DIVIDEND ANNOUNCEMENT: Sub Shs/Texas Pacific Land Trust (NYSE:TPL) on 11/23/2020 declared a dividend of $10.0000 per share

Sub Shs/Texas Pacific Land Trust (NYSE:TPL) on 11/23/2020 declared a dividend of $ 10.0000 per share payable on December 17, 2020 to shareholders of record as of December 11, 2020.

Sub Shs/Texas Pacific Land Trust (NYSE:TPL) has paid dividends since 1991, has a current dividend yield of 1.7323216200% and has increased its dividends for 5 successive years.

Sub Shs/Texas Pacific Land Trust's market cap is $ 4,477,228,560 and has a PE ratio of 22.34. The stock price closed yesterday at $ 577.26 and has a 52 week low/high of $ 295.05 and $ 838.50.

Texas Pacific Land Trust is engaged in holding title to tracts of land in several 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 encompasses the business of providing water offerings to operators in the Permian Basin. Texas Pacific Water Resources LLC, a single member LLC and wholly owned subsidiary of Co., provides water offerings. These services include, but are not limited to, water sourcing, produced-water gathering/treatment, infrastructure development, water tracking, analytics and well testing services.

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