2017-02-27 Quarterly 0.2875 0% N/A
2016-11-15 2016-11-17 2016-11-25 Quarterly 0.2875 0% N/A
2016-08-16 2016-08-18 2016-08-25 Quarterly 0.2875 9.5% N/A
2016-05-17 2016-05-19 2016-05-26 Quarterly 0.2625 0% N/A
2016-02-17 2016-02-19 2016-02-26 Quarterly 0.2625 0% N/A
2015-11-17 2015-11-19 2015-11-27 Quarterly 0.2625 62.5% N/A
2015-08-18 2015-08-20 2015-08-27 Other 0.1615 0% N/A

BSM Dividend FAQ

Black Stone Minerals, L.P. (NYSE: BSM) is a Houston-based mineral rights holder that manages a portfolio of oil and natural-gas interests across the United States. The firm controls roughly 16.8 million gross acres of mineral interests, plus non-participating royalty (NPR) interests on 1.8 million acres and overriding royalty (OR) interests on 1.6 million acres, spanning 41 states. Founded in 1876, BSM’s business model focuses on acquiring, retaining, and monetizing royalty streams rather than operating drilling rigs.

What is the Dividend Yield of BSM?

As of February 2026, BSM`s dividend yield is 10.01%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.35 USD by the current share price of 14.88.

Does BSM pay a dividend?

As of February 2026, BSM paid a dividend of 1.35 USD in the last 12 months. The last dividend was paid on 2025-11-06 and the payout was 0.3 USD.

How often does BSM pay dividends?

BSM pays dividends quarterly. Over the last 12 months, BSM has issued 4 dividend payments. The last dividend payment was made on 2025-11-06.

BSM dividend forecast

Based on historical data, the forecasted dividends per share for BSM for the next 4 payments are between 0.385 (+28.3%) and 0.405 (+35.0%).
This represents a strong dividend growth compared to the last payment.

Will BSM pay dividends in 2026?

The latest dividend paid per share was 0.3 USD with an Ex-Dividend Date of 2025-11-06. The next Ex-Dividend date for Black Stone Minerals (BSM) is currently unknown.

What is the next Ex-Dividend Date for BSM?

The next Ex-Dividend date for Black Stone Minerals (BSM) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of BSM?

BSM's average dividend growth rate over the past 5 years is 14.0% per year.
Strong growth: BSM's Dividend growth is outpacing inflation.

What is the Yield on Cost of BSM?

BSM's 5-Year Yield on Cost is 22.8%. If you bought BSM's shares at 5.93 USD five years ago, your current annual dividend income (1.35 USD per share, trailing 12 months) equals 22.8% of your original purchase price.

What is the Payout Consistency of BSM?

BSM Payout Consistency is 92.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Black Stone Minerals has a strong track record of consistent dividend payments over its lifetime.

Does BSM have a good Dividend Yield?

BSM`s 10.01% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of BSM?

The Dividend Payout Ratio of BSM is 139.2%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of BSM?

BSM`s Overall Dividend Rating is 80.78%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

BSM Outstanding Shares Analysis

What is the Trend in BSM's Outstanding Shares?

Black Stone Minerals's outstanding shares have decreased by approximately 3.13% annually over the past 3 years (Trend Reliability: -33.3%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has BSM ever had a Stock Split?

Yes, the last stock split was on Apr 29, 2015 with a ratio of 4:5.

This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

Year Number of Shares Annual Growth Rate
2013 2,114,302,000
2014 190,266,700 -91%
2015 191,239,000 +0.51%
2016 191,075,000 -0.09%
2017 198,803,000 +4.04%
2018 220,683,000 +11.01%
2019 206,552,000 -6.4%
2020 207,206,000 +0.32%
2021 224,069,000 +8.14%
2022 224,756,000 +0.31%
2023 225,511,000 +0.34%
2024 211,078,000 -6.4%
2025 211,600,000 +0.25%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-01 02:18