Analyzing TPG RE Finance Trust's Ex-Dividend Date

On June 15, 2021, TPG RE Finance Trust TRTX announced shareholders can expect to receive a dividend payable on July 23, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. TPG RE Finance Trust, which has a current dividend per share of $0.2, has an ex-dividend date scheduled for June 25, 2021. That equates to a dividend yield of 5.76% at current price levels.

The Significance Of Ex-Dividend Dates

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding TPG RE Finance Trust's Dividend History

Over the past year, TPG RE Finance Trust has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on September 24, 2020 the company's payout was $0.2, which has returned to its value today. TPG RE Finance Trust's dividend yield last year was 8.89%, which has since decreased by 3.13%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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