TPG RE Finance Trust: Dividend Insights
Portfolio Pulse from Benzinga Insights
TPG RE Finance Trust (NYSE:TRTX) has announced a quarterly dividend of 24 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 24 cents lower. The dividend will be paid out to shareholders on October 25, 2023.
September 22, 2023 | 2:45 pm
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TPG RE Finance Trust has announced a quarterly dividend of 24 cents per share. This could lead to a temporary decrease in the stock price as it goes ex-dividend.
When a stock goes ex-dividend, it typically opens lower on the ex-dividend date to reflect the payout. This is a temporary effect and does not reflect on the company's fundamentals. However, it's important for investors who are considering buying or selling the stock around this time to be aware of this.
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IMPORTANCE 80
RELEVANCE 100