Last dividend date: Jun 2, 2025
Dividend yield: 1.52%
Payout ratio: 79.7%
Texas Pacific Land's last cash dividend of $1.6 per share was issued to shareholders on record before Jun 2, 2025. The dividend payment stands at $15.97 per share annually, which equates to a dividend yield of 1.52%.
TPL dividend stats
vs. Energy sector
Texas Pacific Land Dividend yield
Texas Pacific Land's dividend yield of 1.52% is lower than the Energy sector and the industry average. If we compare it with the Energy sector average of 4.57%, Texas Pacific Land's dividend yield is 67% lower. The historical 5-year average of TPL's dividend yield is 1.3%, which is less than the current one.
TPL Dividend history
Texas Pacific Land has been paying dividends for the last 31 years. According to our records TPL has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 10% for the last twelve months. However with the stock price up by 35% from a year ago, the dividend yield has decreased by 19%.
Texas Pacific Land Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 2, 2025 | $1.6 | 1.44% |
| Mar 3, 2025 | $1.6 | 1.15% |
| Dec 2, 2024 | $1.6 | 1.01% |
| Sep 3, 2024 | $1.17 | 1.79% |
| Jul 1, 2024 | $10 | 2% |
| Jun 3, 2024 | $1.17 | 0.76% |
| Feb 29, 2024 | $1.167 | 0.84% |
| Nov 30, 2023 | $1.083 | 0.78% |
| Aug 31, 2023 | $1.083 | 0.68% |
| Jun 7, 2023 | $1.083 | 0.88% |
| Mar 7, 2023 | $1.083 | 1.64% |
| Dec 7, 2022 | $1 | 1.19% |
| Sep 7, 2022 | $1 | 1.57% |
| Jun 7, 2022 | $6.667 | 1.63% |
| Mar 7, 2022 | $1 | 0.87% |
| Dec 7, 2021 | $0.917 | 0.83% |
| Sep 7, 2021 | $0.917 | 1.5% |
| Jun 7, 2021 | $0.917 | 1.03% |
| Mar 5, 2021 | $0.917 | 1.06% |
| Dec 10, 2020 | $3.333 | 3.75% |
| Mar 6, 2020 | $5.333 | 2.57% |
| Mar 7, 2019 | $2 | 0.84% |
| Mar 8, 2018 | $1.35 | 0.77% |
| Mar 7, 2017 | $0.45 | 0.45% |
| Mar 7, 2016 | $0.103 | 0.21% |
| Mar 5, 2015 | $0.097 | 0.2% |
Texas Pacific Land dividend payout ratio
Payout ratio
Texas Pacific Land's payout ratio of 79.7% is above the Energy sector and the industry average. In comparison with its Energy sector average of 60.8%, Texas Pacific Land's payout ratio is 31% higher.
Total amount of dividends paid per financial year (from cash flow)
TPL dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DMLP Dorchester Minerals Lp | 11.45% | $3.16 | 155% |
| VNOM Viper Energy Partners LP | 6.65% | $2.47 | 62.7% |
| PBT Permian Basin Royalty Trust | 2.76% | $0.35 | 72% |
| TPL Texas Pacific Land Corp | 1.52% | $15.97 | 79.7% |
Frequently asked questions
Does Texas Pacific Land pay a dividend?
Yes, Texas Pacific Land has paid four dividends in the last twelve months. TPL has been paying dividends since 1994.
When was TPL's last dividend?
Texas Pacific Land's last regular dividend was on Jun 2, 2025 (ex-date) with the amount of $1.6 per share.
How much dividend does Texas Pacific Land pay (per share)?
TPL has paid dividend of $15.97 per share in the last year.
What is Texas Pacific Land's dividend yield?
Currently Texas Pacific Land's dividend yield is 1.52%.
What is Texas Pacific Land's dividend payout ratio?
The dividend payout ratio of Texas Pacific Land is 79.7%.
Does Texas Pacific Land pay a good dividend?
Texas Pacific Land's dividend yield is less than the Energy sector average.
Special dividends are included in TTM DPS and yield.