TRTX Dividend History & Analysis | 10.6% Yield

TRTX has a dividend yield of 10.6% and paid 0.96 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 10.61%
Dividends per Share 12m 0.96
Dividend Growth Rate CAGR 5y -12.53%
Overall Dividend Rating 45.81%
Yield on Cost 5y 19.28%
Payout Ratio 115.7%
Payouts in the last 12m 4
Payout Consistency 5y 1.51%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Number of Payouts Yearly This chart shows the number of dividend payouts per year. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over the last 5 years in one graph. The price axis is on the left and the dividend yield axis is on the right.

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap (USD) Dividend Yield TTM Yield on Cost (purchase 5y ago)
AFCG 72 M 26.8% 10.7%
CHMI 87 M 23.4% 12.1%
EARN 200 M 18.9% 16.9%
ORC 1,121 M 19.5% 13.3%
MFA 923 M 15.4% 20.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap (USD) Growth Rate (CAGR) Payout Consistency
MITT 228 M 69.9% 83.8%
LADR 1,365 M -0.54% 88.3%
ABR 2,431 M 8.74% 80.8%
DX 1,944 M -3.32% 66.4%
AFCG 72 M 16.6% 94.6%

Similar Stocks with Attractive Dividends - Compare TRTX Dividends with its Peer-Group

MITT
AG Mortgage
10.55% Yield
ABR
LADR
Ladder Capital
8.61% Yield
EFC
DX
Dynex Capital
14.58% Yield
STWD
Starwood Property
10.40% Yield

TRTX Dividend History: Last 34 Payments (USD) as of November 2025

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-09-26 2025-09-26 2025-10-24 Quarterly 0.24 0% 2.79%
2025-06-27 2025-06-27 2025-07-25 Quarterly 0.24 0% 3.08%
2025-03-28 2025-03-28 2025-04-25 Quarterly 0.24 0% 2.95%
2024-12-27 2024-12-27 2025-01-24 Quarterly 0.24 0% 2.85%
2024-09-27 2024-09-27 2024-10-25 Quarterly 0.24 0% 2.89%
2024-06-27 2024-06-27 2024-07-25 Quarterly 0.24 0% 2.87%
2024-03-27 2024-03-28 2024-04-25 Quarterly 0.24 0% 3.18%
2023-12-28 2023-12-29 2024-01-25 Quarterly 0.24 0% 3.57%
2023-09-27 2023-09-28 2023-10-25 Quarterly 0.24 0% 3.6%
2023-06-27 2023-06-28 2023-07-25 Quarterly 0.24 0% 3.26%
2023-03-28 2023-03-29 2023-04-25 Quarterly 0.24 0% 3.5%
2022-12-28 2022-12-29 2023-01-25 Quarterly 0.24 0% 3.44%
2022-09-27 2022-09-28 2022-10-25 Quarterly 0.24 0% 3.15%
2022-06-27 2022-06-28 2022-07-25 Quarterly 0.24 0% 2.58%
2022-03-28 2022-03-29 2022-04-25 Quarterly 0.24 -22.6% 2.03%
2021-12-28 2021-12-29 2022-01-25 Quarterly 0.31 29.2% 2.5%
2021-09-28 2021-09-29 2021-10-22 Quarterly 0.24 20% 1.88%
2021-06-25 2021-06-28 2021-07-23 Quarterly 0.2 0% 1.41%
2021-03-25 2021-03-26 2021-04-23 Quarterly 0.2 -47.4% 1.85%
2020-12-24 2020-12-28 2021-01-22 Quarterly 0.38 90% 3.54%
2020-09-24 2020-09-25 2020-10-23 Quarterly 0.2 0% N/A
2020-06-25 2020-06-26 2020-07-24 Quarterly 0.2 -53.5% N/A
2020-06-12 2020-06-15 2020-07-14 Quarterly 0.43 0% N/A
2020-03-26 2020-03-27 2020-04-24 Quarterly 0.43 0% N/A
2019-12-26 2019-12-27 2020-01-24 Quarterly 0.43 0% N/A
2019-09-26 2019-09-27 2019-10-25 Quarterly 0.43 0% N/A
2019-06-27 2019-06-28 2019-07-25 Quarterly 0.43 0% N/A
2019-03-28 2019-03-29 2019-04-25 Quarterly 0.43 0% N/A
2018-12-27 2018-12-28 2019-01-25 Quarterly 0.43 0% N/A
2018-09-27 2018-09-28 2018-10-25 Quarterly 0.43 0% N/A
2018-06-22 2018-06-25 2018-07-25 Quarterly 0.43 2.4% N/A
2018-03-28 2018-03-29 2018-04-25 Quarterly 0.42 10.5% N/A
2017-12-28 2017-12-29 2018-01-25 Quarterly 0.38 15.2% N/A
2017-10-05 2017-10-06 2017-10-25 Other 0.33 0% N/A

TRTX Dividend FAQ

TPG RE Finance Trust Inc. (NYSE: TRTX) is a Mortgage REIT that originates, acquires, and manages a diversified portfolio of U.S. commercial mortgage loans and related debt instruments. Its investments span senior and subordinate mortgage loans, mezzanine financing, secured real-estate securities, preferred equity, and structured products such as CRE-CLOs and CMBS, with a concentration in multifamily, life-science, mixed-use, hospitality, self-storage, and industrial properties. Because it qualifies as a REIT, the company avoids federal corporate income tax provided it distributes at least 90 % of taxable income to shareholders.

What is the Dividend Yield of TRTX?

As of November 2025, TRTX`s dividend yield is 10.61%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.96 USD by the current share price of 9.05.

Does TRTX pay a dividend?

As of November 2025, TRTX paid a dividend of 0.96 USD in the last 12 months. The last dividend was paid on 2025-09-26 and the payout was 0.24 USD.

How often does TRTX pay dividends?

TRTX pays dividends quarterly. Over the last 12 months, TRTX has issued 4 dividend payments. The last dividend payment was made on 2025-09-26.

Will TRTX pay dividends in 2025?

The latest dividend paid per share was 0.24 USD with an Ex-Dividend Date of 2025-09-26. The next Ex-Dividend date for TPG RE Finance Trust (TRTX) is currently unknown.

What is the next Ex-Dividend Date for TRTX?

The next Ex-Dividend date for TPG RE Finance Trust (TRTX) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of TRTX?

TRTX's average dividend growth rate over the past 5 years is -12.53% per year.
Negative growth: TRTX's Dividend growth is negative and declining.

What is the Yield on Cost of TRTX?

TRTX's 5-Year Yield on Cost is 19.3%. If you bought TRTX's shares at 4.98 USD five years ago, your current annual dividend income (0.96 USD per share, trailing 12 months) equals 19.3% of your original purchase price.

What is the Payout Consistency of TRTX?

TRTX Payout Consistency is 93.2%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: TPG RE Finance Trust has a strong track record of consistent dividend payments over its lifetime.

Does TRTX have a good Dividend Yield?

TRTX`s 10.61% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of TRTX?

The Dividend Payout Ratio of TRTX is 115.7%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of TRTX?

TRTX`s Overall Dividend Rating is 45.81%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TRTX Outstanding Shares Analysis

What is the Trend in TRTX`s Outstanding Shares (CAGR)?

TPG RE Finance Trust`s outstanding shares have increased by approximately 1.93% annually over the past 3 years (Correlation: 100.0%), negatively influencing the share price.

Has TPG RE Finance Trust ever had a Stock Split?

No Stock Splits found.
Year Number of Shares Annual Growth Rate
2015 33,000,000
2016 41,000,000 +24.24%
2017 54,000,000 +31.71%
2018 63,000,000 +16.67%
2019 73,000,000 +15.87%
2020 77,000,000 +5.48%
2021 82,000,000 +6.49%
2022 77,000,000 -6.1%
2023 78,000,000 +1.3%
2024 80,000,000 +2.56%

Key Metric Definitions

  • Dividend Yield: Annual dividend per share divided by current share price.
  • Dividend Growth Rate: Compound annual growth rate of annual dividend per share over the last 5 years.
  • Payout Ratio: Percentage of earnings paid as dividends (TTM).
  • Payout Consistency: % of eligible periods with uninterrupted or increased dividends, measured over the entire lifetime of the stock or fund.
  • Payout Frequency: Number of dividends paid in the last 12m (TTM).
  • Overall Dividend Rating: Proprietary composite score, quantified on a scale from 0 to +100. Ratings surpassing 70 are regarded as favorable, while those exceeding 85 are strong.
  • Total Return: Price appreciation plus dividends over specified period.
  • Market Cap: Figures are in millions of the corresponding currency.

Last update: 2025-10-27 02:01