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 07/24/2021


Dividend Yield Summary

  2016 2017 2018 2019 2020 2021
Dividends 0.31 1.35 1.05 1.75 20.00 5.50
Average Price 189.83 341.02 649.89 717.28 579.51 1351.38
Yield 0.16% 0.40% 0.16% 0.24% 3.45% 0.41%
• The above Dividend, Average Price, and Yield values for 2021 are year-to-date.

Dividend Dates

Ex Dividend Date 2021-06-07
Dividend Pay Date

DivInfo Metrics ™

52-Week Projected Earnings Per Share 21.75
52-Week Projected Dividends Per Share 5.49
Dividend Cover 3.96 : 1
52-Week Projected Yield 0.36%
52-Week Trailing Yield 1.59%
6-Year Average Yield 0.78%
6-Year Dividend Change 1670.97%
6-Year Yearly Dividend Change 278.49%
Number of Dividend Payments (1988-03-01 - 2021-06-07) 38

Dividend History

Date Amount Per Share Note
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