Texas Pacific Land Dividend Update: Key Insights Before the Ex-Dividend Date on Jun 2, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, May 29, 2025 7:45 pm ET1min read
Texas Pacific Land (TPL) has announced a dividend of $1.600 per share, with the ex-dividend date set for Jun 2, 2025, and the payment date slated for Jun 16, 2025. This figure is lower compared to the average dividend of $2.018 per share over the last ten distributions. The dividend was announced on May 6, 2025, following the company's previous dividend issued on Mar 17, 2025, which was also $1.600 per share. Both dividends are categorized as cash dividends.

Recently, Corp. has experienced notable developments impacting its market performance. As of late, the company's stock price has seen fluctuations, with a decline to $1,243.54, marking a 2.27% decrease. Analysts have highlighted a reduction in the stock position by Lagoda Investment Management L.P., indicating shifts in investor sentiment. Furthermore, the company's director, Murray Stahl, has made significant share purchases, demonstrating confidence in TPL's financial health. The corporation maintains a strong current ratio of 7.8x, receiving a commendable overall financial health score. Over the past week, discussions in financial forums have centered around these movements, reflecting active interest and analysis from market participants.

In conclusion, Texas Pacific Land continues to exhibit robust financial health amidst recent market dynamics. Investors should note that Jun 2, 2025, is the last day to purchase shares to be eligible for the upcoming dividend. Any acquisitions made after this date will not qualify for the current dividend payout.

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