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TPL — Texas Pacific Land Corp.

Texas Pacific Land Corp. (TPL)

TPL pays a 0.66% distribution rate, quarterly. Its Distribution Safety Score™ is 92 (Safe), giving a Safety-Adjusted Yield of 0.61%. Distributions grew 20.4% over the past year. Its deepest 1-year drawdown was 36.8%.

Texas Pacific Land Corporation manages substantial land and royalty interests in the Permian Basin while providing water services to oil and gas operators in the region; it owns various oil and gas royalty interests across hundreds of thousands of acres and operates a full-service water business including sourcing, treatment, and disposal solutions. The company distributes cash quarterly at a modest current rate. This security may appeal to income investors seeking exposure to energy infrastructure and resource management with a modest distribution component.

TPL key facts

Distribution Safety Score™
92 · Safe
Safety-Adjusted Yield
0.61%
Asset type
Stock
Asset class
Equity
Inception date
03/17/1980
Distribution rate
0.66%
Distribution frequency
Quarterly
Trailing yield
0.63%
5-year average yield
0.64
Last close
$358.52
Market cap
$24,728,801,280
Average volume
326100.0
Last dividend
$0.6000
Ex-dividend date
09/01/2026
Payment date
09/15/2026
Beta
0.633
Payout ratio
0.2054
P/E ratio
44.2617
Forward P/E
37.7358
EPS
$8.10