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TPG RE Finance Trust (NYSE: TRTX) has announced a quarterly cash dividend for its Series C Preferred Stock holders. The company’s Board of Directors declared a dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock for the fourth quarter of 2024. The dividend will be paid on December 30, 2024, to shareholders of record as of December 20, 2024.
TPG RE Finance Trust (NYSE: TRTX) ha annunciato un dividendo in contanti trimestrale per i detentori delle sue Azioni Preferenziali di Serie C. Il Consiglio di Amministrazione della società ha dichiarato un dividendo di $0.3906 per azione delle Azioni Preferenziali Cumulative Riscattabili di Serie C al 6.25% per il quarto trimestre del 2024. Il dividendo sarà corrisposto il 30 dicembre 2024 agli azionisti registrati al 20 dicembre 2024.
TPG RE Finance Trust (NYSE: TRTX) ha anunciado un dividendo en efectivo trimestral para los tenedores de sus acciones preferentes de la Serie C. La Junta Directiva de la compañía declaró un dividendo de $0.3906 por acción de las acciones preferentes acumulativas redimibles de la Serie C al 6.25% para el cuarto trimestre de 2024. El dividendo se pagará el 30 de diciembre de 2024 a los accionistas registrados hasta el 20 de diciembre de 2024.
TPG RE Finance Trust (NYSE: TRTX)는 시리즈 C 우선주 보유자를 위한 분기 현금 배당금을 발표했습니다. 회사의 이사회는 2024년 4분기 동안 주당 $0.3906의 6.25% 시리즈 C 누적 상환 우선주 배당금을 선언했습니다. 이 배당금은 2024년 12월 30일에 지급되며, 2024년 12월 20일 기준 주주에게 지급됩니다.
TPG RE Finance Trust (NYSE: TRTX) a annoncé un dividende trimestriel en espèces pour les détenteurs d’actions privilégiées de série C. Le conseil d’administration de la société a déclaré un dividende de 0,3906 $ par action des actions privilégiées cumulatives remboursables de série C à 6,25 % pour le quatrième trimestre de 2024. Le dividende sera versé le 30 décembre 2024 aux actionnaires enregistrés au 20 décembre 2024.
TPG RE Finance Trust (NYSE: TRTX) hat eine vierteljährliche Bardividende für die Inhaber von Vorzugsaktien der Serie C angekündigt. Der Vorstand des Unternehmens hat eine Dividende von 0,3906 $ pro Aktie der kumulierten, einlösbaren Vorzugsaktien der Serie C mit 6,25% für das vierte Quartal 2024 erklärt. Die Dividende wird am 30. Dezember 2024 an die Aktionäre ausgezahlt, die am 20. Dezember 2024 im Aktienregister stehen.
Positive
- Consistent preferred dividend payment maintained at $0.3906 per share
- Company maintains 6.25% yield on Series C Preferred Stock
NEW YORK–(BUSINESS WIRE)– TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced the Company’s Board of Directors declared a cash dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”) for the fourth quarter of 2024. The Series C Preferred Stock dividend is payable on December 30, 2024 to preferred stockholders of record as of December 20, 2024.
ABOUT TRTX
TRTX is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.
FORWARD-LOOKING STATEMENTS
This press release contains “forward‐looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward‐looking statements are subject to various risks and uncertainties, including, without limitation, risks and uncertainties relating to: the performance of the Company’s investments; global economic trends and economic conditions, including heightened inflation, slower growth or recession, changes to fiscal and monetary policy, higher interest rates, stress to the commercial banking systems of the U.S. and Western Europe, labor shortages, currency fluctuations and challenges in global supply chains; the Company’s ability to originate loans that are in the pipeline and under evaluation by the Company; financing needs and arrangements; and the risks, uncertainties and factors set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as such risk factors may be updated from time to time in the Company’s periodic filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,” “could,” “project,” “predict,” “continue,” “payable” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe existing or future plans and strategies, contain projections of results of operations, liquidity and/or financial condition or state other forward-looking information. Statements, among others, relating to the payment of dividends on a future date are forward-looking statements. The ability of TRTX to predict future events or conditions or their impact or the actual effect of existing or future plans or strategies is inherently uncertain. Although the Company believes that such forward-looking statements are based on reasonable assumptions, actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s views only as of the date of this press release. Except as required by law, neither the Company nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements appearing in this press release. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. Past performance is not indicative nor a guarantee of future returns.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241206882853/en/
INVESTOR RELATIONS CONTACT
+1 (212) 405-8500
MEDIA CONTACT
TPG RE Finance Trust, Inc.
Courtney Power
+1 (415) 743-1550
Source: TPG RE Finance Trust, Inc.
FAQ
What is the Q4 2024 dividend amount for TRTX Series C Preferred Stock?
TPG RE Finance Trust declared a dividend of $0.3906 per share for its Series C Preferred Stock for Q4 2024.
When is the TRTX Series C Preferred Stock Q4 2024 dividend payable?
The dividend is payable on December 30, 2024, to shareholders of record as of December 20, 2024.
What is the yield rate for TRTX Series C Preferred Stock?
The Series C Preferred Stock has a 6.25% Cumulative Redeemable rate.
