TPL Dividend History & Analysis | 0.6% Yield

TPL has a dividend yield of 0.6% and paid 6.4 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 0.62%
Payout Ratio 30.9%
Growth Rate CAGR 5y -12.66%
Consistency Lifetime 85.1%
Yield on Cost 5y 6.12%
Payout FCF 28.7%
Streak Years 41
Dividend Rating 15.11%

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: -20%
Total Return 5y: 249.9%

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 13.3% 35.7%
KRP 1,449 M 11.8% 30.1%
MNR 1,957 M 14.2% 14.4%
BSM 3,133 M 10.0% 22.8%
EPM 138 M 10.4% 20.3%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SM 4,534 M 166% 92.5%
MTDR 5,895 M 80.1% 100%
WTI 323 M 100% 46.6%
NOG 2,440 M 70.1% 100%
DEC 1,126 M 64.1% 90.0%

Quality Dividend Peers in Oil & Gas Exploration & Production

APA
APA
 4.98% Yield
COP
ConocoPhillips
 3.45% Yield
MGY
Magnolia Oil & Gas
 2.61% Yield
WDS
Woodside Energy
 6.75% Yield
MAU
Etablissements Maurel
 6.61% Yield
EFXT
Enerflex
 1.28% Yield

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

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 0.23%
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
1998-03-05 1998-03-09 1998-03-16 Annual 0.4001 0% N/A

TPL Dividend FAQ

Texas Pacific Land Trust (NYSE: TPL) operates two core segments: Land & Resource Management, which holds surface acreage and non-participating perpetual royalty interests (NPRIs) across roughly 207,000 net royalty acres in the Permian Basin, and Water Services & Operations, which supplies water sourcing, produced-water treatment, infrastructure development, and disposal solutions to upstream operators in the same region.

What is the Dividend Yield of TPL?

As of February 2026, TPL`s dividend yield is 0.62%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 6.40 USD by the current share price of 366.03.

Does TPL pay a dividend?

As of February 2026, TPL paid a dividend of 6.40 USD in the last 12 months. The last dividend was paid on 2025-12-01 and the payout was 1.59999 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 2025-12-01.

TPL dividend forecast

Based on historical data, the forecasted dividends per share for TPL for the next 4 payments are between 3.968 (+148.0%) and 6.418 (+301.1%).
This represents a strong dividend growth compared to the last payment.

Will TPL pay dividends in 2026?

The latest dividend paid per share was 1.59999 USD with an Ex-Dividend Date of 2025-12-01. 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 -12.7% per year.
Negative growth: TPL's Dividend growth is negative and declining.

What is the Yield on Cost of TPL?

TPL's 5-Year Yield on Cost is 6.12%. If you bought TPL's shares at 104.60 USD five years ago, your current annual dividend income (6.40 USD per share, trailing 12 months) equals 6.12% 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 0.62% 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 15.11%. 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 0.05% 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 171,426,900
1986 171,426,900
1987 165,787,800 -3.29%
1988 179,998,200 +8.57%
1989 160,712,700 -10.71%
1990 156,520,200 -2.61%
1991 163,634,700 +4.55%
1992 112,498,900 -31.25%
1993 149,998,500 +33.33%
1994 144,641,400 -3.57%
1995 136,955,100 -5.31%
1996 128,570,100 -6.12%
1997 123,793,800 -3.71%
1998 116,665,500 -5.76%
1999 116,348,800 -0.27%
2000 112,550,100 -3.26%
2001 107,606,200 -4.39%
2002 104,087,900 -3.27%
2003 100,827,900 -3.13%
2004 98,521,700 -2.29%
2005 97,029,900 -1.51%
2006 95,466,900 -1.61%
2007 94,285,800 -1.24%
2008 91,599,700 -2.85%
2009 88,741,300 -3.12%
2010 85,661,200 -3.47%
2011 82,100,200 -4.16%
2012 8,848,400 -89.22%
2013 25,556,000 +188.82%
2014 25,060,200 -1.94%
2015 24,463,000 -2.38%
2016 23,810,400 -2.67%
2017 23,484,800 -1.37%
2018 23,315,900 -0.72%
2019 23,268,500 -0.2%
2020 23,268,500
2021 23,234,900 -0.14%
2022 23,115,300 -0.51%
2023 23,034,500 -0.35%
2024 23,015,500 -0.08%
2025 23,010,300 -0.02%

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: 2026-02-08 02:18