TPG RE Finance Trust, Inc. (NYSE: TRTX) ("TRTX" or the "Company") announced that on December 15, 2020, the Company’s Board of Directors declared a cash dividend of $0.20 per share of common stock for the fourth quarter of 2020. The Board of Directors also approved an additional, non-recurring special cash dividend of approximately $14.0 million, or $0.18 per share of common stock, attributable to the Company’s estimated 2020 REIT taxable income which was previously undistributed. The full fourth quarter dividend, regular and special, will be payable on January 22, 2021 to common stockholders of record as of December 28, 2020.
TPG RE Finance Trust (TRTX) delivered earnings and revenue surprises of 61.54% and 14.35%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
TPG RE Finance Trust, Inc. (NYSE: TRTX) ("TRTX" or the "Company") reported its operating results for the quarter ended September 30, 2020.