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

Texas Pacific Land logo
$1,133.12 +36.79 (+3.36%)
(As of 12/20/2024 05:31 PM ET)

Texas Pacific Land Dividend Summary

Dividend Yield
0.56%
Annual Dividend
$6.40
Recent
Dividend Payment
Dec. 16
Annualized 3-Year
Dividend Growth
9.14%
Dividend Payout Ratio
32.84%

Texas Pacific Land (TPL) pays an annual dividend of $6.40 per share, with a dividend yield of 0.56%. The next quarterly payment of $1.60 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Monday, December 2. The company currently pays out 32.84% of its earnings and 37.09% of its cash flow as dividends.

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TPL Dividend Payments by Quarter

The chart below displays up to four years of Texas Pacific Land's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TPL Dividend Yield Over Time

The chart below tracks Texas Pacific Land's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Texas Pacific Land vs. The Competition

Compare Texas Pacific Land's annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeTexas Pacific LandEnergy CompaniesNYSE Companies
Annual Dividend$6.40$0.00$1.39
Dividend Yield0.56%11.67%3.59%
Annualized 3-Year Dividend Growth9.14%25.09%15.78%

Texas Pacific Land Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings32.84%
Based on Cashflow37.09%

Texas Pacific Land Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/4/2024Quarterly$1.60+$0.43
36.75%
0.3%12/2/202412/2/202412/16/2024
8/7/2024quarterly$1.17-$8.83
88.30%
0.6%9/3/20249/3/20249/17/2024
6/13/2024None$10.00+$8.83
754.70%
7/1/20247/1/20247/15/2024
5/6/2024Quarterly$1.17+$0.0033
0.29%
0.76%6/3/20246/3/20246/17/2024
2/13/2024Quarterly$1.1667+$0.0833
7.69%
0.9%2/29/20243/1/20243/15/2024
10/31/2023quarterly$1.0833 - 0.7%11/30/202312/1/202312/15/2023
8/1/2023quarterly$1.0833 - 0.8%8/31/20239/1/20239/15/2023
5/2/2023quarterly$1.0833 - 0.9%6/7/20236/8/20236/15/2023
2/13/2023Quarterly$1.0833+$0.0833
8.33%
0.67%3/7/20233/8/20233/15/2023

This table shows Texas Pacific Land's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Texas Pacific Land Dividend - Frequently Asked Questions

The current dividend yield for Texas Pacific Land is 0.56%. Learn more on TPL's dividend yield history.

The annual dividend for TPL shares is $6.40. Learn more on TPL's annual dividend history.

Texas Pacific Land pays quarterly dividends to shareholders.

Texas Pacific Land's most recent quarterly dividend payment of $1.60 per share was made to shareholders on Monday, December 16, 2024.

Texas Pacific Land's most recent ex-dividend date was Monday, December 2, 2024.

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

The most recent change in the company's dividend was an increase of $0.43 on Monday, November 4, 2024.

The dividend payout ratio for TPL is:
  • 32.84% based on the trailing year of earnings
  • 37.09% based on cash flow

Texas Pacific Land's dividend yield of 0.53% is lower than the average Oils/Energy company that issues a dividend. Texas Pacific Land's dividend payout ratio of 32.84% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Texas Pacific Land stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:TPL) was last updated on 12/21/2024 by MarketBeat.com Staff
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