TPG RE Finance Trust, Inc. Announces Tax Treatment of 2019 Dividends
January 31 2020 - 8:30AM
Business Wire
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the
“Company”) today announced the income tax treatment of its 2019
common stock dividends. The following table summarizes, for income
tax purposes, the nature of cash dividends paid to the Company’s
common stockholders for the tax year ended December 31, 2019:
Common Stock (CUSIP #
87266M107)
Record
Payment
Total Distribution
Ordinary Income
Capital Gain
Non-Dividend
Date
Date
Per Share
Per Share(1)
Per Share
Distributions
3/29/2019
4/25/2019
$0.4300
$0.4300
$0.0000
$0.0000
6/28/2019
7/25/2019
0.4300
0.4300
0.0000
0.0000
9/27/2019
10/25/2019
0.4300
0.4300
0.0000
0.0000
12/27/2019(2)
1/24/2020
0.4300
0.4300
0.0000
0.0000
Totals
$1.7200
$1.7200
$0.0000
$0.0000
- Ordinary Income dividends are eligible for the 20% deduction
applicable to “qualified dividends” pursuant to IRC Section
199A.
- Pursuant to IRC Section 857(b)(9), cash distributions declared
in October, November or December of 2019 to shareholders of record
in such month and paid by the end of January 2020, are treated for
federal income tax purposes as received by shareholders on December
31, 2019 to the extent of the Company’s 2019 tax earnings and
profits.
Shareholders are encouraged to consult with their personal tax
advisors as to their specific tax treatment of the Company’s
dividends. For additional information, please refer to the Investor
Relations section of the Company’s website.
ABOUT TRTX
TPG RE Finance Trust, Inc. is a commercial real estate finance
company that focuses primarily on originating, acquiring, and
managing first mortgage loans and other commercial real
estate‐related debt instruments secured by institutional properties
located in primary and select secondary markets in the United
States. The Company is externally managed by TPG RE Finance Trust
Management, L.P., a part of TPG Real Estate, which is the real
estate investment platform of TPG. TPG is a global alternative
asset firm with a 25-year history and more than $119 billion of
assets under management. For more information regarding TRTX, visit
www.tpgrefinance.com.
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INVESTOR RELATIONS (212) 405-8500 IR@tpgrefinance.com
MEDIA TPG RE Finance Trust, Inc. Courtney Power (415)
743-1550 media@tpg.com
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