TPL Texas Pacific Land dividend history, payout ratio & dates
Texas Pacific Land's last cash dividend of $1.17 per share was issued to shareholders on record before Sep 3, 2024. The dividend payment stands at $14.59 per share annually, which equates to a dividend yield of 0.96%. The latest TPL dividend of $1.17 is a decrease from the previous $10 payout, representing a change of -88%.
Key dates
- TPL last dividend date: Sep 3, 2024
TPL dividend stats
vs. Energy sector
Dividend yield
Texas Pacific Land's dividend yield of 0.96% is lower than the Energy sector, the industry and its peers average. If we compare it with the Energy sector average of 4.03%, Texas Pacific Land's dividend yield is 76% lower. The historical 5-year average of TPL's dividend yield is 1.4%, which is more than the current one.
Dividend history
Texas Pacific Land has been paying dividends for the last 30 years. According to our records TPL has distributed five dividends in the past year. The annualized dividend per share has grown by 243% for the last twelve months. And with the stock price up by 177% from a year ago, the dividend yield has grown by 24%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 74.8% is above the Energy sector and the industry average but below its peers average. In comparison with its Energy sector average of 56.2%, Texas Pacific Land's payout ratio is 33% 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 | 10.41% | $3.49 | 125% |
| PBT Permian Basin Royalty Trust | 5.56% | $0.77 | 98.1% |
| VNOM Viper Energy Partners LP | 3.89% | $2.13 | 91.4% |
| PHX Phx Minerals Inc | 3.74% | $0.14 | 107.7% |
| TPL Texas Pacific Land Corp | 0.96% | $14.59 | 74.8% |
Frequently asked questions
Does Texas Pacific Land pay a dividend?
Yes, Texas Pacific Land has paid five 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 Sep 3, 2024 (ex-date) with the amount of $1.17 per share.
How much dividend does Texas Pacific Land pay (per share)?
TPL has paid dividend of $14.59 per share in the last year.
What is Texas Pacific Land's dividend yield?
Currently Texas Pacific Land's dividend yield is 0.96%.
What is Texas Pacific Land's dividend payout ratio?
The dividend payout ratio of Texas Pacific Land is 74.8%.
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. Data from 
and Sharadar.