
TXO Partners, L.P.
TXOEnergy · Oil & Gas E&P · Stock · quarterly payer
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?
MixedTXO 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-date | Change | Old → new | Move |
|---|---|---|---|
| Aug 14, 2026 | Higher | $0.360 → $0.400 | +11.1% |
| May 15, 2026 | Higher | $0.350 → $0.360 | +2.9% |
| Nov 14, 2025 | Lower | $0.450 → $0.350 | −22.2% |
| Aug 15, 2025 | Lower | $0.610 → $0.450 | −26.2% |
| Mar 14, 2025 | Higher | $0.580 → $0.610 | +5.2% |
| Nov 15, 2024 | Higher | $0.570 → $0.580 | +1.8% |
| Aug 20, 2024 | Lower | $0.650 → $0.570 | −12.3% |
| May 17, 2024 | Higher | $0.580 → $0.650 | +12.1% |
| Mar 14, 2024 | Higher | $0.520 → $0.580 | +11.5% |
| Nov 16, 2023 | Higher | $0.480 → $0.520 | +8.3% |
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.
TXO Price — Last 12 Months
Daily close
Price Return
1 Year
+14%
3 Years
-22%
5 Years
—
52-Week Range
$10.12 – $15.58
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TXO worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for TXO Partners, L.P. is $15.86 per share, versus a market price of $14.27. That implies the stock is roughly fairly priced.
Fair Value
$15.86
Current Price
$14.27
Gap
+11%
Margin of Safety
10%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 3.2% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$0.74 EPS, $1.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TXO Dividend Safety Score
Risky
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
Dividend History
Full TXO dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 21, 2026 | $0.4000 | regular |
| May 15, 2026 | May 22, 2026 | $0.3600 | regular |
| Mar 10, 2026 | Mar 17, 2026 | $0.3000 | regular |
| Nov 14, 2025 | Nov 21, 2025 | $0.3500 | regular |
| Aug 15, 2025 | Aug 22, 2025 | $0.4500 | regular |
| May 16, 2025 | May 23, 2025 | $0.6100 | regular |
| Mar 14, 2025 | Mar 21, 2025 | $0.6100 | regular |
| Nov 15, 2024 | Nov 22, 2024 | $0.5800 | regular |
| Aug 20, 2024 | Aug 27, 2024 | $0.5700 | regular |
| May 17, 2024 | May 29, 2024 | $0.6500 | regular |
| Mar 14, 2024 | Mar 28, 2024 | $0.5800 | regular |
| Nov 16, 2023 | Nov 27, 2023 | $0.5200 | regular |
| Aug 17, 2023 | Aug 25, 2023 | $0.4800 | regular |
| May 19, 2023 | May 30, 2023 | $0.5000 | regular |
Income Calculator
At $1.41 / yr per share
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