Dividend Payout Ratio: 31.08%
Is the dividend payout ratio high or low?
The dividend payout ratio of 31.08% is 33% above its 5-year average of 23.43%, near the high end of its 5-year range (10.38%–39.22%).
As of Sunday, June 28, 2026. 0.42% above its 12-month average of 30.95%.
Dividend Payout Ratio (31.08%) = TTM Dividends/Share ($2.27) / TTM EPS ($7.29)
TPL Dividend Payout Ratio (TTM) Chart
TPL Average Dividend Payout Ratio Chart
TPL Current vs Average Dividend Payout Ratio Chart
TPL Dividend Payout Ratio Metrics
DIVIDEND PAYOUT RATIO
31.08%
DIVIDEND PAYOUT RATIO AVG TTM
30.95%
DIVIDEND PAYOUT RATIO AVG 3Y
24.75%
DIVIDEND PAYOUT RATIO AVG 5Y
23.43%
DIVIDEND PAYOUT RATIO AVG 10Y
32.57%
DIVIDEND PAYOUT RATIO AVG 15Y
20.92%
DIVIDEND PAYOUT RATIO AVG 20Y
19.33%
CURRENT VS TTM AVG
+0.42%
CURRENT VS 3Y AVG
+25.57%
CURRENT VS 5Y AVG
+32.64%
CURRENT VS 10Y AVG
-4.57%
CURRENT VS 15Y AVG
+48.56%
CURRENT VS 20Y AVG
+60.82%
Annual Payout Ratio History
| Year | EPS | Dividend | Payout Ratio |
|---|---|---|---|
| 2025 | $6.98 | $2.13 | 30.6% |
| 2024 | $6.58 | $1.31 | 19.9% |
| 2023 | $5.87 | $1.44 | 24.6% |
| 2022 | $6.42 | $0.67 | 10.4% |
| 2021 | $3.87 | $1.22 | 31.6% |
| 2020 | $2.52 | $1.78 | 70.5% |
| 2019 | $4.57 | $0.67 | 14.6% |
| 2018 | $2.99 | $1.35 | 45.1% |
| 2017 | $1.38 | $1.35 | 98.1% |
| 2016 | $0.59 | $0.03 | 5.9% |
| 2015 | $0.68 | $0.03 | 4.8% |
| 2014 | $0.46 | $0.03 | 6.5% |
| 2013 | $0.35 | $0.00 | 0.0% |
| 2012 | $0.73 | $0.03 | 3.5% |
| 2011 | $0.25 | $0.02 | 9.5% |
| 2010 | $0.13 | $0.02 | 17.1% |
| 2009 | $0.08 | $0.02 | 27.5% |
| 2008 | $0.12 | $0.02 | 17.0% |
| 2007 | $0.09 | $0.00 | 0.0% |
| 2006 | $0.12 | $0.01 | 12.0% |
| 2005 | $0.09 | $0.00 | 0.0% |
| 2004 | $0.18 | $0.04 | 22.2% |
| 2003 | $0.05 | $0.01 | 17.1% |
| 2002 | $0.05 | $0.01 | 19.1% |
| 2001 | $0.06 | $0.01 | 14.3% |
| 2000 | $0.03 | $0.01 | 27.2% |
| 1999 | $0.02 | $0.01 | 36.0% |
| 1998 | $0.05 | $0.01 | 18.0% |
| 1997 | $0.05 | $0.01 | 16.7% |
| 1996 | $0.03 | $0.01 | 27.6% |
Dividend Payout Ratio Formula & Definition
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Dividend Payout Ratio FAQ
- What is the dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The dividend payout ratio for TPL stock is 31.08%.
- Is Texas Pacific Land Corporation's dividend payout ratio high or low?
- The dividend payout ratio of 31.08% is 33% above its 5-year average of 23.43%, near the high end of its 5-year range (10.38%–39.22%).
- What is the TTM average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The TTM average dividend payout ratio for TPL stock is 30.95%.
- What is the 3Y average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The 3Y average dividend payout ratio for TPL stock is 24.75%.
- What is the 5Y average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The 5Y average dividend payout ratio for TPL stock is 23.43%.
- What is the 10Y average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The 10Y average dividend payout ratio for TPL stock is 32.57%.
- What is the 15Y average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The 15Y average dividend payout ratio for TPL stock is 20.92%.
- What is the 20Y average dividend payout ratio for Texas Pacific Land Corporation (TPL)?
- The 20Y average dividend payout ratio for TPL stock is 19.33%.
TPL Dividend Payout Ratio History
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-06-26 | 31.08% |
| 2026-06-25 | 31.08% |
| 2026-06-23 | 31.08% |
| 2026-06-18 | 31.08% |
| 2026-06-16 | 31.08% |
| 2026-06-12 | 31.08% |
| 2026-06-10 | 31.08% |
| 2026-06-08 | 31.08% |
| 2026-06-04 | 31.08% |
| 2026-06-02 | 31.08% |
| 2026-05-29 | 30.16% |
| 2026-05-27 | 30.16% |
| 2026-05-22 | 30.16% |
| 2026-05-20 | 30.16% |
| 2026-05-18 | 30.17% |
| 2026-05-14 | 30.17% |
| 2026-05-12 | 30.17% |
| 2026-05-08 | 30.16% |
| 2026-05-06 | 30.16% |
| 2026-05-04 | 31.56% |
| 2026-04-30 | 31.56% |
| 2026-04-28 | 31.56% |
| 2026-04-24 | 31.56% |
| 2026-04-22 | 31.57% |
| 2026-04-20 | 31.56% |
| 2026-04-16 | 31.56% |
| 2026-04-14 | 31.56% |
| 2026-04-10 | 31.56% |
| 2026-04-08 | 31.57% |
| 2026-04-06 | 31.56% |
| 2026-04-01 | 31.56% |
| 2026-03-30 | 31.56% |
| 2026-03-26 | 31.56% |
| 2026-03-24 | 31.57% |
| 2026-03-20 | 31.56% |
| 2026-03-18 | 31.56% |
| 2026-03-16 | 31.56% |
| 2026-03-12 | 31.56% |
| 2026-03-10 | 31.56% |
| 2026-03-06 | 31.56% |
| 2026-03-04 | 31.57% |
| 2026-03-02 | 39.22% |
| 2026-02-26 | 30.61% |
| 2026-02-24 | 30.61% |
| 2026-02-20 | 30.61% |
| 2026-02-18 | 30.61% |
| 2026-02-13 | 30.90% |
| 2026-02-11 | 30.90% |
| 2026-02-09 | 30.90% |
| 2026-02-05 | 30.90% |
| 2026-02-03 | 30.90% |
| 2026-01-30 | 30.90% |
| 2026-01-28 | 30.90% |
| 2026-01-26 | 30.90% |
| 2026-01-22 | 30.90% |
| 2026-01-20 | 30.90% |
| 2026-01-15 | 30.90% |
| 2026-01-13 | 30.90% |
| 2026-01-09 | 30.90% |
| 2026-01-07 | 30.90% |
| 2026-01-05 | 30.90% |
| 2025-12-31 | 30.91% |
| 2025-12-29 | 30.91% |
| 2025-12-24 | 30.90% |
| 2025-12-22 | 30.90% |
| 2025-12-18 | 30.91% |
| 2025-12-16 | 30.90% |
| 2025-12-12 | 30.91% |
| 2025-12-10 | 30.91% |
| 2025-12-08 | 30.90% |
| 2025-12-04 | 30.90% |
| 2025-12-02 | 30.90% |
| 2025-11-28 | 30.90% |
| 2025-11-25 | 30.90% |
| 2025-11-21 | 30.91% |
| 2025-11-19 | 30.91% |
| 2025-11-17 | 30.90% |
| 2025-11-13 | 30.90% |
| 2025-11-11 | 30.90% |
| 2025-11-07 | 30.90% |
| 2025-11-05 | 30.90% |
| 2025-11-03 | 31.91% |
| 2025-10-30 | 31.91% |
| 2025-10-28 | 31.90% |
| 2025-10-24 | 31.90% |
| 2025-10-22 | 31.90% |
| 2025-10-20 | 31.90% |
| 2025-10-16 | 31.90% |
| 2025-10-14 | 31.90% |
| 2025-10-10 | 31.90% |
| 2025-10-08 | 31.90% |
| 2025-10-06 | 31.90% |
| 2025-10-02 | 31.90% |
| 2025-09-30 | 31.90% |
| 2025-09-26 | 31.90% |
| 2025-09-24 | 31.90% |
| 2025-09-22 | 31.91% |
| 2025-09-18 | 31.91% |
| 2025-09-16 | 31.90% |
| 2025-09-12 | 31.91% |
| 2025-09-10 | 31.90% |
| 2025-09-08 | 31.90% |
| 2025-09-04 | 31.91% |
| 2025-09-02 | 37.74% |
| 2025-08-28 | 29.76% |
| 2025-08-26 | 29.76% |
| 2025-08-22 | 29.76% |
| 2025-08-20 | 29.76% |
| 2025-08-18 | 29.76% |
| 2025-08-14 | 29.76% |
| 2025-08-12 | 29.76% |
| 2025-08-08 | 29.76% |
| 2025-08-06 | 29.76% |
| 2025-08-04 | 29.87% |
| 2025-07-31 | 29.86% |
| 2025-07-29 | 29.87% |
| 2025-07-25 | 29.87% |
| 2025-07-23 | 29.87% |
| 2025-07-21 | 29.86% |
| 2025-07-17 | 29.87% |
| 2025-07-15 | 29.87% |
| 2025-07-11 | 29.87% |
| 2025-07-09 | 29.86% |
| 2025-07-07 | 29.86% |
| 2025-07-02 | 29.87% |
| 2025-06-30 | 29.87% |
| 2025-06-26 | 29.87% |
| 2025-06-24 | 29.86% |
| 2025-06-20 | 29.87% |
| 2025-06-17 | 29.87% |
| 2025-06-13 | 29.87% |
| 2025-06-11 | 29.87% |
| 2025-06-09 | 29.86% |
| 2025-06-05 | 29.86% |
| 2025-06-03 | 29.87% |
| 2025-05-30 | 27.71% |
| 2025-05-28 | 27.72% |
| 2025-05-23 | 27.71% |
| 2025-05-21 | 27.71% |
| 2025-05-19 | 27.71% |
| 2025-05-15 | 27.71% |
| 2025-05-13 | 27.71% |
| 2025-05-09 | 27.71% |
| 2025-05-07 | 27.71% |
| 2025-05-05 | 28.09% |
| 2025-05-01 | 28.09% |
| 2025-04-29 | 28.09% |
| 2025-04-25 | 28.09% |
| 2025-04-23 | 28.09% |
| 2025-04-21 | 28.10% |
| 2025-04-16 | 28.09% |
| 2025-04-14 | 28.09% |
| 2025-04-10 | 28.09% |
| 2025-04-08 | 28.09% |
| 2025-04-04 | 28.09% |
| 2025-04-02 | 28.09% |
| 2025-03-31 | 28.09% |
| 2025-03-27 | 28.09% |
| 2025-03-25 | 28.10% |
| 2025-03-21 | 28.09% |
| 2025-03-19 | 28.09% |
| 2025-03-17 | 28.09% |
| 2025-03-13 | 28.09% |
| 2025-03-11 | 28.10% |
| 2025-03-07 | 28.09% |
| 2025-03-05 | 28.09% |
| 2025-03-03 | 28.09% |
| 2025-02-27 | 19.98% |
| 2025-02-25 | 19.98% |
| 2025-02-21 | 19.98% |
| 2025-02-19 | 19.98% |
| 2025-02-14 | 20.22% |
| 2025-02-12 | 20.22% |
| 2025-02-10 | 20.22% |
| 2025-02-06 | 20.22% |
| 2025-02-04 | 20.22% |
| 2025-01-31 | 20.22% |
| 2025-01-29 | 20.21% |
| 2025-01-27 | 20.22% |
| 2025-01-23 | 20.21% |
| 2025-01-21 | 20.22% |
| 2025-01-16 | 20.21% |
| 2025-01-14 | 20.21% |
| 2025-01-10 | 20.22% |
| 2025-01-07 | 20.22% |
| 2025-01-03 | 20.22% |
| 2024-12-31 | 20.22% |
| 2024-12-27 | 20.22% |
| 2024-12-24 | 20.22% |
| 2024-12-20 | 20.22% |
| 2024-12-18 | 20.21% |
| 2024-12-16 | 20.22% |
| 2024-12-12 | 20.22% |
| 2024-12-10 | 20.22% |
| 2024-12-06 | 20.21% |
| 2024-12-04 | 20.21% |
| 2024-12-02 | 20.22% |
| 2024-11-27 | 17.57% |
| 2024-11-25 | 17.56% |
| 2024-11-21 | 17.56% |
| 2024-11-19 | 17.57% |
| 2024-11-15 | 17.57% |
| 2024-11-13 | 17.56% |
| 2024-11-11 | 17.57% |
| 2024-11-07 | 17.56% |
| 2024-11-05 | 17.61% |
| 2024-11-01 | 17.61% |
| 2024-10-30 | 17.61% |
| 2024-10-28 | 17.61% |
| 2024-10-24 | 17.61% |
| 2024-10-22 | 17.61% |
| 2024-10-18 | 17.61% |
| 2024-10-16 | 17.61% |
| 2024-10-14 | 17.61% |
| 2024-10-10 | 17.61% |
| 2024-10-08 | 17.61% |
| 2024-10-04 | 17.61% |
| 2024-10-02 | 17.61% |
| 2024-09-30 | 17.61% |
| 2024-09-26 | 17.61% |
| 2024-09-24 | 17.61% |
| 2024-09-20 | 17.61% |
| 2024-09-18 | 17.61% |
| 2024-09-16 | 17.61% |
| 2024-09-12 | 17.61% |
| 2024-09-10 | 17.61% |
| 2024-09-06 | 17.61% |
| 2024-09-04 | 17.61% |
| 2024-08-30 | 11.59% |
| 2024-08-28 | 17.16% |
| 2024-08-26 | 17.16% |
| 2024-08-22 | 17.16% |
| 2024-08-20 | 17.16% |
| 2024-08-16 | 17.16% |
| 2024-08-14 | 17.17% |
| 2024-08-12 | 17.17% |
| 2024-08-08 | 17.16% |
| 2024-08-06 | 17.74% |
| 2024-08-02 | 17.74% |
| 2024-07-31 | 17.74% |
| 2024-07-29 | 17.74% |
| 2024-07-25 | 17.74% |
| 2024-07-23 | 17.74% |
| 2024-07-19 | 17.74% |
| 2024-07-17 | 17.74% |
| 2024-07-15 | 17.74% |
| 2024-07-11 | 17.74% |
| 2024-07-09 | 17.74% |
| 2024-07-05 | 17.74% |
| 2024-07-02 | 17.74% |
| 2024-06-28 | 17.74% |
| 2024-06-26 | 17.74% |
| 2024-06-24 | 17.74% |
| 2024-06-20 | 17.74% |
| 2024-06-17 | 17.74% |
| 2024-06-13 | 17.74% |
| 2024-06-11 | 17.74% |
| 2024-06-07 | 17.74% |
| 2024-06-05 | 23.50% |
| 2024-06-03 | 23.49% |
Showing the most recent 260 of 2,261 data points. The chart above shows the full history.
About Texas Pacific Land Corporation
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. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Tyler Glover