Texas Pacific Land (TPL) Dividend History & Yield
Texas Pacific Land (TPL) has increased its dividend for multiple years and currently yields 0.55%. The most recent dividend was $0.6000/share on Mar 16, 2026, paid Quarterly.
Current Yield
0.55%
TTM Dividend/Share
$2.20
Payment Frequency
Quarterly
Payout Ratio
30.2%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-73.81%
Div Growth (5Y CAGR)
-28.94%
Div Growth (10Y CAGR)
52.10%
TPL: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
-28.4%
FCF payout ratio
8.5%
Net debt / EBITDA
-0.3x
Interest coverage
629.45x
ROIC (TTM)
35.2%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 30.2%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($7.05) covers dividend/share ($2.20).
No dividend cuts in 10+ years
5 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 8.5%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.3x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-28.9%) ≤ EPS growth (21.6%) — sustainable.
Per-payment dividend history
Ex-date Jun 1, 2026
- Payment date
- Jun 15, 2026
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Mar 2, 2026
- Payment date
- Mar 16, 2026
- Dividend
- $0.6000
- Adj. dividend
- $0.6000
Ex-date Dec 1, 2025
- Payment date
- Dec 15, 2025
- Dividend
- $1.6000
- Adj. dividend
- $0.5333
Ex-date Sep 2, 2025
- Payment date
- Sep 16, 2025
- Dividend
- $1.6000
- Adj. dividend
- $0.5333
Ex-date Jun 2, 2025
- Payment date
- Jun 16, 2025
- Dividend
- $1.6000
- Adj. dividend
- $0.5333
Ex-date Mar 3, 2025
- Payment date
- Mar 17, 2025
- Dividend
- $1.6000
- Adj. dividend
- $0.5333
Ex-date Dec 2, 2024
- Payment date
- Dec 16, 2024
- Dividend
- $1.6000
- Adj. dividend
- $0.5333
Ex-date Sep 3, 2024
- Payment date
- Sep 17, 2024
- Dividend
- $1.1700
- Adj. dividend
- $0.3900
Ex-date Jul 1, 2024
- Payment date
- Jul 15, 2024
- Dividend
- $10.0000
- Adj. dividend
- $3.3333
Ex-date Jun 3, 2024
- Payment date
- Jun 17, 2024
- Dividend
- $1.1700
- Adj. dividend
- $0.3900
Ex-date Feb 29, 2024
- Payment date
- Mar 15, 2024
- Dividend
- $3.5000
- Adj. dividend
- $3.5000
Ex-date Nov 30, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $3.2500
- Adj. dividend
- $0.3611
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 1, 2026 | Jun 15, 2026 | $0.6000 | $0.6000 |
| Mar 2, 2026 | Mar 16, 2026 | $0.6000 | $0.6000 |
| Dec 1, 2025 | Dec 15, 2025 | $1.6000 | $0.5333 |
| Sep 2, 2025 | Sep 16, 2025 | $1.6000 | $0.5333 |
| Jun 2, 2025 | Jun 16, 2025 | $1.6000 | $0.5333 |
| Mar 3, 2025 | Mar 17, 2025 | $1.6000 | $0.5333 |
| Dec 2, 2024 | Dec 16, 2024 | $1.6000 | $0.5333 |
| Sep 3, 2024 | Sep 17, 2024 | $1.1700 | $0.3900 |
| Jul 1, 2024 | Jul 15, 2024 | $10.0000 | $3.3333 |
| Jun 3, 2024 | Jun 17, 2024 | $1.1700 | $0.3900 |
| Feb 29, 2024 | Mar 15, 2024 | $3.5000 | $3.5000 |
| Nov 30, 2023 | Dec 15, 2023 | $3.2500 | $0.3611 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 18 year-over-year increases across 45 calendar years of data (1981–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.1333 | — | — |
| 2025 | $8.1467 | $2.1333 | -73.8% |
| 2024 | $1.4444 | $8.1467 | +464.0% |
| 2023 | $3.5556 | $1.4444 | -59.4% |
| 2022 | $1.2222 | $3.5556 | +190.9% |
| 2021 | $11.7778 | $1.2222 | -89.6% |
| 2020 | $0.6667 | $11.7778 | +1666.7% |
| 2019 | $1.3500 | $0.6667 | -50.6% |
| 2018 | $1.3500 | $1.3500 | 0.0% |
| 2017 | $0.0344 | $1.3500 | +3819.4% |
| 2016 | $0.0322 | $0.0344 | +6.9% |
| 2015 | $0.0300 | $0.0322 | +7.4% |
| 2014 | $0.0533 | $0.0300 | -43.8% |
| 2012 | $0.0233 | $0.0533 | +128.6% |
| 2011 | $0.0222 | $0.0233 | +5.0% |
| 2010 | $0.0211 | $0.0222 | +5.3% |
| 2009 | $0.0200 | $0.0211 | +5.6% |
| 2008 | $0.0178 | $0.0200 | +12.5% |
| 2007 | $0.0611 | $0.0178 | -70.9% |
| 2006 | $0.0122 | $0.0611 | +400.0% |
| 2005 | $0.0500 | $0.0122 | -75.6% |
| 2004 | $0.0167 | $0.0500 | +200.0% |
| 2003 | $0.0089 | $0.0167 | +87.5% |
| 2002 | $0.0222 | $0.0089 | -60.0% |
| 2001 | $0.0089 | $0.0222 | +150.0% |
| 2000 | $0.0089 | $0.0089 | 0.0% |
| 1999 | $0.0089 | $0.0089 | 0.0% |
| 1998 | $0.0089 | $0.0089 | 0.0% |
| 1997 | $0.0089 | $0.0089 | 0.0% |
| 1996 | $0.0089 | $0.0089 | 0.0% |
| 1995 | $0.0089 | $0.0089 | 0.0% |
| 1994 | $0.0089 | $0.0089 | 0.0% |
| 1993 | $0.0089 | $0.0089 | 0.0% |
| 1992 | $0.0089 | $0.0089 | 0.0% |
| 1991 | $0.0089 | $0.0089 | 0.0% |
| 1990 | $0.0089 | $0.0089 | 0.0% |
| 1989 | $0.0089 | $0.0089 | 0.0% |
| 1988 | $0.0089 | $0.0089 | 0.0% |
| 1987 | $0.0089 | $0.0089 | 0.0% |
| 1986 | $0.0089 | $0.0089 | 0.0% |
| 1985 | $0.0089 | $0.0089 | 0.0% |
| 1984 | $0.0078 | $0.0089 | +14.3% |
| 1983 | $0.0067 | $0.0078 | +16.7% |
| 1982 | $0.0056 | $0.0067 | +20.0% |
| 1981 | — | $0.0056 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Texas Pacific Land (TPL) from the consolidated cash flow statement, in USD as filed.
Latest period
$110.36M
YoY change
-57.4%
5Y CAGR
+13.8%
Peak year (2024)
$347.31M
Latest annual
$147.80M
Cash dividends paid over time for Texas Pacific Land (TPL)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Texas Pacific Land (TPL)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $147.80M | -57.4% | -$199.51M | ||
| 2024 | $347.31M | +247.4% | +$247.34M | ||
| 2023 | $99.97M | -59.6% | -$147.31M | ||
| 2022 | $247.28M | +190.0% | +$162.02M | ||
| 2021 | $85.26M | +9.9% | +$7.70M | ||
| 2020 | $77.56M | +66.6% | +$31.02M | ||
| 2019 | $46.55M | +47.1% | +$14.89M | ||
| 2018 | $31.65M | +196.3% | +$20.97M | ||
| 2017 | $10.68M | +326.0% | +$8.17M | ||
| 2016 | $2.51M | +4.3% | +$104,000 | ||
| 2015 | $2.40M | +5.4% | +$122,699 | ||
| 2014 | $2.28M | — | +$2.28M | ||
| 2013 | $0 | -100.0% | -$4.30M | ||
| 2012 | $4.30M | +114.8% | +$2.30M | ||
| 2011 | $2.00M | +1.6% | +$32,172 | ||
| 2010 | $1.97M | +1.9% | +$37,617 | ||
| 2009 | $1.93M | +2.4% | +$45,776 | ||
| 2008 | $1.88M | +11.1% | +$187,888 | ||
| 2007 | $1.70M | -71.1% | -$4.18M | ||
| 2006 | $5.87M | +388.0% | +$4.67M | ||
| 2005 | $1.20M | -75.7% | -$3.76M | ||
| 2004 | $4.96M | +188.8% | +$3.24M | ||
| 2003 | $1.72M | +79.5% | +$760,875 | ||
| 2002 | $956,995 | -4.6% | -$46,527 | ||
| 2001 | $1.00M | -2.9% | -$30,320 | ||
| 2000 | $1.03M | -3.1% | -$33,360 | ||
| 1999 | $1.07M | -3.2% | -$35,600 | ||
| 1998 | $1.10M | -2.8% | -$32,080 | ||
| 1997 | $1.13M | -3.7% | -$43,920 | ||
| 1996 | $1.18M | -1.8% | -$21,198 | ||
| 1995 | $1.20M | -7.7% | -$100,000 | ||
| 1994 | $1.30M | 0.0% | $0 | ||
| 1993 | $1.30M | 0.0% | $0 | ||
| 1992 | $1.30M | -7.1% | -$100,000 | ||
| 1991 | $1.40M | 0.0% | $0 | ||
| 1990 | $1.40M | — | — |
In 2025, Texas Pacific Land (TPL) dividends paid totalled $147.80M – plunged 57.4% year-over-year.
Texas Pacific Land dividends paid compound annual growth for the 2020–2025 (5 years) window is +13.8%, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Texas Pacific Land dividends paid plunged 57.4%, falling from $347.31M to $147.80M.
The dataset's maximum dividends paid sits at $347.31M (2024); the minimum reading of $0 dates to 2013.
Texas Pacific Land (TPL) sits 9th of 8 Energy peers we track on this metric, against a peer median of $3.22B.
Texas Pacific Land Dividends Paid 2025: $147.80M
Texas Pacific Land dividends paid in 2025 was $147.80M, plunged 57.4% below 2024.
Texas Pacific Land Dividends Paid 2024: $347.31M
Texas Pacific Land dividends paid in 2024 was $347.31M, surged 247.4% from 2023. This figure represents the highest annual value in the available history.
Texas Pacific Land Dividends Paid 2023: $99.97M
Texas Pacific Land dividends paid in 2023 was $99.97M, plunged 59.6% below 2022.
Texas Pacific Land Dividends Paid 2022: $247.28M
Texas Pacific Land dividends paid in 2022 was $247.28M, surged 190.0% from 2021.
Texas Pacific Land Dividends Paid 2021: $85.26M
Texas Pacific Land dividends paid in 2021 was $85.26M.
See more financial history for Texas Pacific Land (TPL).
Sector peers by dividends paid
Companies in the same sector as Texas Pacific Land, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Exxon Mobil (XOM) | $17.23B | Energy |
| Chevron (CVX) | $12.75B | Energy |
| Enbridge (ENB) | $11.27B | Energy |
| ConocoPhillips (COP) | $4.00B | Energy |
| Williams Companies (WMB) | $2.44B | Energy |
| EOG Resources (EOG) | $2.16B | Energy |
| SLB (SLB) | $1.60B | Energy |
| Valero Energy (VLO) | $1.41B | Energy |
Frequently asked questions
Does Texas Pacific Land pay dividends?
Yes, Texas Pacific Land (TPL) pays quarterly dividends of approximately $2.20 per share annually, yielding 0.55%.
What is Texas Pacific Land's dividend yield?
Texas Pacific Land (TPL) has a current dividend yield of 0.55%.
Is Texas Pacific Land's dividend safe?
Texas Pacific Land (TPL) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Texas Pacific Land increased its dividend?
Texas Pacific Land (TPL) has 0 consecutive years of dividend increases.
What is Texas Pacific Land's dividend payout ratio?
Texas Pacific Land (TPL) has a dividend payout ratio of 30.2%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Texas Pacific Land's dividends paid?
Latest reported dividends paid for Texas Pacific Land (TPL) is $110.36M (period ending March 31, 2026).
How has Texas Pacific Land dividends paid changed year-over-year?
Texas Pacific Land (TPL) dividends paid changed -57.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Texas Pacific Land dividends paid?
Texas Pacific Land (TPL) dividends paid compound annual growth rate is +13.8% over the most recent 5 years available.
When did Texas Pacific Land dividends paid hit its highest annual value?
Texas Pacific Land dividends paid reached its highest annual value of $347.31M in 2024.
What was Texas Pacific Land dividends paid in 2024?
Texas Pacific Land (TPL) dividends paid in 2024 was $347.31M.
What was Texas Pacific Land dividends paid in 2025?
Texas Pacific Land (TPL) dividends paid in 2025 was $147.80M.
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