TPG RE Finance (TRTX)
Commercial mREIT | Multifamily
Company Fundamentals
Hoya research data: Updated Nov 10, 2026, 3:00 AM ET
Alpha Vantage company information: Updated Nov 9, 2026, 2:00 PM ET
TPG RE Finance (TRTX) is tracked in the Hoya Capital REIT and real estate database, classified under Commercial mREIT with a Multifamily focus. The company came public in 2017. It is categorized as a Small-Cap name in the database. The company has an equity market capitalization of approximately $0.5 billion. Shares recently traded near $6.74 with a dividend yield of about 14.24 percent. The company pays dividends on a quarterly schedule with a forward annual dividend rate of $0.96 per share. Its FFO payout ratio is roughly 100 percent. The stock is priced at roughly 6.1 times estimated 2026 funds from operations. Balance sheet leverage stands near 4.6 times debt to EBITDA. S&P rates the company's credit at B+. Moody's rates the company's credit at Ba3. The next scheduled ex-dividend date on file is 2026-12-29. Its management structure is listed as tpg real estate in the database. This profile includes fundamentals, dividend history and valuation data from Hoya Capital's research database. Figures reflect their source update dates where available and may change with subsequent research updates.
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments in North America. The company is headquartered in New York, New York.
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Dividend History
| Year | Dividends per share ($) |
|---|---|
| 2018 | $1.66 |
| 2019 | $1.72 |
| 2020 | $1.26 |
| 2021 | $1.26 |
| 2022 | $1.03 |
| 2023 | $0.96 |
| 2024 | $0.96 |
| 2025 | $0.96 |
| 2026 | $0.96 |
Annual dividends per share as recorded in the research database, in dollars. The table does not identify individual payment dates or distinguish completed-year totals from estimates. These historical database values are not a guarantee of future distributions.
Company website: www.tpgrefinance.com