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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$33.40 |
$33.69 |
$32.63 |
$32.95 |
74.50K | 03/22/2024 |
$32.74 |
$33.60 |
$32.74 |
$33.53 |
19.70K | 03/25/2024 |
$33.50 |
$33.97 |
$33.41 |
$33.47 |
76.20K | 03/26/2024 |
$34.00 |
$34.00 |
$33.31 |
$33.33 |
42.50K | 03/27/2024 |
$33.45 |
$33.98 |
$33.15 |
$33.98 |
38.70K |
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Dorchester Minerals is engaged in the acquisition, ownership and administration of Royalty Properties and Net Profits Interests (NPIs). The Royalty Properties consist of producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests located in several counties and parishes in various states (Royalty Properties). The NPIs represent net profits overriding royalty interests in various properties owned by the operating partnership. Co.'s general partner is Dorchester Minerals Management LP, which is managed by its general partner, Dorchester Minerals Management GP LLC. | |
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Dorchester Minerals LP (DMLP) has the following price history information. Looking back at DMLP historical stock prices for the last five trading days, on March 21, 2024, DMLP opened at $33.40, traded as high as $33.69 and as low as $32.63, and closed at $32.95. Trading volume was a total of 74.50K shares. On March 22, 2024, DMLP opened at $32.74, traded as high as $33.60 and as low as $32.74, and closed at $33.53. Trading volume was a total of 19.70K shares. On March 25, 2024, DMLP opened at $33.50, traded as high as $33.97 and as low as $33.41, and closed at $33.47. Trading volume was a total of 76.20K shares. On March 26, 2024, DMLP opened at $34.00, traded as high as $34.00 and as low as $33.31, and closed at $33.33. Trading volume was a total of 42.50K shares. On March 27, 2024, DMLP opened at $33.45, traded as high as $33.98 and as low as $33.15, and closed at $33.98. Trading volume was a total of 38.70K shares.
DMLP Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Dorchester Minerals LP shares, starting with a $10,000 purchase of DMLP, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$26.20 |
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End price/share: |
$33.98 |
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Starting shares: |
381.68 |
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Ending shares: |
968.57 |
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Dividends reinvested/share: |
$19.18 |
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Total return: |
229.12% |
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Average Annual Total Return: |
12.65% |
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Starting investment: |
$10,000.00 |
|
Ending investment: |
$32,898.06 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$26.20 |
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End price/share: |
$33.98 |
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Dividends collected/share: |
$19.18 |
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Total return: |
102.89% |
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Average Annual Total Return: |
7.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$20,282.76 |
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Years: |
10.00 |
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|
Date |
Close |
03/21/2024 | $32.95 | 03/22/2024 | $33.53 | 03/25/2024 | $33.47 | 03/26/2024 | $33.33 | 03/27/2024 | $33.98 |
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