# Texas Pacific Land Corporation (TPL): Dividend & Fundamentals

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- Sector: Energy · Industry: Oil & Gas Exploration & Production
- Exchange: NYSE · Trading currency: USD

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various e...

## Quote & Key Metrics

As of 2026-10-22:

| Metric | Value |
|---|---|
| Price | $333.67 USD |
| Market Cap | $23.01B |
| P/E (TTM) | 42.51 |
| EPS (TTM) | $7.85 |
| 52-Week Range | $269.23 – $547.20 |
| Dividend Yield (TTM) | 0.70% |

## Dividend

| Metric | Value |
|---|---|
| Yield (TTM) | 0.70% |
| Annual Dividend (TTM) | $2.33 /share |
| Annual Dividend (Forward) | $2.40 /share |
| Frequency | Quarterly |
| Consecutive Growth Streak | 3 years |
| Growth CAGR 1Y / 3Y / 5Y / 10Y | 12.5% / 18.4% / -26.2% / 22.7% |
| Payout Ratio (EPS, TTM) | 28.9% |
| Payout Ratio (FCF, TTM) | 29.7% |
| Payout Ratio (EPS, forward dividend) | 30.6% |
| Payout Ratio (FCF, forward dividend) | 31.4% |

### Recent Payments

| Ex-Date | Amount | Pay Date |
|---|---|---|
| 2026-09-01 | $0.6000 | 2026-09-15 |
| 2026-06-01 | $0.6000 | 2026-06-15 |
| 2026-03-02 | $0.6000 | 2026-03-16 |
| 2025-12-01 | $0.5333 | 2025-12-15 |
| 2025-09-02 | $0.5333 | 2025-09-16 |
| 2025-06-02 | $0.5333 | 2025-06-16 |
| 2025-03-03 | $0.5333 | 2025-03-17 |
| 2024-12-02 | $0.5333 | 2024-12-16 |
| 2024-09-03 | $0.3900 | 2024-09-17 |
| 2024-07-01 | $3.3333 | 2024-07-15 |
| 2024-06-03 | $0.3900 | 2024-06-17 |
| 2024-02-29 | $0.3889 | 2024-03-15 |

Full history: https://www.dividenddata.com/stocks/tpl/dividend

## Frequently Asked Questions

### What does Texas Pacific Land Corporation do?

Texas Pacific Land Corporation (TPL) operates in the Oil & Gas Exploration & Production industry within the Energy sector. Full company description, peers, and segment breakdown are on the page above.

### What is TPL's market cap?

Texas Pacific Land Corporation (TPL) has a market capitalization of approximately $23.01 billion, as of October 22, 2026, based on the most recent share price and shares outstanding.

### Does TPL pay a dividend?

Yes, Texas Pacific Land Corporation (TPL) pays a dividend quarterly, with a trailing-twelve-month yield of 0.70%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

### How often does TPL pay dividends?

Texas Pacific Land Corporation pays dividends quarterly. The forward annual rate is $2.40 per share at the current declared cadence. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is TPL's payout ratio?

Texas Pacific Land Corporation's payout ratio is the percentage of earnings (and free cash flow) returned to shareholders as dividends. Current EPS and FCF coverage are shown in the payout cards above, with green / amber / red coloring indicating sustainability.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/stocks/tpl
- Dividend history & safety: https://www.dividenddata.com/stocks/tpl/dividend
- Earnings & EPS: https://www.dividenddata.com/stocks/tpl/earnings
- Financial statements: https://www.dividenddata.com/stocks/tpl/financials/income
- Valuation multiples: https://www.dividenddata.com/stocks/tpl/valuation
- Peer comparison: https://www.dividenddata.com/stocks/tpl/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.