TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) Announces Quarterly Dividend of $0.43

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL) announced a quarterly dividend on Friday, January 1st. Investors of record on Monday, June 1st will be paid a dividend of 0.4344 per share on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Monday, June 1st.

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Performance

Shares of TPGXL stock opened at $24.01 on Friday. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a twelve month low of $23.66 and a twelve month high of $26.25. The business has a fifty day simple moving average of $24.62 and a 200 day simple moving average of $24.90.

TPG Operating Group II, L.P. is a special purpose issuer affiliated with TPG Capital, a global alternative asset management firm. Established to raise capital for TPG’s diversified investment platform, the partnership draws on TPG’s experience in private equity, growth equity, real estate and credit. While TPG Operating Group II, L.P. itself does not manage investment funds directly, it serves as the issuing entity for debt securities used by TPG’s broader corporate and investment structure.

In November 2014, the partnership issued its 6.950% Fixed-Rate Junior Subordinated Notes due 2064, which trade under the ticker symbol TPGXL on the NASDAQ.