Texas Pacific Land Corporation (TPL) Dividend
Texas Pacific Land Corporation (TPL) currently pays a dividend yield of 0.65%, distributing $2.40 per share annually ($0.60 per quarter). The company operates in the Energy sector.
TPL has raised its dividend for 4 consecutive years.
TPL dividend at a glance
| Dividend Yield | 0.65% |
|---|---|
| Annual Dividend | $2.40 per share |
| Per Payment | $0.60 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 1, 2026 |
| Next Payment Date | December 22, 2026 |
| Payout Ratio | 30% |
| Consecutive Years of Dividend Growth | 4 |
| Sector | Energy |
| Implied Share Price (from yield) | $369.23 |
What TPL pays on a $10,000 investment
At a 0.65% yield, $10,000 invested in TPL generates about $65.00 per year, or roughly $16.25 every quarter. Share counts below use an implied price of $369.23, derived from the $2.40 annual dividend and the 0.65% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 2.7 | $6.50 | $1.63 |
| $5,000 | 13.5 | $32.50 | $8.13 |
| $10,000 | 27.1 | $65.00 | $16.25 |
| $25,000 | 67.7 | $162.50 | $40.63 |
| $100,000 | 270.8 | $650.00 | $162.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
TPL dividend payment schedule
TPL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 1, 2026, with payment on December 22, 2026. Later rows are projected forward at the same interval and will shift when Texas Pacific Land Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 1, 2026 | December 22, 2026 | $0.60 | Confirmed |
| March 1, 2027 | March 22, 2027 | $0.60 | Projected |
| June 1, 2027 | June 22, 2027 | $0.60 | Projected |
| September 1, 2027 | September 22, 2027 | $0.60 | Projected |
To collect a TPL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How TPL's dividend compares
Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.93%. TPL's 0.65% is 3.28 percentage points below that median, ranking 641st of 713 by yield.
Within Energy, where we track 49 names, the median yield is 4.47% — putting TPL below its sector.
Its 4-year run of dividend increases ranks 240th out of the 362 names in our data with an active growth streak.
What the numbers mean
TPL pays out roughly 30% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, TPL distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
TPL dividend FAQ
When is the next TPL ex-dividend date?
The next TPL ex-dividend date is December 1, 2026, with the payment scheduled for December 22, 2026. You must own shares before the ex-dividend date to receive that payment.
What is TPL's dividend yield?
TPL currently yields 0.65%, based on $2.40 in dividends per share over the past year.
How often does TPL pay dividends?
TPL pays quarterly, which works out to 4 payments per year of about $0.60 per share.
How much dividend income would $10,000 of TPL generate?
At the current 0.65% yield, $10,000 invested in TPL would produce roughly $65.00 per year, or about $16.25 per quarter, before taxes and assuming the dividend holds.
Has TPL increased its dividend?
Yes — TPL has raised its dividend for 4 consecutive years.
TPL dividend history
DivTrkr holds 59 recorded TPL dividend payments going back to 1987, with 4 consecutive complete years of increases. See the full TPL dividend history — every payment, annual totals and growth by year.
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Similar yields to TPL
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Track TPL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.