PreferredStockChannel
TPG RE Finance Trust Inc | 5.75% Ser E Cumul Redeemable Perp Preference Shares (TRTX.PRC)

Prospectus excerpt:  We are offering 7,000,000 of our 5.75% Series E Cumulative Redeemable Perpetual Preference Shares, liquidation preference $25.00 per share (the “Series E Preference Shares”). Dividends on the Series E Preference Shares are cumulative from the date of original issue and will be payable quarterly in arrears on the 15th day of March, June, September and December of each year, when, as and if declared by our board of directors or any authorized committee thereof. Dividends will be payable out of funds legally available therefor at the rate equal to 5.75% per annum of the $25.00 liquidation preference per share, or $1.4375 per share per year. The initial dividend on the Series E Preference Shares offered hereby, if declared, will be payable on September 15, 2021 in an amount equal to $0.10781 per share.

Full Prospectus PDF », Secondary Prospectus PDF », TRTX Page »

Series:E
Alternate symbology:TRTX-C, TRTX-PC, TRTXprC
Redeemable?:Yes
Call Date:9/15/2026
Perpetual?:Yes
Cumulative?:Yes
Shares Offered:7,000,000
Liquidation Preference:$25.00
Recent Market Price:$15.82
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-9.18 (-36.72%)
Annualized Dividend:1.5624
Recent Ex-Date:3/15/2024
Current Yield:9.88%
Original Coupon:5.75%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CDx3 Compliance Rating: Learn TRTX.PRC's Rating
TPG RE Finance Trust is a holding company. Through its subsidiaries, Co. conducts its operations as a real estate investment trust. Co. originates and acquires a 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 U.S., and commercial real estate debt securities, primarily investment-grade commercial real estate collateralized loan obligation securities. Co. is externally managed and advised by TPG RE Finance Trust Management, L.P.

Preferred: TRTX.PRC


Open the TRTX Information Page »
Name: 
TPG RE Finance Trust Inc
Website: 
www.tpgrefinance.com
Sector: 
REITs
Number of ETFs Holding TRTX: 
22 (see which ones)
Total Market Value Held by ETFs: 
$61,155,044.68
Total Market Capitalization: 
$565,000,000
% of Market Cap. Held by ETFs: 
10.82%

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

TPG RE Finance Trust Inc | 5.75% Ser E Cumul Redeemable Perp Preference Shares (TRTX.PRC) Information Page | Preferred Stock Channel | www.PreferredStockChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.