TPG RE Finance Trust, Inc.

NYSE:TRTX Stock Report

Market Cap: US$688.7m

TPG RE Finance Trust Dividends and Buybacks

Dividend criteria checks 3/6

TPG RE Finance Trust is a dividend paying company with a current yield of 11.35%. Next payment date is on 24th January, 2025 with an ex-dividend date of 27th December, 2024.

Key information

11.3%

Dividend yield

0.005%

Buyback Yield

Total Shareholder Yield11.4%
Future Dividend Yield11.3%
Dividend Growth7.5%
Next dividend pay date24 Jan 25
Ex dividend date27 Dec 24
Dividend per shareUS$0.960
Payout ratio137%

Recent dividend and buyback updates

Recent updates

TPG RE Finance Trust: I Doubled My Position In The 8% Yielding Preferreds

Nov 11

TPG RE Finance Trust: The Preferreds Are A Buy As Rate Cuts Loom

Aug 17

TPG RE Finance Trust: Winner In mREIT Rally And Wise Income Portfolio

Jul 23

TPG RE Finance Trust: The 11% Dividend Yield Comes With Multifamily Backing

May 09

TPG RE Finance Trust: Why I Bought The 9.5% Yielding Preferreds

Feb 29

TPG RE Finance Trust: The Dividend Yield Is Fat At 15% For A Reason

Dec 19

TPG RE Finance: Attractive Yield, Elevated Risk

Aug 14

TPG RE Finance Trust GAAP EPS of $0.42 beats by $0.29

Feb 21

TPG RE Finance Trust declares $0.24 dividend

Dec 12

TPG RE Finance Trust GAAP EPS of -$1.52

Nov 01

TPG RE Finance Trust declares $0.24 dividend

Sep 13

TPG RE Finance Trust Q2 2022 Earnings Preview

Aug 01

TPG RE Finance Trust: Can This mREIT Sustain Its High Yield?

Jun 18

TPG RE Finance Trust redeems 11% Series B Cumulative Redeemable Preferred Stock

Jun 16

TPG RE Finance Trust beats on revenue

May 04

Is TPG RE Finance Trust, Inc. (NYSE:TRTX) Popular Amongst Institutions?

Feb 23
Is TPG RE Finance Trust, Inc. (NYSE:TRTX) Popular Amongst Institutions?

Have Insiders Been Buying TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares?

Jan 19
Have Insiders Been Buying TPG RE Finance Trust, Inc. (NYSE:TRTX) Shares?

TPG RE Finance Trust: 7.6% Dividend Yield But Risks Abound

Dec 30

Reflecting on TPG RE Finance Trust's (NYSE:TRTX) Share Price Returns Over The Last Year

Dec 15
Reflecting on TPG RE Finance Trust's (NYSE:TRTX) Share Price Returns Over The Last Year

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRTX has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TRTX has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

TPG RE Finance Trust Dividend Yield vs Market
How does TRTX dividend yield compare to the market?
SegmentDividend Yield
Company (TRTX)11.3%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.4%
Industry Average (Mortgage REITs)12.3%
Analyst forecast (TRTX) (up to 3 years)11.3%

Notable Dividend: TRTX's dividend (11.35%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: TRTX's dividend (11.35%) is in the top 25% of dividend payers in the US market (4.48%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (136.9%), TRTX's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (70.7%), TRTX's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 19:05
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TPG RE Finance Trust, Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric DrayBofA Global Research
Derek HewettBofA Global Research
Eric HagenBTIG