TPL Dividend History & Analysis | 0.6% Yield

TPL has a dividend yield of 0.6% and paid 5.4 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 0.61%
Payout Ratio 30.9%
Growth Rate CAGR 5y 14.94%
Consistency Lifetime 85.1%
Yield on Cost 5y 3.31%
Payout FCF 30.4%
Streak Years -
Dividend Rating 59.53%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 8.1%
Total Return 5y: 191.1%

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DMLP 1,149 M 10.9% 34.6%
KRP 1,605 M 11.6% 26.2%
MNR 2,454 M 15.0% 15.2%
BSM 3,217 M 9.52% 23.4%
EPM 160 M 10.6% 21.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SM 7,799 M 166% 92.5%
PR 18,187 M 129% 86.1%
MTDR 7,978 M 80.1% 100%
WTI 503 M 100% 46.6%
CRC 6,031 M 74.3% 100%

Quality Dividend Peers in Oil & Gas Exploration & Production

CNQ
Canadian Natural
 4.82% Yield
SM
SM Energy
 4.51% Yield
DMLP
Dorchester Minerals
 10.94% Yield
APA
APA
 4.98% Yield
MTDR
Matador Resources
 3.08% Yield
BSM
Black Stone Minerals
 9.52% Yield

TPL Dividend History: Last 50 Payments (USD) as of April 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-03-02 2026-03-02 2026-03-16 Quarterly 0.6 -62.5% 0.11%
2025-12-01 2025-12-01 2025-12-15 Quarterly 1.6 0% 0.19%
2025-09-02 2025-09-02 2025-09-16 Quarterly 1.6 0% 0.17%
2025-06-02 2025-06-02 2025-06-16 Quarterly 1.6 0% 0.14%
2025-03-03 2025-03-03 2025-03-17 Quarterly 1.6 0% 0.11%
2024-12-02 2024-12-02 2024-12-16 Quarterly 1.6 36.8% 0.1%
2024-09-03 2024-09-03 2024-09-17 Quarterly 1.17 -88.3% 0.14%
2024-07-01 2024-07-01 2024-07-15 Other 10 754.7% 1.36%
2024-06-03 2024-06-03 2024-06-17 Quarterly 1.17 -96.3% 0.19%
2024-02-29 2024-03-01 2024-03-15 Quarterly 31.5 869.2% 2.01%
2023-11-30 2023-12-01 2023-12-15 Quarterly 3.25 0% 0.2%
2023-08-31 2023-09-01 2023-09-15 Quarterly 3.25 0% 0.17%
2023-06-07 2023-06-08 2023-06-15 Quarterly 3.25 0% 0.23%
2023-03-07 2023-03-08 2023-03-15 Quarterly 3.25 8.3% 0.18%
2022-12-07 2022-12-08 2022-12-15 Quarterly 3 0% 0.12%
2022-09-07 2022-09-08 2022-09-15 Quarterly 3 -87% 0.16%
2022-06-07 2022-06-08 2022-06-15 Quarterly 23 666.7% 1.4%
2022-03-07 2022-03-08 2022-03-15 Quarterly 3 9.1% 0.23%
2021-12-07 2021-12-08 2021-12-15 Quarterly 2.75 0% 0.21%
2021-09-07 2021-09-08 2021-09-15 Quarterly 2.75 0% 0.22%
2021-06-07 2021-06-08 2021-06-15 Quarterly 2.75 0% 0.19%
2021-03-05 2021-03-08 2021-03-15 Quarterly 2.75 -72.5% N/A
2020-12-10 2020-12-11 2020-12-17 Other 10 -37.5% N/A
2020-03-06 2020-03-09 2020-03-16 Other 16 166.7% N/A
2019-03-07 2019-03-08 2019-03-15 Other 6 48.1% N/A
2018-03-08 2018-03-09 2018-03-16 Other 4.05 200% N/A
2017-03-07 2017-03-09 2017-03-16 Other 1.35 335.5% N/A
2016-03-07 2016-03-09 2016-03-16 Annual 0.31 6.9% N/A
2015-03-05 2015-03-09 2015-03-16 Annual 0.29 7.4% N/A
2014-03-04 2014-03-06 2014-03-14 Annual 0.27 0% N/A
2013-03-04 0.27 8% N/A
2012-12-12 2012-12-14 2012-12-21 Annual 0.25 8.7% N/A
2012-03-02 2012-03-06 2012-03-14 Annual 0.23 9.6% N/A
2011-03-02 2011-03-04 2011-03-11 Annual 0.21 5% N/A
2010-03-10 2010-03-12 2010-03-24 Annual 0.2 5.3% N/A
2009-03-10 2009-03-12 2009-03-23 Annual 0.19 5.6% N/A
2008-03-05 2008-03-07 2008-03-17 Annual 0.18 -77.5% N/A
2007-03-05 2007-03-07 2007-03-15 Annual 0.8001 -61.9% N/A
2006-11-22 2006-11-27 2006-12-07 Other 2.1002 223.2% N/A
2006-03-03 2006-03-07 2006-03-15 Annual 0.6498 18.2% N/A
2005-03-04 2005-03-08 2005-03-15 Annual 0.5499 -68.6% N/A
2004-10-06 2004-10-08 2004-10-14 Other 1.7501 250% N/A
2004-03-03 2004-03-05 2004-03-12 Annual 0.5 42.8% N/A
2003-08-22 2003-08-26 2003-09-08 Other 0.3501 -12.5% N/A
2003-03-05 2003-03-07 2003-03-14 Annual 0.4001 0% N/A
2002-03-06 2002-03-08 2002-03-15 Annual 0.4001 -33.3% N/A
2001-03-28 2001-03-30 2001-03-31 Annual 0.5999 49.9% N/A
2001-03-07 2001-03-09 2001-03-15 0.4001 0% N/A
2000-03-06 2000-03-08 2000-03-15 0.4001 0% N/A
1999-03-04 1999-03-08 1999-03-15 Annual 0.4001 0% N/A

TPL Dividend FAQ

Texas Pacific Land Trust (NYSE: TPL) operates two core segments: Land & Resource Management, which oversees roughly 224,000 net royalty acres in the Permian Basin and generates income from surface land leases, easements, and the sale of materials such as caliche and sand; and Water Services & Operations, which delivers water sourcing, produced-water treatment, infrastructure development, and disposal solutions to Permian oil and gas operators while holding produced-water royalties.

What is the Dividend Yield of TPL?

As of April 2026, TPL`s dividend yield is 0.61%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.40 USD by the current share price of 474.56.

Does TPL pay a dividend?

As of April 2026, TPL paid a dividend of 5.40 USD in the last 12 months. The last dividend was paid on 2026-03-02 and the payout was 0.6 USD.

How often does TPL pay dividends?

TPL pays dividends quarterly. Over the last 12 months, TPL has issued 4 dividend payments. The last dividend payment was made on 2026-03-02.

TPL dividend forecast

Based on historical data, the forecasted dividends per share for TPL for the next payments are between 0.585 (-2.5%) and 0.846 (+41.0%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 0.60%.

Will TPL pay dividends in 2026?

The latest dividend paid per share was 0.6 USD with an Ex-Dividend Date of 2026-03-02. The next Ex-Dividend date for Texas Pacific Land Trust (TPL) is currently unknown.

What is the next Ex-Dividend Date for TPL?

The next Ex-Dividend date for Texas Pacific Land Trust (TPL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TPL?

TPL's average dividend growth rate over the past 5 years is 14.9% per year.
Strong growth: TPL's Dividend growth is outpacing inflation.

What is the Yield on Cost of TPL?

TPL's 5-Year Yield on Cost is 3.31%. If you bought TPL's shares at 163.05 USD five years ago, your current annual dividend income (5.40 USD per share, trailing 12 months) equals 3.31% of your original purchase price.

What is the Payout Consistency of TPL?

TPL Payout Consistency is 85.1%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Moderately consistent: Texas Pacific Land Trust has a good track record of consistent dividend payments over its lifetime.

Does TPL have a good Dividend Yield?

TPL`s 0.61% Dividend Yield is considered as low. This is usually a sign of a growth company.

What is the Dividend Payout Ratio of TPL?

The Dividend Payout Ratio of TPL is 30.9%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TPL?

TPL`s Overall Dividend Rating is 59.53%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TPL Outstanding Shares Analysis

What is the Trend in TPL's Outstanding Shares?

Texas Pacific Land Trust's outstanding shares have decreased by approximately 0.06% annually over the past 3 years (Trend Reliability: -100.0%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has TPL ever had a Stock Split?

Yes, the last stock split was on Mar 27, 2024 with a ratio of 3:1.

This was a forward split: Each share became 3 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 514,280,600
1986 514,280,600
1987 497,363,500 -3.29%
1988 539,994,600 +8.57%
1989 482,138,000 -10.71%
1990 469,560,500 -2.61%
1991 490,904,200 +4.55%
1992 337,496,600 -31.25%
1993 449,995,500 +33.33%
1994 433,924,200 -3.57%
1995 410,865,400 -5.31%
1996 385,710,400 -6.12%
1997 371,381,300 -3.71%
1998 349,996,500 -5.76%
1999 349,046,400 -0.27%
2000 337,650,300 -3.26%
2001 322,818,600 -4.39%
2002 312,263,600 -3.27%
2003 302,483,600 -3.13%
2004 295,565,000 -2.29%
2005 291,089,800 -1.51%
2006 286,400,700 -1.61%
2007 282,857,500 -1.24%
2008 274,799,000 -2.85%
2009 266,223,800 -3.12%
2010 256,983,500 -3.47%
2011 246,300,600 -4.16%
2012 26,545,100 -89.22%
2013 76,667,900 +188.82%
2014 75,180,500 -1.94%
2015 73,388,900 -2.38%
2016 71,431,100 -2.67%
2017 70,454,300 -1.37%
2018 69,947,600 -0.72%
2019 69,805,400 -0.2%
2020 69,805,400
2021 69,704,800 -0.14%
2022 69,346,000 -0.51%
2023 69,103,600 -0.35%
2024 69,046,600 -0.08%
2025 69,027,500 -0.03%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-03-23 02:16