Western Financial Corp CA invested heavily in TPL, which raised its dividend by 46%.

Western Financial Corp CA bought $554,000 worth of Texas Pacific Land Co. (TPL) shares, and several other large investors increased their holdings. TPL reported $4.63 earnings per share and raised its quarterly dividend to $1.60, a 46% increase. The company, which focuses on land and resource management and water services in Texas, also owns oil and gas royalties on about 195,000 acres.

2 months ago
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