Texas Pacific Land's dividends per share for the
three
months ended in Dec. 2023 was $1.08. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.33. Its Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.22. As of today, Texas Pacific Land's Dividend Yield % is 0.74%.
During the past 12 months, Texas Pacific Land's average Dividends Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 69.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 63.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Texas Pacific Land was 205.40% per year. The lowest was -15.40% per year. And the median was 13.60% per year.
For more information regarding to dividend, please check our Dividend Page.
Texas Pacific Land Dividends per Share Historical Data
The historical data trend for Texas Pacific Land's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Texas Pacific Land's Dividends per Share
For the Oil & Gas E&P subindustry, Texas Pacific Land's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Texas Pacific Land's Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's Dividend Yield % falls into.
Texas Pacific Land Dividends per Share Calculation
Dividends paid to per common share.
Texas Pacific Land (NYSE:TPL) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Texas Pacific Land's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Texas Pacific Land was 0.44. The lowest was 0.03. And the median was 0.06.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Texas Pacific Land Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.167
2024-02-29
2024-03-01
2024-03-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.083
2023-11-30
2023-12-01
2023-12-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.083
2023-08-31
2023-09-01
2023-09-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.083
2023-06-07
2023-06-08
2023-06-15
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Texas Pacific Land's Dividend Yield (%) for Today is calculated as
Current Share Price is $595.67.
Texas Pacific Land's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.416.
During the past 13 years, the highest Dividend Yield of Texas Pacific Land was 2.23%. The lowest was 0.06%. And the median was 0.23%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Texas Pacific Land Dividends per Share Related Terms
Thank you for viewing the detailed overview of Texas Pacific Land's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Texas Pacific Land (Texas Pacific Land) Business Description
Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPL has been successfully added to your 