Texas Pacific Land Corporation
TPLEnergy · Stock · quarterly payer
$406.73
Add to PortfolioForward Yield
0.59%
Annual Dividend
$2.40
Payout Ratio
30%
5-Yr Growth
-18.1%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
TPL Dividend Safety Score
68/ 100
Grade B
Safe
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage30% of earnings paid out
Balance-sheet strengthDebt/equity of 1.16
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TPL a good dividend stock?
Yes, with caveatsTexas Pacific Land Corporation (TPL) pays a quarterly dividend yielding 0.59% ($2.40/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (30%)
- 123% total price return over 5 years
Risks
- Cut its dividend in 2021
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 0.59%
- Payout Ratio
- 30%
- Annual Dividend
- $2.40
- 5-Yr Avg Growth
- -18.1%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.61
- Market Cap
- $28.1B
- P/E Ratio
- 55.9
- 5-Yr Total Return
- 123%
- 52-Week Range
- $269.23 – $547.20
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.6000 | regular |
| Mar 2, 2026 | — | $0.6000 | regular |
| Dec 1, 2025 | — | $0.5333 | regular |
| Sep 2, 2025 | — | $0.5333 | regular |
| Jun 2, 2025 | — | $0.5333 | regular |
| Mar 3, 2025 | — | $0.5333 | regular |
| Dec 2, 2024 | — | $0.5333 | regular |
| Sep 3, 2024 | — | $0.3900 | regular |
| Jul 1, 2024 | — | $3.3333 | regular |
| Jun 3, 2024 | — | $0.3900 | regular |
| Feb 29, 2024 | — | $0.3889 | regular |
| Nov 30, 2023 | — | $0.3611 | regular |
| Aug 31, 2023 | — | $0.3611 | regular |
| Jun 7, 2023 | — | $0.3611 | regular |
Income Calculator
At $2.40 / yr per share
Per payment (quarterly)$60.00
Annual$240.00
Monthly avg$20.00
