TPG RE Finance Trust, Inc. - TRTX STOCK NEWS

TPG RE Finance Trust, Inc. (TRTX) will present at Nareit's REITweek: 2023 Investor Conference on June 6, 2023, at 3:45 pm ET. CEO Doug Bouquard will be speaking, and investor meetings will also be held. The live audio webcast and corporate presentation will be available on TRTX's Investor Relations website. A replay will be available for those who cannot listen to the live webcast.

TPG RE Finance Trust, Inc. (TRTX) reported its Q1 2023 operating results, with GAAP net income of $3.8 million and book value per common share of $14.31. The company declared a cash dividend of $0.24 per share of common stock and a quarterly dividend on its Series C Preferred Stock. TRTX originated two first mortgage loans worth $123.8 million and received loan repayments of $227.8 million. The company's loan portfolio risk rating remained unchanged at 3.2, and it carried an allowance for credit losses of $222.4 million. TRTX ended the quarter with $662.6 million of total liquidity. The company also received a full repayment of a first mortgage loan and acquired a 375,440 square foot office property in Houston, TX.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced it will release its financial results for Q1 2023 on May 2, 2023. The company will also file its Form 10-Q and earnings supplemental after the market closes. A conference call to discuss the results is slated for 10:00 a.m. ET on May 3, 2023. Investors can participate via telephone or through a live webcast accessible on the company’s investor relations website. A replay of the call will be available until May 17, 2023. TPG RE Finance Trust primarily focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties in the United States. For more information, visit their website.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced a cash dividend of $0.24 per share for Q1 2023, declared on March 13 and payable on April 25 to shareholders of record as of March 29. The Company focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties in the U.S. Market uncertainties, including inflation and interest rate changes, may affect future performance and loan origination capabilities. Shareholders are advised to examine the potential risks outlined in the Company’s 10-K report.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced a cash dividend of $0.3906 per share on its 6.25% Series C Cumulative Redeemable Preferred Stock for Q1 2023. This dividend is payable on March 30, 2023 to shareholders of record by March 20, 2023. The company is focused on originating, acquiring, and managing first mortgage loans secured by institutional properties across the U.S. Additionally, forward-looking statements in the press release highlight potential risks including economic conditions and the company's ability to originate loans.

TPG RE Finance Trust (NYSE: TRTX) announced its operating results for Q4 2022, reporting a GAAP net income of $32.6 million or $0.42 per share. The company declared a cash dividend of $0.24 per share on December 9, 2022. For the full year, TRTX reported a net loss of ($73.6) million, or (0.95) per share, and declared total cash dividends of $75.1 million. With $590.9 million in total liquidity, the company is positioned to pursue opportunities in the commercial real estate market. CEO Doug Bouquard expressed optimism for 2023 due to stable asset management resolutions.

TPG RE Finance Trust (TRTX) will release its fourth quarter and full year 2022 financial results and file its Form 10-K on February 21, 2023, after market close. A conference call and webcast to discuss these results will take place on February 22, 2023, at 10:00 a.m. ET. Interested parties can join the call by dialing the provided numbers and can access the webcast via the company’s investor relations website.

A replay of the call will be available from 1:00 p.m. ET, February 22, until March 8, 2023. The company specializes in commercial real estate finance, focusing on first mortgage loans.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced the income tax treatment for dividends paid to its common and Series C Preferred Stockholders for the year ending December 31, 2022. The company reported total cash distributions of $0.9600 per share for common stock and $1.5624 per share for Series C Preferred Stock. Notably, dividends are eligible for a 20% deduction under IRC Section 199A. Record dates for dividends ranged from March 29, 2022, to December 29, 2022, with corresponding payment dates up to January 25, 2023. Shareholders are encouraged to consult tax advisors for specific treatments.

TPG RE Finance Trust, Inc. (NYSE: TRTX) declared a cash dividend of $0.24 per share for Q4 2022. This dividend is payable on January 25, 2023, to stockholders on record as of December 29, 2022. The company focuses on originating and managing commercial real estate loans secured by institutional properties across the U.S. Investors should note the importance of this dividend as an indicator of the company’s financial health, reflecting its commitment to returning value to shareholders.