TPG RE Finance Belief, Inc. Pronounces Tax Therapy of 2021 Dividends

NEW YORK, January 31, 2022–(BUSINESS WIRE)–TPG RE Finance Belief, Inc. (NYSE: TRTX) (“TRTX” or the “Firm”) right now introduced the earnings tax remedy of its 2021 widespread inventory and its 6.25% Collection C Cumulative Redeemable Most well-liked Inventory (the “Collection C Most well-liked Inventory”) dividends.

The next desk summarizes, for earnings tax functions, the character of money dividends paid to the Firm’s widespread stockholders for the tax yr ended December 31, 2021:

Frequent Inventory (CUSIP # 87266M107)

Report
Date

Cost
Date

Complete Distribution
per Share

Abnormal Revenue
per Share (1)

Capital Acquire
per Share

Non-Dividend
Distribution

3/26/2021

4/23/2021

$0.2000

$0.2000

$0.0000

$0.0000

6/28/2021

7/23/2021

0.2000

0.2000

0.0000

0.0000

9/29/2021

10/22/2021

0.2400

0.2400

0.0000

0.0000

12/29/2021(2)

1/25/2022

0.2400

0.2400

0.0000

0.0000

12/29/2021(2)(3)

1/25/2022

0.0700

0.0700

0.0000

0.0000

Totals

$0.9500

$0.9500

$0.0000

$0.0000

1.

Abnormal Revenue dividends are eligible for the 20% deduction relevant to “certified REIT dividends” pursuant to IRC Part 199A.

2.

Pursuant to IRC Part 857(b)(9), money distributions declared in October, November or December of 2021 to shareholders of document in such month and paid by the top of January 2022 are handled for federal earnings tax functions as obtained by shareholders on December 31, 2021 to the extent of the Firm’s 2021 tax earnings and income.

3.

Represents a non-recurring particular money dividend.

The next desk summarizes, for earnings tax functions, the character of money dividends paid to the holders of the Firm’s Collection C Most well-liked Inventory for the tax yr ended December 31, 2021:

Collection C Most well-liked Inventory (CUSIP# 87266M206)

Report
Date

Cost
Date

Complete Distribution
per Share

Abnormal Revenue
per Share (1)

Capital Acquire
per Share

Non-Dividend
Distribution

9/20/2021(2)

9/30/2021

$0.4601

$0.4601

$0.0000

$0.0000

12/20/2021

12/30/2021

0.3906

0.3906

0.0000

0.0000

Totals

$0.8507

$0.8507

$0.0000

$0.0000

1.

Abnormal Revenue dividends are eligible for the 20% deduction relevant to “certified REIT dividends” pursuant to IRC Part 199A.

2.

The Collection C Most well-liked Inventory dividend covers the interval from issuance (June 14, 2021) to, however excluding, September 30, 2021.

Shareholders are inspired to seek the advice of with their private tax advisors as to their particular tax remedy of the Firm’s dividends. For extra info, confer with the Investor Relations part of the Firm’s web site.

ABOUT TRTX

TPG RE Finance Belief, Inc. is a business actual property finance firm that originates, acquires, and manages primarily first mortgage loans secured by institutional properties situated in major and choose secondary markets in america. The Firm is externally managed by TPG RE Finance Belief Administration, L.P., part of TPG Actual Property, which is the actual property funding platform of world various asset agency TPG. For extra info relating to TRTX, go to https://www.tpgrefinance.com/.

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220131005023/en/

Contacts

INVESTOR RELATIONS CONTACT
+1 (212) 405-8500
[email protected]

MEDIA CONTACT
TPG RE Finance Belief, Inc.
Courtney Energy
+1 (415) 743-1550
[email protected]

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