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TPL (Texas Pacific Land) 5-Year Dividend Growth Rate : 69.40% (As of Jun. 2024)


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What is Texas Pacific Land 5-Year Dividend Growth Rate?

Texas Pacific Land's Dividends per Share for the three months ended in Jun. 2024 was $1.17.

During the past 12 months, Texas Pacific Land's average Dividends Per Share Growth Rate was 8.10% 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.

Texas Pacific Land's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.24. As of today, Texas Pacific Land's Dividend Yield % is 0.40%.

Warning Sign:

Texas Pacific Land Corp stock dividend yield is close to 3-year low.

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


Competitive Comparison of Texas Pacific Land's 5-Year Dividend Growth Rate

For the Oil & Gas E&P subindustry, Texas Pacific Land's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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 5-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's 5-Year Dividend Growth Rate falls into.



Texas Pacific Land 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

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.


Texas Pacific Land  (NYSE:TPL) 5-Year Dividend Growth Rate 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 Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=1.17/ 4.98
=0.23

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 1.1700002024-09-032024-09-032024-09-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.1700002024-06-032024-06-032024-06-17Cash DividendquarterlyUSD:USD 1.000000
USD 1.1666672024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0833332023-11-302023-12-012023-12-15Cash 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.

Texas Pacific Land's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.59/1166.00
=0.39 %

Current Share Price is $1166.00.
Texas Pacific Land's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.59.

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 0.24%.

Warning Sign:

Texas Pacific Land Corp stock dividend yield is close to 3-year low.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Texas Pacific Land's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Pacific Land Business Description

Industry
Traded in Other Exchanges
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Texas Pacific Land Corp is mainly engaged in the 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 of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
Executives
Murray Stahl director C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Horizon Kinetics Asset Management Llc 10 percent owner 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Donald G Cook director 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Rhys J Best director MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Micheal W. Dobbs officer: Senior VP, Secretory + GC 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Stephanie Buffington officer: Chief Accounting Officer
Dana F. Mcginnis director 112 E PECAN STREET, SUITE 1425, SAN ANTONIO TX 78025
Barbara J Duganier director 6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Norris John R Iii director 3811 TURTLE CREEK BLVD #400, C/O CALOWAY NORRIS & BURDETTE, DALLAS TX 75219
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Chris Steddum officer: Chief Financial Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Tyler Glover director, officer: President & CEO 1700 PACIFIC AVENUE, SUITE 2770, C/O TEXAS PACIFIC LAND TRUST, DALLAS TX 75201
David E. Barry director C/O SIDRA REAL ESTATE, INC., TWO RIVERWAY, SUITE 1010, HOUSTON TX 77056