TPG Sets Quarterly Dividend at $0.55, Down 6.8% From Prior Payout

TPG Inc. set its next quarterly dividend at $0.55 per share Thursday, a 6.8% decrease from its previous quarterly dividend of $0.59 per share. Holders must be on record at the close of business Nov. 9 to receive the payment, which is scheduled for Nov. 23. At a TPG share price of $44.59 as of 8:31 a.m. ET (12:31 UTC), the dividend represents a 4.93% forward yield, based on an annualized payout of $2.20 per share. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost