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Sub Shs/Texas Pacific Land Trust Dividend Announcement

(NYSE:TPL), www.TPLTrust.com

DIVIDEND ANNOUNCEMENT: Sub Shs/Texas Pacific Land Trust (NYSE:TPL) on 02/26/2019 declared a dividend of $1.7500 per share

February 26, 2019

Sub Shs/Texas Pacific Land Trust (NYSE:TPL) on 02/26/2019 declared a dividend of $ 1.7500 per share payable on March 15, 2019 to shareholders of record as of March 08, 2019. Dividend amount recorded is an increase of $ 1.46 from last dividend Paid.

Sub Shs/Texas Pacific Land Trust (NYSE:TPL) has paid dividends since 1991, has a current dividend yield of 0.2330195308% and has increased its dividends for 4 successive years.

Sub Shs/Texas Pacific Land Trust's market cap is $ 5,838,351,740 and has a PE ratio of 35.42. The stock price closed yesterday at $ 751.01 and has a 52 week low/high of $ 409.00 and $ 877.97.

Texas Pacific Land Trust is engaged in holding title to tracts of land in numerous counties in West Texas. Co. has two segments: Land and Resource Management, which encompasses the business of managing the land and related resources in West Texas owned by Co.; and Water Service and Operations, which mainly consists of revenues from royalties on sales of water, direct sales of water and to a lesser extent, easements and sundry income. Texas Pacific Water Resources LLC, a single member LLC and wholly owned subsidiary of Co., focuses on providing water offering to operators in the Permian Basin. These services include brackish water sourcing, and produced-water gathering/treatment/recycling.

For more information on Sub Shs/Texas Pacific Land Trust click here.

Sub Shs/Texas Pacific Land Trust current dividend information as per the date of this press release is:
Dividend Declaration Date: February 26, 2019
Dividend Ex Date: March 07, 2019
Dividend Record Date: March 08, 2019
Dividend Payment Date: March 15, 2019
Dividend Amount: $ 1.7500
 
 

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