SmarterDividends
TXO

TXO Partners, L.P.

TXO

Energy · Oil & Gas E&P · Stock · quarterly payer

$14.27

Fairly valued · +11% Add to Portfolio

Forward Yield

9.88%

Annual Dividend

$1.41

Payout Ratio

563%

5-Yr Growth

—

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about TXO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, TXO Partners, L.P. (TXO) has a forward dividend yield of 9.88%, based on an annual dividend of $1.41 per share and a share price of $14.27.
  • As of Oct 27, 2026, TXO's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
  • TXO last cut its regular dividend in 2025.
  • TXO's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.40 per share.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for TXO is $15.86 per share, 11% above the $14.27 share price, so TXO screens as fairly valued.
  • TXO Partners, L.P. (TXO) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "TXO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/TXO

Summary

As of Oct 27, 2026, TXO Partners, L.P. (TXO) yields 9.88% ($1.41 a year per share) and has a dividend safety grade of D (48/100).

Is TXO a good dividend stock?

Mixed

TXO Partners, L.P. (TXO) pays a quarterly dividend yielding 9.88% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (563%)
    • Very high yield can signal elevated risk
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    9.88%
    Payout Ratio
    563%
    Annual Dividend
    $1.41
    5-Yr Avg Growth
    —
    Ex-Dividend Date
    Aug 14, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    0.03
    Market Cap
    $791.2M
    P/E Ratio
    —
    5-Yr Total Return
    —
    52-Week Range
    $10.12 – $15.58
    Dividend Safety
    D · 48/100
    Ever Cut?
    Yes (2025)

    TXO dividend changes

    TXO Partners, L.P. (TXO) pays a variable dividend: across the 14 payments on record since 2023, 7 were higher than the one before and 3 lower. The latest change was up 11.1% to $0.400 per share, going ex-dividend on Aug 14, 2026.

    Ex-dateChangeOld → newMove
    Aug 14, 2026Higher$0.360 → $0.400+11.1%
    May 15, 2026Higher$0.350 → $0.360+2.9%
    Nov 14, 2025Lower$0.450 → $0.350−22.2%
    Aug 15, 2025Lower$0.610 → $0.450−26.2%
    Mar 14, 2025Higher$0.580 → $0.610+5.2%
    Nov 15, 2024Higher$0.570 → $0.580+1.8%
    Aug 20, 2024Lower$0.650 → $0.570−12.3%
    May 17, 2024Higher$0.580 → $0.650+12.1%
    Mar 14, 2024Higher$0.520 → $0.580+11.5%
    Nov 16, 2023Higher$0.480 → $0.520+8.3%
    TXO ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →TXO dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is TXO a good dividend stock?

    Mixed. TXO Partners, L.P. (TXO) pays a quarterly dividend yielding 9.88% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is TXO undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TXO's fair value is about $15.86 versus a $14.27 share price — so it looks fairly valued (+11% vs. fair value).

    Is TXO's dividend safe?

    TXO has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is TXO's fair value?

    Our blended fair-value estimate for TXO is about $15.86 per share, roughly 11% above the current $14.27 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is TXO a buy, hold, or sell?

    We don't issue formal ratings, but on the data TXO screens as "mixed" and fairly valued. TXO Partners, L.P. (TXO) pays a quarterly dividend yielding 9.88% ($1.41/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will TXO cut its dividend?

    TXO earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does TXO pay a dividend?

    Yes. TXO Partners, L.P. pays a quarterly dividend of about $1.41 per share annually, a forward yield of roughly 9.88%.

    What is TXO's dividend yield?

    As of Oct 27, 2026, TXO's forward dividend yield is 9.88%, based on a $1.41 annual dividend and a $14.27 share price.

    What is TXO's dividend per share?

    As of Oct 27, 2026, TXO pays $1.41 per share per year, distributed on a quarterly basis.

    What is TXO's dividend payout ratio?

    As of Oct 27, 2026, TXO's payout ratio is 563% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has TXO grown its dividend?

    TXO does not currently have a long dividend-growth streak on record.

    When is the next TXO ex-dividend date?

    As of Oct 27, 2026, TXO's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.40 per share.