Tpg Re Finance Trust, Inc. Declares Cash Dividend on Common Stock, Payable on April 25, 2022
March 15, 2022 at 04:10 pm
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TPG RE Finance Trust, Inc. announced that on March 14, 2022, the Company's Board of Directors declared a cash dividend of $0.24 per share of common stock for the first quarter of 2022. The dividend will be payable on April 25, 2022 to common stockholders of record as of March 29, 2022.
TPG RE Finance Trust, Inc. 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. It is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate. The Company conduct its operations primarily through its wholly owned subsidiary, TPG RE Finance Trust Holdco, LLC. Its principal business activity is to directly originate and acquire a diversified portfolio of commercial real estate related assets, consisting primarily of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. It invests primarily in commercial mortgage loans and other commercial real estate-related debt instruments. The Company's portfolio consists approximately 53 loans, which are held for investment.