Texas Pacific Land Corporation · TPL · NYSE
Dividend report · updated Nov 10, 2026
$279.47 +0.43% on the day, +$1.19
TPL stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is TPL’s dividend Very Safe or High Risk? 12 checks scored. Payout ratio, raise streak, recession record and 9 more. Show the rating
Yearly payout / yield
$2.40·0.86%
$0.60 quarterly x 4 ⓘ
Next payment
~$0.60/qtr
pays ~Dec 3 (est.) ⓘ
Next ex-date
Dec 1est.
ex in 21 days ⓘ
Years without a cut
0 yrs
cut this year (-62.5%) ⓘ
Recession record
2000held2020raised2022raised
no cut through all three ⓘ
Yield vs history ⓘ
46
Near its usual yield
TPL share price & total return
Daily closing price, adjusted for stock splits.
TPL stock page »All dividend lists »Build a portfolio around TPL »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
TPL Dividend Growth (CAGR)
1Y -54.4%3Y -17.9%5Y +13.8%10Y +5.6%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). A red dashed stub marks a payment that was due by its usual rhythm but is not on file. Orange = special or irregular payment. Amounts before Mar 27, 2024 are restated for the 3-for-1 split. Amounts before Dec 23, 2025 are restated for the 3-for-1 split. The enlarge button shows all 63 payments since 1981.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.60 rate), not a promise. Totals include specials; the growth line leaves them out.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: -12.87% a year, its typical yearly change over the last 3 years. 1 one-off jump of 2x or more is left out. Special payments are left out. Today's $2.40 a year would be $1.44 by 2031 - 0.52% on today's $279.47 price.

How Many TPL Shares for $500 or $1,000 a Month?

At $2.40 a share a year, $500 a month takes about 2,500 TPL shares, about $698,675 at the Nov 10, 2026 close of $279.47. $1,000 a month takes about 5,000 shares, about $1,397,350. Before taxes, and only while the rate holds.

Texas Pacific Land (TPL) pays $0.60 a share quarterly, $2.40 a year, a 0.86% run-rate yield at the Nov 10, 2026 close of $279.47. It has made 63 dividend payments since 1981.

At today’s rate of $0.60 quarterly and the last close of $279.47, this is what TPL pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.60$0.20$2.40
100 shares$60.00$20.00$240.00
$10,000 invested (35.8 shares)$21.47$7.16$85.88
2,500 shares ($500/mo)$1,500.00$500.00$6,000.00
5,000 shares ($1,000/mo)$3,000.00$1,000.00$12,000.00

With DRIP on, every payment buys more shares instead of landing as cash. 100 TPL shares reinvest into 0.21 new shares each payment, about 0.9 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 466 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with TPL’s own history in the TPL DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See TPL’s rating and its 12 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (FCF): is spare cash enough to pay the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

TPL Dividend Yield Today vs Its 5-Year Range

46/100Near its usual yieldvs its 10-yr history
  • TPL yields 0.86% today, at the Nov 10, 2026 close of $279.47.
  • Its own 10-year median is 0.89%, so today’s yield is near its usual level.
  • No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 10-year history as it is.
Last 5 years: lowest to highest month-end yield
0.51% low2.99% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is TPL’s Next Dividend? Ex-Date and Pay Date After September 2026

TPL has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 1, 2026, with the cash around Dec 3, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.60 a share, went ex on Sep 1, 2026 and paid Sep 3, 2026.

  • Ex-dates: about every 91 days (quarterly)
  • Payment: usually about 2 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does TPL Pay?

TPL pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$3.40 a share, in 4 payments.
-46.9% against the 12 months before ($6.40 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Mar, Jun, Sep and Dec. Ex-dates fall in Mar, Jun, Sep and Dec (latest 4 payments).
Raise history
  • Streak: 0 years of higher annual totals (through 2025)
  • Last change: cut Mar 2, 2026 - $1.60 to $0.60 (-62.50%)
  • Last raise: Mar 7, 2022 - $0.3056 to $0.3333 (+$0.0278, +9.09%)
  • Usual $ step: $0.0022 (median of the raises before it)
Coverage
  • EPS payout: 28.2% - $2.40 paid / $8.51 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 73.0% (median of 12 earlier trailing years)
  • FCF payout: 139.8% - $2.40 paid / $1.72 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 89.9% (median of 12 earlier trailing years)

TPL vs Similar Dividend Stocks (STOSF, EXE...)

Against the 10 dividend-paying Energy companies closest to TPL in market value, TPL’s 0.86% run-rate yield is below the group’s middle yield of 3.10%, and its raise streak of 0 years is the 4th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating Recessions ⓘ No cut ⓘ
TPL $279.47Texas Pacific Land $0.60/qtr$2.40/yr fwd 0.86% Dividend Safety Rating: paid plans only No cut in all 32000 held2020 raised2022 raisedno 2008 record 0 yrsno raise streak
STOSF $5.86Santos $0.116/half-yr$0.23/yr fwd 3.96% Dividend Safety Rating: paid plans only — 3+ yrsno raise streak
EXE $85.96Expand Energy $0.575/qtr$2.30/yr fwd 2.68% Dividend Safety Rating: paid plans only — 2 yrsno raise streak
PR $21.52Permian Resources $0.16/qtr$0.64/yr fwd 2.97% Dividend Safety Rating: paid plans only — 2+ yrsno raise streak
PEXNY $9.15PTT Exploration and Production Public Company Limited $0.268/half-yr$0.54/yr fwd 5.86% Dividend Safety Rating: paid plans only — 10 yrsraised 1 yr in a row
DINO $99.76HF Sinclair $0.525/qtr$2.10/yr fwd 2.11% Dividend Safety Rating: paid plans only — 3+ yrsno raise streak
TRMLF $44.76Tourmaline Oil $0.36/qtr$1.44/yr fwd 3.22% Dividend Safety Rating: paid plans only — 4+ yrsno raise streak
WES $41.00Western Midstream Partners, LP $0.93/qtr$3.72/yr fwd 9.07% Dividend Safety Rating: paid plans only Cut in 20202020 cut2022 raisedno 2000/2008 record 5 yrsraised 4 yrs in a row
PAA $23.60Plains All American Pipeline, L.P. $0.4175/qtr$1.67/yr fwd 7.08% Dividend Safety Rating: paid plans only Cut in 20202000 raised2008 raised2020 cut2022 raised 5 yrsraised 4 yrs in a row
OVV $60.51Ovintiv $0.30/qtr$1.20/yr fwd 1.98% Dividend Safety Rating: paid plans only No cut in all 32008 held2020 raised2022 raisedno 2000 record 9 yrsno raise streak
APA $44.55APA $0.25/qtr$1.00/yr fwd 2.24% Dividend Safety Rating: paid plans only Cut in 20202000 raised2008 held2020 cut2022 raised 5 yrsno raise streak

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: TPL vs STOSF, TPL vs EXE, TPL vs PR.

TPL Dividend History: Every Payment Since 1981

Ex-datePay dateAmountFrequencyType
Sep 1, 2026Sep 3, 2026$0.60QuarterlyRegular
Jun 1, 2026Jun 3, 2026$0.60QuarterlyRegular
Mar 2, 2026Mar 4, 2026$0.60QuarterlyRegular
Dec 1, 2025Dec 3, 2025$1.60QuarterlyRegular
Sep 2, 2025Sep 4, 2025$1.60QuarterlyRegular
Jun 2, 2025Jun 4, 2025$1.60QuarterlyRegular
Mar 3, 2025Mar 5, 2025$1.60QuarterlyRegular
Dec 2, 2024Dec 4, 2024$1.60QuarterlyRegular
Sep 3, 2024Sep 5, 2024$1.17QuarterlyRegular
Jul 1, 2024Jul 3, 2024$10.00QuarterlySpecial
The other 53 TPL payments come with a paid plan.
Show all 63 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for TPL

UnlockDividend Safety Rating: paid plans only
See where TPL lands, and why.
See the rating & factors »
Own TPL? Your payouts fill in by themselves Add TPL once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track TPL →

TPL Dividend Questions

How often does TPL pay dividends?

TPL pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Mar, Jun, Sep and Dec. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.

Does TPL pay dividends monthly?

No. TPL pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next TPL dividend?

TPL has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Dec 1, 2026, with the cash around Dec 3, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.60 a share, went ex on Sep 1, 2026 and paid Sep 3, 2026. The current rate is $0.60 per share, $2.40 a year.

Does TPL pay a dividend in December 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Dec 1, 2026, with the cash around Dec 3, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.

How much does TPL pay per share?

TPL pays $0.60 a share quarterly, $2.40 a year. At the Nov 10, 2026 close of $279.47 that is a 0.86% run-rate yield, near its usual level: its own 10-year median is 0.89%.

Has TPL raised its dividend?

TPL has no current streak of yearly raises. The latest raise, on Mar 7, 2022, took the rate from $0.3056 to $0.3333 (+9.09%). Since then the rate was cut on Mar 2, 2026, from $1.60 to $0.60. Over five years the dividend grew 13.8% a year.

Is TPL’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. TPL paid out 28% of its earnings and 140% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. Through the market crashes: it raised the dividend through the 2020 and 2022 crashes; it held it through 2000. There is no 2008 record on file. This is data, not investment advice. The full 12-check rating comes with a plan.

How do I track my TPL dividends?

Add TPL to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run TPL in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 10, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 12 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.