Texas Pacific Land Trust (TPL) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, TPL's growth rate has been 0.96% over the past 5.5 years.
- If price volatilty is something you're paying attention to when building your dividend portfolio, know that TPL has less fluctuation in its price than merely 1.59% of stocks we're observing.
- As for stocks whose price is uncorrelated with TPL's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: ETR, SPNS, FENG, YY and PRPL.
TPL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $1,334.14 | $422.64 | -70.24% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TPL, the DDM model, as implemented by StockNews, implies a negative return of 70.24% relative to its current price. Digging deeper, the aspects of Texas Pacific Land Corp's dividend discount model that we found most interesting were:
- As for its position relative to other Energy stocks that issue dividends, TPL provides shareholders with a dividend yield greater than 9.52% such stocks.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Energy sector, the expected return of -70.24%, based on the stock's current share price and target price based on a dividend discount model, is greater than only 12.38% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, TPL has a discount rate lower than only 12.38% of them (a lower discount rate is associated with lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, Texas Pacific Land Corp has been increasing its dividends at a faster rate than 98.97% of US-listed dividend-issuing stocks we observed.
TPL Dividend History
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Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2025-03-03 | Dividend | $1.60 | -- |
| 2024-12-02 | Dividend | $1.60 | +36.75% |
| 2024-09-03 | Dividend | $1.17 | -88.30% |
| 2024-07-01 | Dividend | $10.00 | +754.70% |
| 2024-06-03 | Dividend | $1.17 | +200.00% |
| 2024-03-27 | Split | 3-1-for-1 Stock Split | N/A |
| 2024-02-29 | Dividend | $1.17 | -64.09% |
| 2023-11-30 | Dividend | $3.25 | -- |
| 2023-08-31 | Dividend | $3.25 | -- |
| 2023-06-07 | Dividend | $3.25 | -- |
| 2023-03-07 | Dividend | $3.25 | +8.33% |
| 2022-12-07 | Dividend | $3.00 | -- |
| 2022-09-07 | Dividend | $3.00 | -86.96% |
| 2022-06-07 | Dividend | $23.00 | +666.67% |
| 2022-03-07 | Dividend | $3.00 | +9.09% |
| 2021-12-07 | Dividend | $2.75 | -- |
| 2021-09-07 | Dividend | $2.75 | -- |
| 2021-06-07 | Dividend | $2.75 | -- |
| 2021-03-05 | Dividend | $2.75 | -54.17% |
| 2019-03-07 | Dividend | $6.00 | +48.15% |
TPL Dividends vs. Peers
TPL's dividend yield currently ranks #61 of 178 vs. its peers in the Energy - Oil & Gas category.
Looking for More Information on TPL dividends?
Want to see what other sources are saying about Texas Pacific Land Trust's dividends? Try the links below:Texas Pacific Land Trust Common Stock (TPL) Dividend History | Nasdaq
Dividend History for Texas Pacific Land Trust (TPL) - Dividend Investor
Texas Pacific Land Trust (TPL) Dividend History - Seeking Alpha