TPL Dividend History & Yield

Texas Pacific Land Corporation · NYSE

Stock Energy Quarterly payer
$381.90
+5.37% today
as of Sep 9, 2026
TTM yield
0.61%
$2.3333/share over the last 12 months
Forward yield
0.63%
$2.40/share indicated annual rate
Annual dividend
$2.40
per share, forward
Per payment
$0.60
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Dec 1, 2026 Estimated
in 83 days
Next pay date
Dec 15, 2026
in 97 days
Last ex-dividend date
Sep 1, 2026
$0.60 per share
Payout ratio
29%
of earnings
Market cap
26.3B
P/E 48.8
5y dividend CAGR
+20.5%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
39.5
since Feb 26, 1987
1y total return
+23.5%
price +22.7% + dividends 0.7%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Dec 1, 2026 (in 83 days) Dec 15, 2026 $0.60 $60.00 Estimated
Tue, Mar 2, 2027 (in 174 days) Mar 16, 2027 $0.60 $60.00 Estimated
Tue, Jun 1, 2027 (in 265 days) Jun 15, 2027 $0.60 $60.00 Estimated
Tue, Aug 31, 2027 (in 356 days) Sep 14, 2027 $0.60 $60.00 Estimated

Estimated dates and amounts are projected from TPL's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.40 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Mar 3, 2006 to Sep 1, 2026; most recent $0.60$0.00$2.00$4.00Mar 3, 2006: $0.0144Mar '06Mar 5, 2007: $0.0178Mar 5, 2008: $0.02Mar 10, 2009: $0.0211Mar 10, 2010: $0.0222Mar 2, 2011: $0.0233Mar '11Mar 2, 2012: $0.0256Dec 12, 2012: $0.0278Mar 4, 2014: $0.03Mar 5, 2015: $0.0322Mar 7, 2016: $0.0344Mar '16Mar 7, 2017: $0.15Mar 8, 2018: $0.45Mar 7, 2019: $0.6667Mar 6, 2020: $1.7778Dec 10, 2020: $1.1111 (special)Dec '20Mar 5, 2021: $0.3056Jun 7, 2021: $0.3056Sep 7, 2021: $0.3056Dec 7, 2021: $0.3056Mar 7, 2022: $0.3333Mar '22Jun 7, 2022: $2.5556 (special)Sep 7, 2022: $0.3333Dec 7, 2022: $0.3333Mar 7, 2023: $0.3611Jun 7, 2023: $0.3611Jun '23Aug 31, 2023: $0.3611Nov 30, 2023: $0.3611Feb 29, 2024: $0.3889Jun 3, 2024: $0.39Jul 1, 2024: $3.3333 (special)Jul '24Sep 3, 2024: $0.39Dec 2, 2024: $0.5333Mar 3, 2025: $0.5333Jun 2, 2025: $0.5333Sep 2, 2025: $0.5333Sep '25Dec 1, 2025: $0.5333Mar 2, 2026: $0.60Jun 1, 2026: $0.60Sep 1, 2026: $0.60

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $0.15$0.1520172018: $0.45$0.4520182019: $0.6667$0.666720192020: $1.7778$1.777820202021: $1.2222$1.222220212022: $1.00$1.0020222023: $1.4444$1.444420232024: $1.7022$1.702220242025: $2.1333$2.133320252026 (YTD): $1.80$1.802026 YTD

How much TPL do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month500$190,950$1,200
$500 / month2,500$954,750$6,000
$1,000 / month5,000$1,909,500$12,000

Based on the forward yield of 0.63%. $10,000 in TPL would currently pay about $63 a year ($5 a month on average). Model reinvestment and growth →

TPL dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Sep 1, 2026 $0.60 +0.0%
Jun 1, 2026 $0.60 +0.0%
Mar 2, 2026 $0.60 +12.5%
Dec 1, 2025 $0.5333 +0.0%
Sep 2, 2025 $0.5333 +0.0%
Jun 2, 2025 $0.5333 +0.0%
Mar 3, 2025 $0.5333 +0.0%
Dec 2, 2024 $0.5333 +36.8%
Sep 3, 2024 $0.39 +0.0%
Jul 1, 2024 $3.3333 Special
Jun 3, 2024 $0.39 +0.3%
Feb 29, 2024 $0.3889 +7.7%
Nov 30, 2023 $0.3611 +0.0%
Aug 31, 2023 $0.3611 +0.0%
Jun 7, 2023 $0.3611 +0.0%
Mar 7, 2023 $0.3611 +8.3%
Dec 7, 2022 $0.3333 +0.0%
Sep 7, 2022 $0.3333 +0.0%
Jun 7, 2022 $2.5556 Special
Mar 7, 2022 $0.3333 +9.1%
Dec 7, 2021 $0.3056 +0.0%
Sep 7, 2021 $0.3056 +0.0%
Jun 7, 2021 $0.3056 +0.0%
Mar 5, 2021 $0.3056 -82.8%
Dec 10, 2020 $1.1111 Special
Mar 6, 2020 $1.7778 +166.7%
Mar 7, 2019 $0.6667 +48.1%
Mar 8, 2018 $0.45 +200.0%
Mar 7, 2017 $0.15 +335.5%
Mar 7, 2016 $0.0344 +6.9%
Mar 5, 2015 $0.0322 +7.4%
Mar 4, 2014 $0.03 +8.0%
Dec 12, 2012 $0.0278 +8.7%
Mar 2, 2012 $0.0256 +9.5%
Mar 2, 2011 $0.0233 +5.0%
Mar 10, 2010 $0.0222 +5.3%
Mar 10, 2009 $0.0211 +5.6%
Mar 5, 2008 $0.02 +12.5%
Mar 5, 2007 $0.0178 +23.1%
Mar 3, 2006 $0.0144 -62.9%
Oct 6, 2004 $0.0389 +250.0%
Mar 3, 2004 $0.0111 +42.9%
Aug 22, 2003 $0.0078 -12.5%
Mar 5, 2003 $0.0089 +0.0%
Mar 6, 2002 $0.0089 +0.0%
Mar 7, 2001 $0.0089 +0.0%
Mar 6, 2000 $0.0089 +0.0%
Mar 4, 1999 $0.0089 +0.0%
Mar 5, 1998 $0.0089 +0.0%
Mar 5, 1997 $0.0089 +0.0%
Mar 7, 1996 $0.0089 +0.0%
Mar 6, 1995 $0.0089 +0.0%
Mar 7, 1994 $0.0089 +0.0%
Mar 5, 1993 $0.0089 +0.0%
Mar 6, 1992 $0.0089 +0.0%
Mar 6, 1991 $0.0089 +0.0%
Mar 6, 1990 $0.0089 +0.0%
Feb 28, 1989 $0.0089 +0.0%
Mar 1, 1988 $0.0089 +0.0%
Feb 26, 1987 $0.0089

TPL dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Mar 2, 2026 Raised 12.5% $0.5333 $0.60 Paid

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

TPL scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Texas Pacific Land Corporation

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land.

Sector: Energy. Industry: Oil & Gas E&P. First dividend on our records: Feb 26, 1987. 60 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

TPL dividend FAQ

When is TPL's next ex-dividend date?

TPL's next ex-dividend date is Dec 1, 2026 (in 83 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.60 per share, expected on Dec 15, 2026.

How often does TPL pay dividends?

TPL pays dividends every quarter, 4 times a year. The most recent payment was $0.60 per share with an ex-date of Sep 1, 2026.

What is TPL's dividend yield?

TPL's trailing 12-month dividend yield is 0.61%, based on $2.3333 per share paid over the last year and a share price of $381.90. The forward yield, using the indicated annual rate of $2.40 per share, is 0.63%.

How much does TPL pay per share?

TPL pays about $0.60 per share each quarter, which works out to roughly $2.40 per share a year. 100 shares would collect about $240.00 a year.

Has TPL grown or cut its dividend?

Over the last 5 years the regular payout has grown at 20.5% a year (+9.4% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of TPL do I need to earn $100 a month?

At the current forward yield of 0.63%, you would need about 500 shares of TPL (roughly $190,950 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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