Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
Texas Pacific Land Dividend Announcement
• Texas Pacific Land announced a quarterly dividend of $1.60 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• Texas Pacific Land annual dividend for 2024 was $17.44
• Texas Pacific Land annual dividend for 2023 was $13.00
• Texas Pacific Land's trailing twelve-month (TTM) dividend yield is 0.9%
• Texas Pacific Land's payout ratio for the trailing twelve months (TTM) is 74.78%
• Texas Pacific Land's dividend growth over the last five years (2018-2023) was 26.27% year
• Texas Pacific Land's dividend growth over the last ten years (2013-2023) was 31.99% year
Texas Pacific Land Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $1.60 | quarterly | 2024-12-16 |
| 2024-09-03 | $1.17 | quarterly | 2024-12-16 |
| 2024-07-01 | $10.00 | quarterly | 2024-07-15 |
| 2024-06-03 | $1.17 | quarterly | 2024-06-17 |
| 2024-02-29 | $3.50 | quarterly | 2024-03-15 |
| 2023-11-30 | $3.25 | quarterly | 2023-12-15 |
| 2023-08-31 | $3.25 | quarterly | 2023-09-15 |
| 2023-06-07 | $3.25 | quarterly | 2023-06-15 |
| 2023-03-07 | $3.25 | quarterly | 2023-03-15 |
| 2022-12-07 | $3.00 | quarterly | 2022-12-15 |
| 2022-09-07 | $3.00 | quarterly | 2022-09-15 |
| 2022-06-07 | $23.00 | quarterly | 2022-06-15 |
| 2022-03-07 | $3.00 | quarterly | 2022-03-15 |
| 2021-12-07 | $2.75 | quarterly | 2021-12-15 |
| 2021-09-07 | $2.75 | quarterly | 2021-09-15 |
| 2021-06-07 | $2.75 | quarterly | 2021-06-15 |
| 2021-03-05 | $2.75 | quarterly | 2021-03-15 |
| 2020-12-10 | $10.00 | quarterly | 2020-12-17 |
| 2020-03-06 | $16.00 | quarterly | 2020-03-16 |
| 2019-03-07 | $5.25 | quarterly | 2019-03-15 |
| 2018-03-08 | $4.05 | quarterly | 2018-03-16 |
| 2017-03-07 | $1.35 | quarterly | 2017-03-16 |
| 2016-03-07 | $0.31 | quarterly | 2016-03-16 |
| 2015-03-05 | $0.29 | quarterly | 2015-03-16 |
| 2014-03-04 | $0.27 | quarterly | 2014-03-14 |
| 2013-03-04 | $0.81 | quarterly |
Texas Pacific Land Dividend per year
Texas Pacific Land Dividend growth
Texas Pacific Land Dividend Yield
Texas Pacific Land current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Texas Pacific Land stock? Use our calculator to estimate your expected dividend yield:
Texas Pacific Land Financial Ratios
P/E ratio82.66
PEG ratio24.80
P/B ratio35.25
ROE40.57%
Payout ratio74.78%
Current ratio12.37
Quick ratio12.37
Cash Ratio9.31
Texas Pacific Land Dividend FAQ
How much is the next Texas Pacific Land dividend?
Texas Pacific Land's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Texas Pacific Land dividend. The next Texas Pacific Land dividend will be released in March, June, August, or November.
When is Texas Pacific Land dividend paid?
Texas Pacific Land pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Texas Pacific Land pay?
The specific amount of Texas Pacific Land dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Texas Pacific Land's dividend history.
Does Texas Pacific Land stock pay dividends?
Yes, Texas Pacific Land does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Texas Pacific Land's dividend history.
How much dividend does Texas Pacific Land pay?
Texas Pacific Land paid $17.44 in 2024, $13.0 in 2023, $32.0 in 2022, $11.0 in 2021, and $26.0 in 2020.
How often does Texas Pacific Land pay dividends?
Texas Pacific Land typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, August, and November.
What is Texas Pacific Land's dividend yield?
The current dividend yield for Texas Pacific Land is 0.9%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Texas Pacific Land's exact dividend yield.
When does Texas Pacific Land go ex dividend?
Texas Pacific Land's ex-dividend date for the latest dividend was on 2024-12-02. Texas Pacific Land typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Texas Pacific Land dividend paid?
Texas Pacific Land pays dividends on a quarterly basis, typically around March, June, August, or November, but the exact dates can vary each year.
Will Texas Pacific Land increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Texas Pacific Land will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Texas Pacific Land dividend per share?
Texas Pacific Land paid $17.44 per share in 2024 and $13.0 per share in 2023. The amount of dividend per share that Texas Pacific Land pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Texas Pacific Land a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Texas Pacific Land a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Texas Pacific Land a dividend stock?
Yes, Texas Pacific Land is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Texas Pacific Land a good dividend stock?
Whether Texas Pacific Land is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Texas Pacific Land has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Texas Pacific Land as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Texas Pacific Land as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Texas Pacific Land pay dividends monthly?
Texas Pacific Land typically pays dividends on a quarterly basis.
Does Texas Pacific Land pay dividends quarterly?
Texas Pacific Land currently pays dividends on a quarterly basis.
Has Texas Pacific Land ever paid a dividend?
Yes, Texas Pacific Land has a history of paying dividends to its shareholders. Texas Pacific Land is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Texas Pacific Land dividend stocks?
To buy Texas Pacific Land you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Texas Pacific Land stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Texas Pacific Land stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Texas Pacific Land pay dividends 2024?
Texas Pacific Land pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Texas Pacific Land increase its dividend in 2024?
Decisions regarding Texas Pacific Land dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Texas Pacific Land dividend overview you can look into the above table of dividend history.
How Texas Pacific Land dividend works?
The Texas Pacific Land dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Texas Pacific Land's dividend process works:
1. Determination of Dividend: Texas Pacific Land's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Texas Pacific Land publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Texas Pacific Land distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Texas Pacific Land are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Texas Pacific Land's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Texas Pacific Land publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Texas Pacific Land distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Texas Pacific Land are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Texas Pacific Land dividends paid?
Texas Pacific Land dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Texas Pacific Land sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Texas Pacific Land distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Texas Pacific Land declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Texas Pacific Land sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Texas Pacific Land distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Texas Pacific Land declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Texas Pacific Land pay dividends?
Texas Pacific Land typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Texas Pacific Land pay dividends?
The general pattern is that Texas Pacific Land pays dividends around March, June, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Texas Pacific Land dividend safe?
The safety of Texas Pacific Land's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Texas Pacific Land's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Texas Pacific Land's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Texas Pacific Land's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Texas Pacific Land's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.