Texas Pacific Land (TPL) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.40
- Forward yield
- 0.96%
- Payout ratio
- 43.3%
Texas Pacific Land pays a quarterly dividend of $0.60 per share. Its most recent payment went ex-dividend on September 1, 2026 and was paid on September 15, 2026. The $0.60 rate began with the March 2026 payment, replacing a quarterly rate of $1.60, and has been paid three times so far. At that rate, four payments would total $2.40 per share, about 0.7% at a share price of $340.19. The source's trailing-twelve-month figure of $3.40 includes one payment at the earlier rate.
The per-share amounts in the table are not adjusted for share-count changes, so earlier amounts are not directly comparable with the current rate. The record shows a similar step in mid-2024, from $3.50 to $1.17, followed by a raise to $1.60 in December 2024. It also includes two unusually large payments, $20.00 in June 2022 and $10.00 in July 2024, paid alongside the regular dividends. No raise has appeared yet since the $0.60 rate began.
Payments have gone ex-dividend at the start of March, June, September and December. If the pattern holds, the next payment would go ex-dividend in early December 2026 and be paid around mid-December.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Aug 4, 2026 | Sep 1, 2026 | Sep 15, 2026 | $0.60 |
| May 5, 2026 | Jun 1, 2026 | Jun 15, 2026 | $0.60 |
| Feb 10, 2026 | Mar 2, 2026 | Mar 16, 2026 | $0.60 |
| Nov 5, 2025 | Dec 1, 2025 | Dec 15, 2025 | $1.60 |
| Aug 5, 2025 | Sep 2, 2025 | Sep 16, 2025 | $1.60 |
| May 7, 2025 | Jun 2, 2025 | Jun 16, 2025 | $1.60 |
| Feb 19, 2025 | Mar 3, 2025 | Mar 17, 2025 | $1.60 |
| Nov 6, 2024 | Dec 2, 2024 | Dec 16, 2024 | $1.60 |
| Aug 6, 2024 | Sep 3, 2024 | Sep 17, 2024 | $1.17 |
| Jun 13, 2024 | Jul 1, 2024 | Jul 15, 2024 | $10.00 |
| May 8, 2024 | Jun 3, 2024 | Jun 17, 2024 | $1.17 |
| Feb 21, 2024 | Feb 29, 2024 | Mar 15, 2024 | $3.50 |
| Nov 1, 2023 | Nov 30, 2023 | Dec 15, 2023 | $3.25 |
| Aug 2, 2023 | Aug 31, 2023 | Sep 15, 2023 | $3.25 |
| May 3, 2023 | Jun 7, 2023 | Jun 15, 2023 | $3.25 |
| Feb 13, 2023 | Mar 7, 2023 | Mar 15, 2023 | $3.25 |
| Nov 2, 2022 | Dec 7, 2022 | Dec 15, 2022 | $3.00 |
| Aug 3, 2022 | Sep 7, 2022 | Sep 15, 2022 | $3.00 |
| May 4, 2022 | Jun 7, 2022 | Jun 15, 2022 | $20.00 |
| May 4, 2022 | Jun 7, 2022 | Jun 15, 2022 | $3.00 |
Frequently asked questions
Does Texas Pacific Land (TPL) pay a dividend?
Yes. Texas Pacific Land pays a quarterly dividend; the most recent payment was $0.60 per share.
What is TPL's dividend yield?
Texas Pacific Land paid $3.40 per share over the trailing twelve months, a yield of 0.96% at the last price of $354.57. Click here to learn more
When is TPL's most recent ex-dividend date?
Texas Pacific Land's most recent ex-dividend date is Sep 1, 2026, payable on Sep 15, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.