TPG RE Finance Trust, Inc.
TRTXReal Estate · Stock · quarterly payer
$8.45
Add to PortfolioForward Yield
11.36%
Annual Dividend
$0.96
Payout Ratio
150%
5-Yr Growth
-8.8%
Ex-Date
Mar 27, 2026
Frequency
Quarterly
TRTX Dividend Safety Score
49/ 100
Grade D
Risky
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage150% of earnings paid out
Balance-sheet strengthDebt/equity of 3.17
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TRTX a good dividend stock?
MixedTPG RE Finance Trust, Inc. (TRTX) pays a quarterly dividend yielding 11.36% ($0.96/yr), with 4 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (150%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.36%
- Payout Ratio
- 150%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- -8.8%
- Ex-Dividend Date
- Mar 27, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 1.47
- Market Cap
- $653.3M
- P/E Ratio
- 13.2
- 5-Yr Total Return
- -37%
- 52-Week Range
- $7.57 – $9.85
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 27, 2026 | — | $0.2400 | regular |
| Dec 26, 2025 | — | $0.2400 | regular |
| Sep 26, 2025 | — | $0.2400 | regular |
| Jun 27, 2025 | — | $0.2400 | regular |
| Mar 28, 2025 | — | $0.2400 | regular |
| Dec 27, 2024 | — | $0.2400 | regular |
| Sep 27, 2024 | — | $0.2400 | regular |
| Jun 27, 2024 | — | $0.2400 | regular |
| Mar 27, 2024 | — | $0.2400 | regular |
| Dec 28, 2023 | — | $0.2400 | regular |
| Sep 27, 2023 | — | $0.2400 | regular |
| Jun 27, 2023 | — | $0.2400 | regular |
| Mar 28, 2023 | — | $0.2400 | regular |
| Dec 28, 2022 | — | $0.2400 | regular |
Income Calculator
At $0.96 / yr per share
Per payment (quarterly)$24.00
Annual$96.00
Monthly avg$8.00
