Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Texas Pacific Land (TPL) — Dividend Profile
Energy·Oil & Gas Production
6y payment streakActiveQuarterly
Forward Yield
0.59%
@ $406.73
TTM Yield
2.66%
Forward Annual
$2.40
Quarterly
Market Cap
$28.1b
Payout (FCF)
30%
3.3x covered
Payout (Earnings)
31%
Latest Amount
$0.6000
Ex 2026-06-01
3y CAGR
-78.3%
5y CAGR
-58.6%
10y CAGR
—
Next Ex-Date
—
Last recorded cut on or near 2026-03-02.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: CleanYield Trap: Green0 of 6 red flags · 0 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (105.75)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Low (3.7%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
4/9 (Weak)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Safe
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
3.34×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
✓ OK
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +32.7%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 19 settled events.
Median Ex-Date Drop
-0.95%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
89%
17 of 19 events recovered within 90 days
Median Recovery Time
3 days
1 – 10 days IQR
Avg Capture Yield
1.37%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (21)
Ex-Date▼AmountFrequencyPay DateType
2026-06-01$0.6000Quarterly2026-06-15recurring
2026-03-02$0.6000Quarterly2026-03-16recurring
2025-12-01$1.6000Quarterly2025-12-15recurring
2025-09-02$1.6000Quarterly2025-09-16recurring
2025-03-03$1.6000Quarterly2025-03-17recurring
2024-12-02$1.6000Quarterly2024-12-16recurring
2024-09-03$1.1700Quarterly2024-09-17recurring
2024-07-01$10.0000—2024-07-15special
2024-02-29$3.5000Quarterly2024-03-15recurring
2023-11-30$3.2500Quarterly2023-12-15recurring
2023-08-31$3.2500Quarterly2023-09-15recurring
2023-06-07$3.2500Quarterly2023-06-15recurring
2023-03-07$3.2500Quarterly2023-03-15recurring
2022-12-07$3.0000Quarterly2022-12-15recurring
2022-09-07$3.0000Quarterly2022-09-15recurring
2022-06-07$3.0000Quarterly2022-06-15recurring
2022-03-07$3.0000Quarterly2022-03-15recurring
2021-12-07$2.7500Quarterly2021-12-15recurring
2021-09-07$2.7500Quarterly2021-09-15recurring
2021-06-07$2.7500Quarterly2021-06-15recurring
2021-03-05$2.7500Quarterly2021-03-15recurring
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