Black Stone Minerals hikes dividend by 7.1%

The Board of Directors of the general partner has approved a cash distribution for common units attributable to the third quarter of 2022 of $0.45 per unit. This is the fourth consecutive quarterly increase. The $0.45 per unit represents an increase of 7% over the common distribution paid with respect to the prior quarter and an increase of 80% over the common distribution paid with respect to the third quarter of 2021. Distributions will be payable on November 17, 2022 to unitholders of record on November 10, 2022.