Texas Pacific Land Corporation dividend history

Texas Pacific Land Corporation's dividend was $2.13 a share in fiscal 2025. That was 30.7% of net income.

Dividends, buybacks and capital spending

FY2026 Q2 TTM

Buybacks (TTM): $8.3M
Dividends (TTM): $157M
Returned to shareholders: 31%; of free cash flow
Buybacks, last 3 fiscal years: $80.1M
Total shareholder yield: 0.7%; dividends 0.7% + buybacks 0.0% of market value
Dividend payout ratio: 29%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Texas Pacific Land Corporation: dividends by fiscal year, annual
Fiscal year	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividend per share	—	$0.117	$0.500	$0.220	—	$1.44	—	$2.13	—
Dividend per share growth	—	—	+328.6%	−56.0%	—	—	—	—	—
Dividends paid	32	47	202	85	247	100	347	148	157
Share buybacks	38	4	0	20	88	43	29	8	8
Dividends ÷ net income	15.1%	14.6%	114.5%	31.6%	55.4%	24.6%	76.5%	30.7%	29.0%
Dividends ÷ free cash flow	21.4%	15.0%	99.9%	34.3%	57.8%	23.9%	70.8%	27.1%	26.0%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: TPL vs VET TPL vs WTI

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Figures from Texas Pacific Land Corporation's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Texas Pacific Land Corporation.