Texas Pacific Land Corp (TPL) closed fiscal year 2025 with 68.9 M shares outstanding and a dividend of 2.13 USD per share.
Texas Pacific Land Corp (TPL) closed fiscal year 2025 with 68.9 M shares outstanding and a dividend of 2.13 USD per share. Over the year the share count rose by 0.02 M shares on a net basis, typically through stock-based compensation and options. Since 2019 the share count has shrunk by 1.2 %. The dividend per share was 2.13 USD, down 57.7 % year on year. Total dividends paid came to 148 M USD, spread over 4 payments. The series covers 8 fiscal years, from 2018 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 69.8M | 69.8M | 69.7M | 69.3M | 69.0M | 68.9M | 68.9M |
| Shares issued — SBC/options | 62.0M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.02M |
| Shares issued (%) | 88.84 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.03 % |
| Shares repurchased | 0.00k | 0.00k | -103k | -441k | -238k | -108k | 0.00k |
| Shares repurchased (%) | 0.00 % | 0.00 % | -0.15 % | -0.64 % | -0.34 % | -0.16 % | 0.00 % |
| Net addition/reduction | 62,018k | 0.00k | -103k | -441k | -238k | -108k | 22.8k |
| Net addition/reduction (%) | 88.84 % | 0.00 % | -0.15 % | -0.64 % | -0.34 % | -0.16 % | 0.03 % |
Fiscal year end: December
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.19 | 1.11 | 1.22 | 3.56 | 1.44 | 5.04 | 2.13 |
| Payout Ratio (%) | 14.60 % | 114.55 % | 31.58 % | 55.40 % | 24.65 % | 76.51 % | 30.70 % |
| Number of payments | 1.00 | 2.00 | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 |
| Dividends paid (total) | 46.5M | 202M | 85.3M | 247M | 100.0M | 347M | 148M |
| Dividend Yield (%) | 0.22 % | 1.44 % | 0.87 % | 1.37 % | 0.81 % | 1.32 % | 0.74 % |
Figures in USD
