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TXO Partners LP (TXO Partners LP) Dividend Yield % : 10.94% (As of May. 08, 2024)


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What is TXO Partners LP Dividend Yield %?

As of today (2024-05-08), the Trailing Annual Dividend Yield of TXO Partners LP is 10.94%.

Good Sign:

TXO Partners LP stock dividend yield is close to 1-year high.

The historical rank and industry rank for TXO Partners LP's Dividend Yield % or its related term are showing as below:

TXO' s Dividend Yield % Range Over the Past 10 Years
Min: 2.22   Med: 5.33   Max: 10.94
Current: 10.94

During the past 4 years, the highest Dividend Yield of TXO Partners LP was 10.94%. The lowest was 2.22%. And the median was 5.33%.

TXO's Dividend Yield % is ranked better than
91.31% of 495 companies
in the Oil & Gas industry
Industry Median: 4.01 vs TXO: 10.94

TXO Partners LP's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 4 years, the highest Dividend Payout Ratio of TXO Partners LP was 0.38. The lowest was 0.38. And the median was 0.38.

As of today (2024-05-08), the Forward Dividend Yield % of TXO Partners LP is 10.94%.

TXO Partners LP's Dividends per Share for the three months ended in Dec. 2023 was $0.52.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


TXO Partners LP Dividend Yield % Historical Data

The historical data trend for TXO Partners LP's Dividend Yield % 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.

* Premium members only.

TXO Partners LP Dividend Yield % Chart

TXO Partners LP Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - 8.25

TXO Partners LP Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 2.31 4.83 8.25

Competitive Comparison of TXO Partners LP's Dividend Yield %

For the Oil & Gas E&P subindustry, TXO Partners LP'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.


TXO Partners LP's Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TXO Partners LP's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where TXO Partners LP's Dividend Yield % falls into.



TXO Partners LP Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

TXO Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5800002024-03-142024-03-152024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.5200002023-11-162023-11-172023-11-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.4800002023-08-172023-08-182023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.5000002023-05-192023-05-222023-05-30Cash DividendquarterlyUSD: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.

TXO Partners LP's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.08/19.02
=10.94 %

Current Share Price is $19.02.
TXO Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.08.

TXO Partners LP's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.32/19.02
=12.20 %

Current Share Price is $19.02.
TXO Partners LP's Dividends per Share for the forward twelve months is calculated as $0.58 * 4 = $2.32.

* 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.


TXO Partners LP  (NYSE:TXO) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


TXO Partners LP Dividend Yield % Related Terms

Thank you for viewing the detailed overview of TXO Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


TXO Partners LP (TXO Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
400 West 7th Street, Fort Worth, TX, USA, 76102
TXO Partners LP is focused on the acquisition, development, optimization and exploitation of oil, natural gas, and natural gas liquid reserves in North America.
Executives
Phillip R Kevil director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
Bob R Simpson director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Keith A Hutton director, 10 percent owner, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Adams William H Iii director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Global Endowment Management, Lp 10 percent owner 224 W TREMONT AVE, CHARLOTTE NC 28203
Lkcm Investment Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Private Discipline Master Fund, Spc 10 percent owner PO BOX 309GT, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 00000
King J Luther Jr director, 10 percent owner, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Brent W. Clum director, officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Scott T. Agosta officer: See Remarks, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 W. 7TH STREET, FORT WORTH TX 76102
Richard Jacob Settle director, other: See Remarks C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102