TPG RE Finance Trust, Inc. Declares Cash Dividend on Common Stock and Series B Cumulative Redeemable Preferred Stock
June 15 2021 - 4:01PM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the
“Company”) announced that on June 14, 2021, the Company’s Board of
Directors declared a cash dividend of $0.20 per share of common
stock for the second quarter of 2021. The dividend will be paid on
July 23, 2021 to common stockholders of record as of June 28,
2021.
On June 14, 2021, the Company’s Board of Directors also declared
a cash dividend of $0.69 per share of 11% Series B Cumulative
Redeemable Preferred Stock (the “Series B Preferred”) for the
quarterly period ending June 29, 2021. The Series B Preferred
dividend is payable on June 16, 2021 to the Series B Preferred
stockholder of record as of June 15, 2021.
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 the United States. The
Company is externally managed by TPG RE Finance Trust Management,
L.P., a part of TPG Real Estate, which is the real estate
investment platform of global alternative asset firm TPG. For more
information regarding TRTX, visit
https://www.tpgrefinance.com/.
FORWARD-LOOKING STATEMENTS
The information contained in this press release contains
“forward‐looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward‐looking
statements are subject to various risks and uncertainties,
including, without limitation, statements relating to the
performance of the investments of the Company; the ultimate
geographic spread, severity and duration of pandemics such as novel
coronavirus (“COVID-19”), actions that may be taken by governmental
authorities to contain or address the impact of such pandemics, and
the potential negative impacts of such pandemics on the global
economy and the Company’s financial condition and results of
operations; the Company’s ability to originate loans that are in
the pipeline and under evaluation by the Company; and financing
needs and arrangements. Forward‐looking statements are generally
identifiable by use of forward‐looking terminology such as “may,”
“will,” “should,” “potential,” “intend,” “expect,” “endeavor,”
“seek,” “anticipate,” “estimate,” “believe,” “could,” “project,”
“predict,” “continue” or other similar words or expressions.
Forward‐looking statements are based on certain assumptions,
discuss future expectations, describe existing or future plans and
strategies, contain projections of results of operations, liquidity
and/or financial condition or state other forward‐looking
information. Statements, among others, relating to the continuing
impact of COVID-19 on the Company’s business, financial condition
and results of operations and the Company’s ability to generate
future growth and deliver returns are forward-looking statements,
and the Company cannot assure you that TRTX will achieve such
results. The ability of TRTX to predict future events or conditions
or their impact or the actual effect of existing or future plans or
strategies is inherently uncertain. Although the Company believes
that such forward‐looking statements are based on reasonable
assumptions, actual results and performance in the future could
differ materially from those set forth in or implied by such
forward‐looking statements. You are cautioned not to place undue
reliance on these forward‐looking statements, which reflect the
Company’s views only as of the date of this press release. Except
as required by law, neither the Company nor any other person
assumes responsibility for the accuracy and completeness of the
forward‐looking statements appearing in this press release. The
Company does not undertake any obligation to update any
forward-looking statements contained in this press release as a
result of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210615006092/en/
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
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