Yield on Cost (YOC): 0.61%
The yield on cost (YOC) is 0.61%.
TPL Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
0.61%
Yield on Cost for TPL
TPL now pays $2.40 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-27) | $18.14 | 13.23% |
| 5 years ago(2021-06-23) | $178.65 | 1.34% |
| 3 years ago(2023-06-26) | $144.22 | 1.66% |
| 1 year ago(2025-06-30) | $352.13 | 0.68% |
| Buying today(at $395.79) | $395.79 | 0.61% |
If you buy today and the dividend keeps growing
Projection: starting from today's 0.61% yield, assuming the dividend keeps compounding at its historical -0.4% rate. Boards set dividends each year, so actual figures will differ.
Today
0.61%
In 3 years
1.09%
In 5 years
1.62%
In 10 years
4.30%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Texas Pacific Land Corporation (TPL).
Starting Yield
0.61%
Ending YOC
0.57%
Year 15 Dividend
$2.27
Cum. Dividends Recd.
$34.95
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $2.40 | — | 0.61% | $0.00 |
| Year 1 | $2.39 | +-0.37% | 0.60% | $2.39 |
| Year 2 | $2.38 | +-0.37% | 0.60% | $4.77 |
| Year 3 | $2.37 | +-0.37% | 0.60% | $7.15 |
| Year 4 | $2.36 | +-0.37% | 0.60% | $9.51 |
| Year 5 | $2.36 | +-0.37% | 0.60% | $11.87 |
| Year 6 | $2.35 | +-0.37% | 0.59% | $14.21 |
| Year 7 | $2.34 | +-0.37% | 0.59% | $16.55 |
| Year 8 | $2.33 | +-0.37% | 0.59% | $18.88 |
| Year 9 | $2.32 | +-0.37% | 0.59% | $21.20 |
| Year 10 | $2.31 | +-0.37% | 0.58% | $23.52 |
| Year 11 | $2.30 | +-0.37% | 0.58% | $25.82 |
| Year 12 | $2.30 | +-0.37% | 0.58% | $28.12 |
| Year 13 | $2.29 | +-0.37% | 0.58% | $30.40 |
| Year 14 | $2.28 | +-0.37% | 0.58% | $32.68 |
| Year 15 | $2.27 | +-0.37% | 0.57% | $34.95 |
Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Texas Pacific Land Corporation (TPL)?
- The yield on cost (YOC) for TPL stock is 0.61%.
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