Texas Pacific Land (TPL) Dividend Yield, Date & History

$561.62
+3.06 (+0.55%)
(As of 05/3/2024 ET)

Dividend Summary

Dividend Yield
0.83%
Annual Dividend
$4.67
Dividend Increase
Track Record
3 Years
Annualized 3-Year
Dividend Growth
9.14%
Dividend Payout Ratio
26.55%
Recent
Dividend Payment
Mar. 15
Skip Charts & View Dividend History

Texas Pacific Land vs. The Competition

TypeTexas Pacific LandEnergy CompaniesNYSE Companies
Annual Dividend$4.67$1.31$1.46
Dividend Yield0.83%1,156.98%356.51%
Annualized 3-Year Dividend Growth9.14%2,500.47%1,643.11%
Track Record3 years3 years9 years

Texas Pacific Land Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings26.55%
Based on This Year's Estimates23.19%
Based on Next Year's Estimates20.99%
Based on Cashflow25.44%

Texas Pacific Land Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/13/2024Quarterly$1.16670.9%2/29/20243/1/20243/15/2024
10/31/2023quarterly$1.08330.7%11/30/202312/1/202312/15/2023
8/1/2023quarterly$1.08330.8%8/31/20239/1/20239/15/2023
5/2/2023quarterly$1.08330.9%6/7/20236/8/20236/15/2023
2/13/2023Quarterly$1.08330.67%3/7/20233/8/20233/15/2023
11/1/2022Quarterly$1.000.5%12/7/202212/8/202212/15/2022
8/2/2022Quarterly$1.000.73%9/7/20229/8/20229/15/2022
5/3/2022Quarterly$7.66676.55%6/7/20226/8/20226/15/2022
2/25/2022quarterly$1.001.1%3/7/20223/8/20223/15/2022
11/8/2021quarterly$0.91670.8%12/7/202112/8/202112/15/2021
8/5/2021Quarterly$0.91670.74%9/7/20219/8/20219/15/2021
5/6/2021Quarterly$0.91670.63%6/7/20216/8/20216/15/2021
2/26/2021quarterly$0.91670.9%3/5/20213/8/20213/15/2021
11/23/2020None$3.333312/10/202012/11/202012/17/2020
2/25/2020annual$3.33331.4%3/6/20203/9/20203/16/2020
2/26/2019Annual$0.58330.23%3/7/20193/8/20193/15/2019
2/22/2018annual$0.350.21%3/8/20183/9/20183/16/2018
2/22/2017annual$0.11670.12%3/7/20173/9/20173/16/2017
2/25/2016Annual$0.10333/7/20163/9/20163/16/2016
2/25/2015annual$0.09670.21%3/5/20153/9/20153/16/2015
2/21/2014annual$0.090.2%3/4/20143/6/20143/14/2014
(Data available from 1/1/2013 forward)

Texas Pacific Land Dividend - Frequently Asked Questions

What is Texas Pacific Land's dividend yield?

The current dividend yield for Texas Pacific Land is 0.83%. Learn more on TPL's dividend yield history.

How much is Texas Pacific Land's annual dividend?

The annual dividend for TPL shares is $4.67. Learn more on TPL's annual dividend history.

How often does Texas Pacific Land pay dividends?

Texas Pacific Land pays quarterly dividends to shareholders.

When was Texas Pacific Land's most recent dividend payment?

Texas Pacific Land's most recent quarterly dividend payment of $1.1667 per share was made to shareholders on Friday, March 15, 2024.

When was Texas Pacific Land's most recent ex-dividend date?

Texas Pacific Land's most recent ex-dividend date was Thursday, February 29, 2024.

Is Texas Pacific Land's dividend growing?

Over the past three years, the company's dividend has grown by an average of 9.14% per year.

What track record does Texas Pacific Land have of raising its dividend?

Texas Pacific Land has increased its dividend for the past 3 consecutive years.

When did Texas Pacific Land last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0833 on Tuesday, February 13, 2024.

What is Texas Pacific Land's dividend payout ratio?
The dividend payout ratio for TPL is:
  • 26.55% based on the trailing year of earnings
  • 23.19% based on this year's estimates
  • 20.99% based on next year's estimates
  • 25.44% based on cash flow
This page (NYSE:TPL) was last updated on 5/4/2024 by MarketBeat.com Staff

From Our Partners