TPL dividend history
Texas Pacific Land Corporation (TPL) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- Texas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance TargetTexas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced that the Company's Board of Directors approved a $10.00 per share special dividend. The special dividend will be payable on July 15, 2024 to stockholders of record at the close of business on July 1, 2024. "With tailwinds of excellent business execution, supportive fundamentals, and a fortress balance sheet, we're pleased to announce a special dividend, which is the largest in TPL's history and represents a 50% increase compared to the most recent prior split-adjusted special dividend," said Tyler Glover, Chief Executive Officer of the Company. "As we evaluate our current capital structure, capital allocati
- Texas Pacific Land Corporation Announces Three-for-One Stock SplitTexas Pacific Land Corporation (NYSE:TPL) (the "Company") today announced that its Board of Directors has approved a three-for-one stock split to be distributed to stockholders as a stock dividend. Each stockholder of record at the close of business on March 18, 2024, will receive two additional shares of common stock of the Company for each share held as of this record date. The new shares will be distributed on March 26, 2024. We expect that trading of the Company's common stock will begin on a stock-split adjusted basis on March 27, 2024. About Texas Pacific Land Corporation Texas Pacific Land Corporation (NYSE:TPL) is one of the largest landowners in the State of Texas with approxim
- Delaware Court of Chancery Rules in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' AgreementTexas Pacific Land Corporation (NYSE:TPL) ("TPL" or the "Company") announced today that the Delaware Court of Chancery (the "Court") has ruled in favor of TPL in the litigation between the Company and Horizon Kinetics LLC, Horizon Kinetics Asset Management LLC, SoftVest Advisors, LLC and SoftVest, L.P. (collectively, the "Investor Group"), in Texas Pacific Land Corp. v. Horizon Kinetics LLC, (C.A. No. 2022-1066-JTL) (Del. Ch.). On December 1, 2023, the Court ruled that the Investor Group should have voted with the Board's recommendation on Proposal 4, the Company's proposal to increase the number of authorized shares of common stock (the "Share Authorization Proposal") at the 2022 Annual Me
- Texas Pacific Land Corporation Announces Quarterly DividendTexas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced that on February 10, 2023, the Board of Directors declared a quarterly cash dividend of $3.25 per share, payable on March 15, 2023 to stockholders of record at the close of business on March 8, 2023. About Texas Pacific Land Corporation Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 874,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provide revenue opportunities throughout the life cycle of a well. These revenue op
- Texas Pacific Land Corporation shareholder Gabi Gliksberg shares public letter to stockholders about upcoming Annual Meeting, outlines why he plans to vote against Board recommendationsDescribes why he plans to vote against Proposal 4 and in favor of stockholder proposals 6, 7, 8, 9, and 10Highlights Glass Lewis support FOR Proposal 8, as well as several additional stockholder proposals FORT LAUDERDALE, Fla., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Gabi Gliksberg, a long-time shareholder of Texas Pacific Land Corporation (NYSE:TPL), along with ATG Capital Management, announced today their plan to vote all shares that they own and advise AGAINST the Board's recommendations on several proposals for the upcoming annual meeting, currently scheduled for November 16, 2022. In the letter to shareholders released today, copied in full below, Mr. Gliksberg explains to shareholders th
- Lion Long Term Partners LP, a significant shareholder of Texas Pacific Land Corporation, Issues Statement In Response to Texas Pacific Land Corporation Board CommentsGRAND CAYMAN, Cayman Islands, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Lion Long Term Partners LP, a significant shareholder of 50,600 shares of Texas Pacific Land Corporation (NYSE:TPL), Issues Statement In Response to Texas Pacific Land Corporation Board Comments Stephen N. WalkerLion Long Term Partners LPBoard of Directors & StockholdersTexas Pacific Land Corporation November 7, 2022 Dear Board Members & Stockholders of TPL: Re: Texas Pacific Land Corporation ("TPL") Annual Meeting of Stockholders November 16, 2022 On October 17, 2022 I wrote a letter to stockholders of TPL and to Fund Managers and Institutional Proxy Advisors urging them to vote Against Proposal 4: "To approve an amendm
- Texas Pacific Land Corporation Announces First Quarter ResultsCompletes Reorganization from Trust to Corporation Earnings Call to be held 8:30 am ET on Friday, May 7, 2021 Texas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced its financial and operating results for the first quarter of 2021. "We are very pleased with our first quarter results, which demonstrate continued strong momentum across our business lines. Having successfully navigated the challenges of COVID-19 while achieving consistently positive operating results, we were, and continue to be, well positioned to take full advantage of the oil and gas recovery that is taking place. This was also a landmark quarter in our Company's history as we completed our re
- Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2020 ResultsDALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the fourth quarter and full year of 2020. Conversion of the Trust As previously announced, on January 11, 2021, we completed our reorganization from a business trust, Texas Pacific Land Trust, into Texas Pacific Land Corporation (the “Corporate Reorganization”), a corporation formed and existing under the laws of the State of Delaware. Any references herein to the Company, TPL, our, we or us with respect to periods prior to January 11, 2021 will be in reference to Texas Pacific Land Trust, and references to periods on that date and t