TRTX - NYSE
TPG RE Finance Trust, Inc.
$8.46
-0.41%TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instruments; and commercial real estate collateralized loan obligations and commercial mortgage-backed securities secured by properties primarily in the office, multifamily, life science, mixed-use, hospitality, industrial, and retail real estate sectors. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. TPG RE Finance Trust, Inc. was incorporated in 2014 and is based in New York, New York.
At a Glance
Live SnapshotTPG RE Finance Trust, Inc. Dividend History
TRTX Dividend Payment History
Total Payments
36
Latest Dividend
$0.2400
Annual Amount
$1.2000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Mar 13, 2026 | Mar 27, 2026 | Apr 24, 2026 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Dec 12, 2025 | Dec 26, 2025 | Jan 23, 2026 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 12, 2025 | Sep 26, 2025 | Oct 24, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 13, 2025 | Jun 27, 2025 | Jul 25, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 14, 2025 | Mar 28, 2025 | Apr 25, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Dec 13, 2024 | Dec 27, 2024 | Jan 24, 2025 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 13, 2024 | Sep 27, 2024 | Oct 25, 2024 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 17, 2024 | Jun 27, 2024 | Jul 25, 2024 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 15, 2024 | Mar 28, 2024 | Apr 25, 2024 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Dec 18, 2023 | Dec 29, 2023 | Jan 25, 2024 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 11, 2023 | Sep 28, 2023 | Oct 25, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 12, 2023 | Jun 28, 2023 | Jul 25, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 14, 2023 | Mar 29, 2023 | Apr 25, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Dec 9, 2022 | Dec 29, 2022 | Jan 25, 2023 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Sep 12, 2022 | Sep 28, 2022 | Oct 25, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Jun 13, 2022 | Jun 28, 2022 | Jul 25, 2022 | $0.2400 | $0.2400 | Quarterly | 0.00% |
Mar 14, 2022 | Mar 29, 2022 | Apr 25, 2022 | $0.2400 | $0.2400 | Quarterly | -22.58% |
Dec 14, 2021 | Dec 29, 2021 | Jan 25, 2022 | $0.3100 | $0.3100 | Quarterly | +29.17% |
Sep 13, 2021 | Sep 29, 2021 | Oct 22, 2021 | $0.2400 | $0.2400 | Quarterly | +20.00% |
Jun 14, 2021 | Jun 28, 2021 | Jul 23, 2021 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Mar 15, 2021 | Mar 26, 2021 | Apr 23, 2021 | $0.2000 | $0.2000 | Quarterly | -47.37% |
Dec 15, 2020 | Dec 28, 2020 | Jan 22, 2021 | $0.3800 | $0.3800 | Quarterly | +90.00% |
Sep 15, 2020 | Sep 25, 2020 | Oct 23, 2020 | $0.2000 | $0.2000 | Quarterly | 0.00% |
Jun 17, 2020 | Jun 26, 2020 | Jul 24, 2020 | $0.2000 | $0.2000 | Quarterly | -53.49% |
Mar 23, 2020 | Jun 15, 2020 | Jul 14, 2020 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Mar 17, 2020 | Mar 27, 2020 | Apr 24, 2020 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Dec 17, 2019 | Dec 27, 2019 | Jan 24, 2020 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Sep 17, 2019 | Sep 27, 2019 | Oct 25, 2019 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Jun 18, 2019 | Jun 28, 2019 | Jul 25, 2019 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Mar 19, 2019 | Mar 29, 2019 | Apr 25, 2019 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Dec 18, 2018 | Dec 28, 2018 | Jan 25, 2019 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Sep 18, 2018 | Sep 28, 2018 | Oct 25, 2018 | $0.4300 | $0.4300 | Quarterly | 0.00% |
Jun 15, 2018 | Jun 25, 2018 | Jul 25, 2018 | $0.4300 | $0.4300 | Quarterly | +2.38% |
Mar 19, 2018 | Mar 29, 2018 | Apr 25, 2018 | $0.4200 | $0.4200 | Quarterly | +10.53% |
Dec 19, 2017 | Dec 29, 2017 | Jan 25, 2018 | $0.3800 | $0.3800 | Quarterly | +15.15% |
Sep 26, 2017 | Oct 6, 2017 | Oct 25, 2017 | $0.3300 | $0.3300 | Quarterly | - |
TPG RE Finance Trust, Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
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