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Texas Pacific Land Corporation Dividends

TPL Stock Analysis

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Section title

Dividend Yield
0.45%
Payout Ratio
41.23%
Dividend Amount Per Share
$4.51
Last Ex-Dividend Date
Sep 03, 2024

TPL Dividend Safety

TPL paid out 41.23% of its $406M earnings as dividends over the last 12 months.

Very Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

TPL's Dividend Payout Ratio of 41.23% is considered safe for the Energy sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

TPL's Interest Coverage Ratio of 60.285 indicates strong financial health with easy coverage of interest expenses.

Income Quality

TPL shows excellent income quality with a ratio of 1.031. This indicates high-quality earnings and low risk of dividend cuts.

TPL Dividend Growth

Texas Pacific Land Corporation(TPL) offers a dividend yield of 0.45% and pays $4.51 in dividends per share. Explore the historical dividend growth of TPL.

Dividend Stability

TPL has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.

Dividend Growth

TPL's dividend payments have shown very poor growth, shrinking by -18.892% over the last 5 years.

Earnings Growth

TPL's earnings have shown moderate growth, growing by 4.797% annually over the last 5 years. Moderate growth indicates some stability but also potential uncertainty, suggesting that while dividends can continue, significant increases might be less likely.

TPL Dividend Yield Attractiveness

Texas Pacific Land Corporation(TPL) provides a dividend yield of 0.45%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

TPL

Peers

Industry

Sector

0.45%

5.31%

5.35%

5.69%

Dividend Yield

TPL's dividend yield of 0.45% is considered good compared to the sector average of 5.687%, providing a strong safety margin for investors.

TPL Cash Flow

Over the past 12 months, TPL generated $671M in revenue, produced $423M in free cash flow, and distributed $104M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

TPL's free cash flow has grown by 4.363% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.

TPL Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Texas Pacific Land Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.

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