Texas Pacific Land Corporation (TPL)

[Enterprising Investor]

Texas Pacific Land Trust Declares Dividend (2/21/18)

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Trust (NYSE:TPL) announced today that its Board of Trustees has declared a cash dividend of $1.05 per sub-share, three times the amount of the prior year, payable March 16, 2018 to sub-shareholders of record at the close of business on March 9, 2018. This is the fifteenth consecutive year that the declared dividend has increased. Additionally, the Trustees declared a special dividend of $3.00 per sub-share payable March 16, 2018 to sub-shareholders of record at the close of business on March 9, 2018.

Texas Pacific Land Trust is not a REIT

https://www.businesswire.com/news/home/20180221006284/en/Texas-Pacific-Land-Trust-Declares-Dividend