TPG RE Finance Trust, Inc. (TRTX) Dividend History

NYSE: TRTXYield, payment dates, growth and payout ratio.

TRTX latest dividend

$0.24last dividend per share
Ex-dividend dateSep 28Monday, 2026
Payment dateOct 23Friday, 2026

The next dividend has not been announced yet.

  • 2017paying since
  • Quarterly4 payments a year
  • −10.2%5-year growth a year
  • 16.58%forward yield

TRTX dividend income calculator

Dividend income a year
$96
Each payment
$24
Value of the shares
$579
Dividend yield
16.58%

At the latest close; forward annual dividend $0.96 per share, before tax.

TRTX dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

TRTX dividend safety

Payout ratio (earnings)105.5%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)108.2%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)−10.2%
Shrinking · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

TRTX yield on cost

TPG RE Finance Trust, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$8.5711.20%$0.9611.2%
3 years ago$6.2415.38%$2.8846.2%
5 years ago$12.837.48%$4.8738.0%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

TRTX dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 38 payments).

TRTX dividends by year

TPG RE Finance Trust, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.960.0%11.15%4
2024$0.960.0%11.29%4
2023$0.960.0%14.77%4
2022$0.96+1.1%14.14%4
2021$0.95−42.1%7.71%4
2020$1.64—15.44%5
2019$1.72+0.6%8.49%4
2018$1.71—9.35%4
2017$0.71—3.73%2

TRTX dividend history

38 payments
TPG RE Finance Trust, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-282026-10-23$0.24—Quarterly
2026-06-262026-07-24$0.24—Quarterly
2026-03-272026-04-24$0.24—Quarterly
2025-12-262026-01-23$0.24—Quarterly
2025-09-262025-10-24$0.24—Quarterly
2025-06-272025-07-25$0.24—Quarterly
2025-03-282025-04-25$0.24—Quarterly
2024-12-272025-01-24$0.24—Quarterly
2024-09-272024-10-25$0.24—Quarterly
2024-06-272024-07-25$0.24—Quarterly
2024-03-272024-04-25$0.24—Quarterly
2023-12-282024-01-25$0.24—Quarterly
2023-09-272023-10-25$0.24—Quarterly
2023-06-272023-07-25$0.24—Quarterly
2023-03-282023-04-25$0.24—Quarterly
2022-12-282023-01-25$0.24—Quarterly
Show all 38 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-09-272022-10-25$0.24—Quarterly
2022-06-272022-07-25$0.24—Quarterly
2022-03-282022-04-25$0.24−22.6%Quarterly
2021-12-282022-01-25$0.31+29.2%Quarterly
2021-09-282021-10-22$0.24+20.0%Quarterly
2021-06-252021-07-23$0.2—Quarterly
2021-03-252021-04-23$0.2−47.4%Quarterly
2020-12-242021-01-22$0.38+90.0%Quarterly
2020-09-242020-10-23$0.2—Quarterly
2020-06-252020-07-24$0.2−53.5%Quarterly
2020-06-122020-07-14$0.43—Quarterly
2020-03-262020-04-24$0.43—Quarterly
2019-12-262020-01-24$0.43—Quarterly
2019-09-262019-10-25$0.43—Quarterly
2019-06-272019-07-25$0.43—Quarterly
2019-03-282019-04-25$0.43—Quarterly
2018-12-272019-01-25$0.43—Quarterly
2018-09-272018-10-25$0.43—Quarterly
2018-06-222018-07-25$0.43+2.4%Quarterly
2018-03-282018-04-25$0.42+10.5%Quarterly
2017-12-282018-01-25$0.38+15.2%Quarterly
2017-10-052017-10-25$0.33—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

TRTX stock split history

TPG RE Finance has no stock splits on record.

TRTX dividend overview

TPG RE Finance pays an annual dividend of $0.96 per share, a yield of 16.58% at the latest close, paid quarterly. It paid $0.96 per share in 2025, unchanged from 2024. Over five years the dividend grew −10.2% a year on average. The payout ratio is 105.5% of trailing earnings.

Related: TRTX cash flow statement, TRTX key metrics, TRTX chart. See the TRTX stock overview for the latest quote and news.

TRTX dividends FAQ

Does TPG RE Finance pay a dividend?

Yes. TPG RE Finance has paid a regular dividend since 2017, quarterly, most recently $0.24 per share with an ex-dividend date of September 28, 2026.

What is TPG RE Finance's dividend yield?

TPG RE Finance's forward annual dividend is $0.96 per share, a dividend yield of 16.58% at the latest close of $5.79.

How often does TPG RE Finance pay dividends?

TPG RE Finance pays dividends quarterly.

How fast is TPG RE Finance's dividend growing?

TPG RE Finance's dividend per share grew from $1.64 in 2020 to $0.96 in 2025, −10.2% a year on average over five years.

What is TPG RE Finance's dividend payout ratio?

TPG RE Finance pays out 105.5% of its trailing earnings as dividends and 108.2% of its free cash flow (fiscal 2025).

REIT - Mortgage: dividends