TPG RE Finance Trust, Inc. Announces Tax Treatment of 2024 Dividends
TPG RE Finance Trust (NYSE: TRTX) has announced the tax treatment of its 2024 dividends for both common stock and 6.25% Series C Preferred Stock. For common stockholders, the company distributed $1.20 per share throughout 2024, consisting of $0.796 as ordinary income and $0.164 as non-dividend distribution, with quarterly payments of $0.24 per share.
For Series C Preferred stockholders, TRTX distributed $1.5624 per share in 2024, entirely classified as ordinary income, paid in quarterly installments of $0.3906. The ordinary income dividends qualify for the 20% deduction applicable to 'qualified REIT dividends' under IRC Section 199A.
TPG RE Finance Trust (NYSE: TRTX) ha annunciato il trattamento fiscale dei suoi dividendi del 2024 sia per gli azionisti ordinari che per gli azionisti della Serie C di azioni privilegiate al 6,25%. Per gli azionisti ordinari, la società ha distribuito $1.20 per azione durante il 2024, di cui $0.796 come reddito ordinario e $0.164 come distribuzione non da dividendo, con pagamenti trimestrali di $0.24 per azione.
Per gli azionisti delle azioni privilegiate di Serie C, TRTX ha distribuito $1.5624 per azione nel 2024, interamente classificato come reddito ordinario, pagando in rate trimestrali di $0.3906. I dividendi del reddito ordinario sono idonei per la detrazione del 20% applicabile ai 'dividendi REIT qualificati' ai sensi della Sezione 199A dell'IRC.
TPG RE Finance Trust (NYSE: TRTX) ha anunciado el tratamiento fiscal de sus dividendos de 2024 tanto para las acciones comunes como para las acciones preferentes de Serie C al 6.25%. Para los accionistas comunes, la compañía distribuyó $1.20 por acción durante 2024, de los cuales $0.796 son ingresos ordinarios y $0.164 son distribuciones no de dividendos, con pagos trimestrales de $0.24 por acción.
Para los accionistas de las acciones preferentes de Serie C, TRTX distribuyó $1.5624 por acción en 2024, clasificado por completo como ingresos ordinarios, pagados en cuotas trimestrales de $0.3906. Los dividendos de ingresos ordinarios califican para la deducción del 20% aplicable a 'dividendos REIT calificados' bajo la Sección 199A del IRC.
TPG RE 금융 신탁(NYSE: TRTX)은 2024년의 보통주 및 6.25% C시리즈 우선주 배당금에 대한 세금 처리 방안을 발표했습니다. 보통주 주주를 위해 회사는 2024년 동안 주당 $1.20을 배당했으며, 이 중 $0.796은 일반 소득으로, $0.164은 비배당 분배로 구성되어 있으며, 주당 $0.24의 분기별 지급이 이루어졌습니다.
C시리즈 우선주 주주를 위해 TRTX는 2024년에 주당 $1.5624를 전액 일반 소득으로 배당하였으며, 분기마다 $0.3906씩 지급되었습니다. 일반 소득 배당금은 IRC 섹션 199A에 따른 '자격 있는 REIT 배당금'에 적용되는 20% 공제를 받을 수 있습니다.
TPG RE Finance Trust (NYSE: TRTX) a annoncé le traitement fiscal de ses dividendes pour 2024, tant pour les actionnaires ordinaires que pour les actionnaires des actions privilégiées de série C à 6,25 %. Pour les actionnaires ordinaires, la société a distribué $1.20 par action tout au long de 2024, se composant de $0.796 en revenu ordinaire et de $0.164 en distribution non-dividende, avec des paiements trimestriels de $0.24 par action.
Pour les actionnaires des actions privilégiées de la série C, TRTX a distribué $1.5624 par action en 2024, entièrement classé comme revenu ordinaire, payé par tranches trimestrielles de $0.3906. Les dividendes de revenu ordinaire sont éligibles pour la déduction de 20 % applicable aux 'dividendes REIT qualifiés' selon l'article 199A de l'IRC.
TPG RE Finance Trust (NYSE: TRTX) hat die steuerliche Behandlung seiner Dividenden für 2024 sowohl für Stammaktionäre als auch für die 6,25% Vorzugsaktien der Serie C angekündigt. Für Stammaktionäre verteilte das Unternehmen $1.20 pro Aktie im gesamten Jahr 2024, bestehend aus $0.796 als ordentliche Einkünfte und $0.164 als Nicht-Dividendenverteilung, mit vierteljährlichen Zahlungen von $0.24 pro Aktie.
Für die Aktionäre der Vorzugsaktien der Serie C verteilte TRTX im Jahr 2024 $1.5624 pro Aktie, das vollständig als ordentliche Einkünfte klassifiziert wurde, ausgezahlt in vierteljährlichen Raten von $0.3906. Die ordentlichen Einkommen dividendenqualifizieren sich für den 20% Abzug, der auf 'qualifizierte REIT-Dividenden' gemäß § 199A des IRC anwendbar ist.
- Consistent quarterly dividend payments maintained at $0.24 per share for common stock
- Stable preferred stock dividend payments of $0.3906 per quarter
- Dividends qualify for 20% tax deduction under IRC Section 199A
- Common stock dividends partially classified as return of capital (non-dividend distribution), indicating earnings didn't fully cover distributions
The following table summarizes, for income tax purposes, the nature of cash dividends paid to the Company’s common stockholders for the tax year ended December 31, 2024:
Common Stock (CUSIP # 87266M107)
Record Date |
Payment
|
Total Distribution
|
Ordinary Income
|
Capital Gain
|
Non-Dividend
|
12/29/2023(2) |
1/25/2024 |
|
|
|
|
3/28/2024 |
4/25/2024 |
0.2400 |
0.1990 |
0.0000 |
0.0410 |
6/27/2024 |
7/25/2024 |
0.2400 |
0.1990 |
0.0000 |
0.0410 |
9/27/2024 |
10/25/2024 |
0.2400 |
0.1990 |
0.0000 |
0.0410 |
12/27/2024(3) |
1/24/2025 |
0.2400 |
0.0000 |
0.0000 |
0.0000 |
Totals |
|
|
|
|
|
The following table summarizes, for income tax purposes, the nature of cash dividends paid to the holders of the Company’s Series C Preferred Stock for the tax year ended December 31, 2024:
Series C Preferred Stock (CUSIP# 87266M206)
Record Date |
Payment
|
Total Distribution
|
Ordinary Income
|
Capital Gain
|
Non-Dividend
|
3/18/2024 |
3/28/2024 |
|
|
|
|
6/18/2024 |
6/28/2024 |
0.3906 |
0.3906 |
0.0000 |
0.0000 |
9/20/2024 |
9/30/2024 |
0.3906 |
0.3906 |
0.0000 |
0.0000 |
12/20/2024 |
12/30/2024 |
0.3906 |
0.3906 |
0.0000 |
0.0000 |
Totals |
|
|
|
|
|
|
|
|
|
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1. Ordinary Income dividends are eligible for the |
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2. Pursuant to IRC Section 857(b)(9), cash distributions made on January 25, 2024 with a record date of December 29, 2023 are treated for federal income tax purposes as received by shareholders on December 31, 2023 to the extent of the Company’s 2023 earnings and profits. As the Company’s aggregate 2023 dividends paid in 2023 exceeded its 2023 earnings and profits, the January 2024 cash distribution declared in the fourth quarter of 2023 is treated as a 2024 distribution for federal income tax purposes and is being included on the 2024 Form 1099-DIV. |
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3. Pursuant to IRC Section 857(b)(9), cash distributions made on January 24, 2025 with a record date of December 27, 2024 are treated for federal income tax purposes as received by shareholders on December 31, 2024 to the extent of the Company’s 2024 earnings and profits. As the Company’s aggregate 2024 dividends paid in 2024 exceeded its 2024 earnings and profits, the January 2025 cash distribution declared in the fourth quarter of 2024 will be treated as a 2025 distribution for federal income tax purposes and will be included on the 2025 Form 1099-DIV. |
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Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Company’s dividends. For additional information, refer to the Investor Relations section of the Company’s website.
ABOUT TRTX
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
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INVESTOR RELATIONS CONTACT
+1 (212) 405-8500
IR@tpgrefinance.com
MEDIA CONTACT
TPG RE Finance Trust, Inc.
Courtney Power
+1 (415) 743-1550
media@tpg.com
Source: TPG RE Finance Trust, Inc.
FAQ
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