Is Texas Pacific Land Corporation a good dividend stock?

Texas Pacific Land Corporation (TPL) is a dividend-paying stock with a current dividend yield of 0.57%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is TPL's dividend yield?

The dividend yield for TPL stock is currently 0.57%.

How much does TPL pay in dividends per year?

Texas Pacific Land Corporation pays an annual dividend of $2.2667 per share over the trailing twelve months.

How often does TPL pay dividends?

TPL stock pays dividends quarterly.

Is TPL's dividend growing?

Texas Pacific Land Corporation's 3-year dividend CAGR is 17.74%.

TPL Stock Price, Chart, Stats & News

Texas Pacific Land Corporation

Save

Overview Dividend safety Dividends Fundamentals

Texas Pacific Land Corporation (TPL) is a dividend-paying stock with a current dividend yield of 0.57% as of Jul 10, 2026. It pays $2.27 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 5.65% 5-year compound annual rate.

27.44B

Market cap

54.50x

Current P/E

42.37x

Forward P/E

0.57%

Dividend yield

$2.27

TPL dividend

Dividend safety

Strong

Dividend coverage looks healthy — TPL pays out about 31% of earnings.

See the safety analysis

TPL chart

Loading chart...

Fundamentals

Gross margin	100.00%
Operating margin	74.19%
Pretax margin	76.46%
Net margin	60.31%
Effective tax rate	21.13%
ROA	29.65%
ROE	36.18%
D/E	0.02x
Interest coverage ratio	–

All financials

TPL valuation

P/E	54.50x
P/S	44.20x
P/B	24.19x
P/CF	64.63x
P/FCF	72.54x
P/OCF	64.63x
PEG	72.36x
EV multiple	54.00x

About

Energy

Sector

Oil & Gas Exploration & Production

Industry

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests.