TIP Dividend History & Yield Analysis

TIP has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
4.98%
Forward yield
6.61%
Dividend per share (TTM)
$5.32
Annualized rate
$7.06
Payout frequency
Quarterly
Last payment
$0.7840
5-year dividend CAGR
18.06%
Consecutive growth years
1

Yields calculated against a market price of $106.77.

Annual Dividend History

  • 2026$4.02
  • 2025$3.62
  • 2024$2.53
  • 2023$3.29
  • 2022$7.84
  • 2021$4.76
  • 2020$1.58
  • 2019$2.12
  • 2018$2.94
  • 2017$2.21
  • 2016$1.67
  • 2015$0.3700
  • 2014$1.87
  • 2013$1.27
  • 2012$2.69
  • 2011$5.05
  • 2010$2.67
  • 2009$3.80
  • 2008$7.42
  • 2007$3.96
  • 2006$4.65
  • 2005$5.78
  • 2004$3.57
  • 2003$0.1170

TIP Payout History & Ex-Dividend Dates

TIP dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-012026-08-03$0.7840
2026-07-012026-07-01$1.06
2026-06-012026-06-01$1.28
2026-05-012026-05-01$0.5610
2026-01-012025-12-19$0.3420
2025-12-012025-12-01$0.3220
2025-11-012025-11-03$0.3610
2025-10-012025-10-01$0.1980
2025-09-012025-09-02$0.4170
2025-08-012025-08-01$0.2640
2025-07-012025-07-01$0.3800
2025-06-012025-06-02$0.2730
2025-05-012025-05-01$0.5350
2025-04-012025-04-01$0.7090
2025-01-012024-12-18$0.1600
2024-12-012024-12-02$0.1900
2024-11-012024-11-01$0.0890
2024-10-012024-10-01$0.1220
2024-09-012024-09-03$0.0300
2024-08-012024-08-01$0.1730
2024-07-012024-07-01$0.4370
2024-06-012024-06-03$0.7270
2024-05-012024-05-01$0.6930
2024-04-012024-04-01$0.0650
2023-12-012023-12-01$0.2560
2023-11-012023-11-01$0.4520
2023-10-012023-10-02$0.1710
2023-09-012023-09-01$0.3230
2023-08-012023-08-01$0.2210
2023-07-012023-07-03$0.5040
2023-06-012023-06-01$0.3130
2023-05-012023-05-01$0.5690
2023-04-012023-04-03$0.1270
2023-01-012022-12-15$0.3490
2022-12-012022-12-01$0.1310
2022-09-012022-09-01$1.44
2022-08-012022-08-01$1.15
2022-07-012022-07-01$0.5650
2022-06-012022-06-01$1.37
2022-05-012022-05-02$0.9380
2022-04-012022-04-01$0.7980
2022-03-012022-03-01$0.2290
2022-02-012022-02-01$0.4390
2022-01-012021-12-16$0.7860
2021-12-012021-12-01$0.1860
2021-11-012021-11-01$0.1220
2021-10-012021-10-01$0.4320
2021-09-012021-09-01$0.8960
2021-08-012021-08-02$0.7770
2021-07-012021-07-01$0.8330
2021-06-012021-06-01$0.6810
2021-05-012021-05-03$0.5150
2021-04-012021-04-01$0.3000
2021-01-012020-12-17$0.0230
2020-12-012020-12-01$0.1330
2020-11-012020-11-02$0.3180
2020-10-012020-10-01$0.4170
2020-05-012020-05-01$0.2980
2020-04-012020-04-01$0.1760
2020-02-012020-02-03$0.1270

Does TIP pay dividends?

Yes. TIP pays on a quarterly schedule, most recently $0.7840 per share with an ex-dividend date of 2026-08-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the TIP yield is calculated

The trailing yield divides the last twelve months of dividends per share ($5.32) by the latest market price. The forward yield annualizes the most recent payment across 9 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the TIP DCF fair value page for the cash flow behind it.