Texas Pacific Land Trust Stock Dividends
TPL pays dividends quarterly. Last paid amount was $3.50 at Mar 15, 2024. As of today, dividend yield (TTM) is 2.34%.
Dividend Yield Range
AI Analysis of TPL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.34% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 7.69% |
| Payout Ratio | 0 |
| Amount Per Share | $3.50 |
| Next Ex-Dividend Date | Jun 03, 2024 |
| Next Payment Date | Jun 17, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TPL the purchase should be done within the next 22 days.
Here's a simple guide on how to buy TPL stock.
TPL Dividend Payout History
To ensure a understanding of TPL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Nov 04, 2021 | Dec 07, 2021 | Dec 15, 2021 | $2.75 | 0.667% |
| 12 | Aug 05, 2021 | Sep 07, 2021 | Sep 15, 2021 | $2.75 | 0.659% |
| 13 | May 06, 2021 | Jun 07, 2021 | Jun 15, 2021 | $2.75 | 0.536% |
| 14 | Feb 25, 2021 | Mar 05, 2021 | Mar 15, 2021 | $2.75 | 0.530% |
| 15 | Nov 23, 2020 | Dec 10, 2020 | Dec 17, 2020 | $10.00 | 4.15% |
| 16 | Feb 24, 2020 | Mar 06, 2020 | Mar 16, 2020 | $16.00 | 11.71% |
| 17 | Feb 26, 2019 | Mar 07, 2019 | Mar 15, 2019 | $6.00 | 2.47% |
| 18 | Feb 22, 2018 | Mar 08, 2018 | Mar 16, 2018 | $4.05 | 2.30% |
| 19 | Feb 21, 2017 | Mar 07, 2017 | Mar 16, 2017 | $1.35 | 1.49% |
| 20 | Feb 25, 2016 | Mar 07, 2016 | Mar 16, 2016 | $0.310 | 0.617% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TPL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TPL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TPL stock here.
Comparing TPL to Sector and Country
TPL pays a solid dividend yield of 2.34%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.42%). TPL’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.08%), which means that there are more attractive dividend stocks to consider.
TPL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Pembina Pipeline Corp | 20.133B | $0.494 | 6.06% | 88.91% | |
| Tenaris SA | 20.69B | $0.400 | 3.94% | 18.05% | |
| Texas Pacific Land Trust | 14.154B | $3.50 | 2.34% | 23.49% |
