Dorchester Minerals, L.P.
Dorchester Minerals, L.P. (NASDAQ: DMLP) is trading at $29.04, about ₹2,786 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.92% today. Indian residents can buy Dorchester Minerals, L.P. from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.74
Today's high
$29.48
52 week low
$20.85
52 week high
$30.54
DMLP opened at $29.02, closed previously at $29.31, and has traded between $20.85 and $30.54 over the past 52 weeks.
About
Dorchester Minerals, L.P. is engaged in the acquisition, ownership, and management of both producing and non-producing royalty, net profit, and leasehold interests related to natural gas and crude oil across the United States. Its extensive royalty holdings encompass mineral, royalty, and overriding royalty interests, spanning 582 counties and parishes in 26 states. The firm's net profits interests represent overriding royalty interests derived from the net earnings of properties held by the operating partnership. Dorchester Minerals Management LP serves as the general partner for Dorchester Minerals, L.P. This Dallas, Texas-based company was established in 1982.
Key statistics
Avg. volume
172.21K
Market cap
$1.40B
P/E Ratio
16.04
Price-to-sales ratio
7.29
Enterprise value
$1.33B
Free cash flow yield
11.18%
Debt-to-equity ratio
0.01
Return on equity
28.25%
ROIC
33.98%
Beta
0.52
Dividend yield
11.00%
Last dividend
$3.19
Financial overview
Revenue
$152.83M
Earnings per share
$1.20
Free cash flow
$132.49M
Net profit margin
45.68%
Gross margin
72.84%
EBITDA
$123.65M
Revenue growth
-5.38%
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This is not an investment recommendation
How to buy Dorchester Minerals, L.P. from India
Indian residents can buy Dorchester Minerals, L.P. shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Dorchester Minerals, L.P. and place an order
Find Dorchester Minerals, L.P. by name or by its ticker, DMLP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Dorchester Minerals, L.P. trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Dorchester Minerals, L.P. position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Dorchester Minerals, L.P. from India
Trading and taxes when buying Dorchester Minerals, L.P. from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Dorchester Minerals, L.P.’s current yield is 11.00%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Dorchester Minerals, L.P. stock?
Yes. Dorchester Minerals, L.P. (DMLP) has been listed on NASDAQ since 2003, in the Oil & Gas Exploration & Production industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Dorchester Minerals, L.P. share cost in rupees?
One Dorchester Minerals, L.P. share is $29.04 — about ₹2,786 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Dorchester Minerals, L.P. price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Dorchester Minerals, L.P. from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Dorchester Minerals, L.P.?
Yes. One Dorchester Minerals, L.P. share is $29.04, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Dorchester Minerals, L.P..
How are gains on Dorchester Minerals, L.P. shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Dorchester Minerals, L.P. price. Paasa issues a capital-gains statement for your return.
Does Dorchester Minerals, L.P. pay a dividend, and how is it taxed in India?
Yes. Dorchester Minerals, L.P. pays a dividend and the current yield is 11.00%; the last declared dividend was $3.19 per share, about ₹306.33. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Dorchester Minerals, L.P. from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Dorchester Minerals, L.P. shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Dorchester Minerals, L.P. shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Dorchester Minerals, L.P. holding, its cost and its closing value.
How do I sell Dorchester Minerals, L.P. and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.