Texas Pacific Land Trust (TPL) Dividend History
The Texas Pacific Land Trust is a publicly traded land trust with its administrative office in Dallas, Texas. Owning well over 900,000 acres in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. TPL was created in February 1888 in the wake of the Texas and Pacific Railway bankruptcy, as a means to dispose of the T&P's vast land holdings. TPL received over 3,500,000 acres , and certain T&P bondholders were allowed to exchange their bonds for trust certificates. The certificates were later divided into "sub-share" certificates , and the sub-share certificates have been traded on the NYSE since January 1927.
Last update 12/11/2023
Dividend Yield Summary
| |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Dividends |
1.75 |
20.00 |
11.00 |
29.00 |
13.00 |
- |
| Average Price |
717.28 |
579.51 |
1337.10 |
1697.30 |
1690.40 |
- |
| Yield |
0.24% |
3.45% |
0.82% |
1.71% |
0.77% |
- |
• The above Dividend, Average Price, and Yield values for 2024 are year-to-date.
Dividend Dates
| Ex Dividend Date |
2023-11-30 |
| Dividend Pay Date |
|
DivInfo Metrics ™
| 52-Week Projected Earnings Per Share |
50.98 |
| 52-Week Projected Dividends Per Share |
12.96 |
| Dividend Cover |
3.93 : 1 |
| 52-Week Projected Yield |
0.84% |
| 52-Week Trailing Yield |
0.60% |
| 6-Year Average Yield |
1.24% |
| 6-Year Dividend Change |
640.57% |
| 6-Year Yearly Dividend Change |
106.76% |
|
Number of Dividend Payments
(1988-03-01 - 2023-11-30)
|
48 |
Dividend History
| Date |
Amount Per Share |
Note |
| 2023-11-30 |
$3.25 |
|
| 2023-08-31 |
$3.25 |
|
| 2023-06-07 |
$3.25 |
|
| 2023-03-07 |
$3.25 |
|
| 2022-12-07 |
$3.00 |
|
| 2022-09-07 |
$3.00 |
|
| 2022-06-07 |
$20.00 |
|
| 2022-03-07 |
$3.00 |
|
| 2021-12-07 |
$2.75 |
|
| 2021-09-07 |
$2.75 |
|
| 2021-06-07 |
$2.75 |
|
| 2021-03-05 |
$2.75 |
|
| 2020-12-10 |
$10.00 |
|
| 2020-03-06 |
$10.00 |
|
| 2019-03-07 |
$1.75 |
|
| 2018-03-08 |
$1.05 |
|
| 2017-03-07 |
$1.35 |
|
| 2016-03-07 |
$0.31 |
|
| 2015-03-05 |
$0.29 |
|
| 2014-03-04 |
$0.27 |
|
| 2013-03-04 |
$0.27 |
|
| 2012-12-12 |
$0.25 |
|
| 2012-03-02 |
$0.23 |
|
| 2011-03-02 |
$0.21 |
|
| 2010-03-10 |
$0.20 |
|
| 2009-03-10 |
$0.19 |
|
| 2008-03-05 |
$0.18 |
|
| 2007-03-05 |
$0.16 |
|
| 2006-03-03 |
$0.13 |
|
| 2004-10-06 |
$0.35 |
|
| 2004-03-03 |
$0.10 |
|
| 2003-08-22 |
$0.07 |
|
| 2003-03-05 |
$0.08 |
|
| 2002-03-06 |
$0.08 |
|
| 2001-03-07 |
$0.08 |
|
| 2000-03-06 |
$0.08 |
|
| 1999-03-04 |
$0.08 |
|
| 1998-03-05 |
$0.08 |
|
| 1997-03-05 |
$0.08 |
|
| 1996-03-07 |
$0.08 |
|
| 1995-03-06 |
$0.08 |
|
| 1994-03-07 |
$0.08 |
|
| 1993-03-05 |
$0.08 |
|
| 1992-03-06 |
$0.08 |
|
| 1991-03-06 |
$0.08 |
|
| 1990-03-06 |
$0.08 |
|
| 1989-02-28 |
$0.08 |
|
| 1988-03-01 |
$0.08 |
|
