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: |
| $1,864.17 | $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
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 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% |
| 2018-03-08 | Dividend | $4.05 | +200.00% |
| 2017-03-07 | Dividend | $1.35 | +335.48% |
| 2016-03-07 | Dividend | $0.31 | +6.90% |
| 2015-03-05 | Dividend | $0.29 | +7.41% |
| 2014-03-04 | Dividend | $0.27 | +8.00% |
| 2012-12-12 | Dividend | $0.25 | +8.70% |
| 2012-03-02 | Dividend | $0.23 | +9.52% |
| 2011-03-02 | Dividend | $0.21 | +5.00% |
| 2010-03-10 | Dividend | $0.20 | +5.26% |
| 2009-03-10 | Dividend | $0.19 | +5.56% |
| 2008-03-05 | Dividend | $0.18 | +12.50% |
| 2007-07-13 | Split | 5-1-for-1 Stock Split | N/A |
| 2007-03-05 | Dividend | $0.80 | -61.90% |
| 2006-11-22 | Dividend | $2.10 | +223.08% |
| 2006-03-03 | Dividend | $0.65 | +18.18% |
| 2005-03-04 | Dividend | $0.55 | -68.57% |
| 2004-10-06 | Dividend | $1.75 | +250.00% |
| 2004-03-03 | Dividend | $0.50 | +42.86% |
| 2003-08-22 | Dividend | $0.35 | -12.50% |
| 2003-03-05 | Dividend | $0.40 | -- |
| 2002-03-06 | Dividend | $0.40 | -- |
| 2001-03-07 | Dividend | $0.40 | -- |
| 2000-03-06 | Dividend | $0.40 | -- |
| 1999-03-04 | Dividend | $0.40 | -- |
| 1998-03-05 | Dividend | $0.40 | -- |
| 1997-03-05 | Dividend | $0.40 | -- |
| 1996-03-07 | Dividend | $0.40 | -- |
| 1995-03-06 | Dividend | $0.40 | -- |
| 1994-03-07 | Dividend | $0.40 | -- |
| 1993-03-05 | Dividend | $0.40 | -- |
| 1992-03-06 | Dividend | $0.40 | -- |
| 1991-03-06 | Dividend | $0.40 | -- |
| 1990-03-06 | Dividend | $0.40 | -- |
| 1989-02-28 | Dividend | $0.40 | -- |
| 1988-03-01 | Dividend | $0.40 | -- |
TPL Dividends vs. Peers
TPL's dividend yield currently ranks #59 of 176 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