Black Stone Minerals ticker dps (an.) 2024 hike 2023 hike 2022 hike
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Black Stone Minerals LP (BSM) will raise its quarterly distribution by 8 percent to $0.3375 per unit in the third quarter of 2018. This marks the third consecutive year of distribution increases by the partnership.

Distributions will be payable on August 23, 2018 to unitholders of record on August 16, 2018. The new annual distribution of $1.35 per unit yields 7.2%.

Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Partnership owns mineral interests and royalty interests in 41 states and 64 onshore basins in the continental United States. The Partnership also owns and selectively participates as a nonoperating working interest partner in established development programs, primarily on its mineral and royalty holdings.