---
schema_version: "secwatch.filing_event.v1"
accession: "0001811074-24-000036"
form_type: "8-K"
ticker: "TPL"
cik: "0001811074"
company_name: "Texas Pacific Land Corp"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:40:05.597865+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPL declares $10 special dividend, sets $700M cash target for capital allocation

## Summary
- $10.00 per share special dividend, largest in TPL history; payable July 15, record July 1.
- Special dividend 50% higher than prior split-adjusted special dividend, per CEO.
- Company sets ~$700M cash balance target; excess free cash flow to share repurchases and dividends.

## SEC filing metadata
- accession: 0001811074-24-000036
- form_type: 8-K
- ticker: TPL
- cik: 0001811074
- company_name: Texas Pacific Land Corp
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000036/0001811074-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811074/000181107424000036/tpl-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001811074-24-000036
- JSON: https://secwatch.observer/filing/0001811074-24-000036.json
- Plain text: https://secwatch.observer/filing/0001811074-24-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.