TPG RE Finance Trust, Inc. (NYSE:TRTX) Announces Quarterly Dividend of $0.24

TPG RE Finance Trust, Inc. (NYSE:TRTX - Get Free Report) declared a quarterly dividend on Friday, December 12th. Investors of record on Friday, December 26th will be paid a dividend of 0.24 per share on Friday, January 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date is Friday, December 26th.Get TPG RE Finance Trust alerts:TPG RE Finance Trust has decreased its dividend by an average of 0.1%per year over the last three years. TPG RE Finance Trust has a payout ratio of 87.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings fall. TPG RE Finance Trust Price PerformanceShares of TRTX opened at $9.08 on Wednesday. The company has a market cap of $710.21 million, a P/E ratio of 13.96, a PEG ratio of 2.17 and a beta of 1.54. TPG RE Finance Trust has a fifty-two week low of $6.47 and a fifty-two week high of $9.85. The company has a quick ratio of 166.64, a current ratio of 166.64 and a debt-to-equity ratio of 2.61. The firm's 50 day moving average price is $8.94 and its 200 day moving average price is $8.75. TPG RE Finance Trust (NYSE:TRTX - Get Free Report) last issued its quarterly earnings results on Monday, June 6th. The company reported $0.27 EPS for the quarter. TPG RE Finance Trust had a net margin of 20.46% and a return on equity of 6.37%. The company had revenue of $40.06 million during the quarter. On average, research analysts forecast that TPG RE Finance Trust will post 0.99 earnings per share for the current fiscal year. TPG RE Finance Trust Company Profile (Get Free Report)TPG RE Finance Trust, Inc NYSE: TRTX is a growth-oriented real estate finance company that originates and invests in a diversified portfolio of commercial real estate debt. The company’s primary business activities include the origination and acquisition of senior mortgage loans, mezzanine loans and preferred equity investments. These investments predominantly finance multifamily, office, industrial, retail and hospitality properties across the United States. TPG RE Finance Trust pursues a flexible capital strategy, structuring transactions that range from first-lien floating-rate loans to subordinated debt and preferred equity.Featured StoriesFive stocks we like better than TPG RE Finance TrustThe gift that keeps giving (just $1 today)The Best $1 You'll Spend This Holiday SeasonTrump Did WHAT??The boring AI play that could pay up to $4,290 monthlyTrump’s “real estate deal for America” explainedThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in TPG RE Finance Trust Right Now?Before you consider TPG RE Finance Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TPG RE Finance Trust wasn't on the list.While TPG RE Finance Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here