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

$23.86-0.38%

B-

Dividend Yield7.28%

Annual Dividend$1.74

Payout Ratio

N/A

Consecutive Years1 yrs

Frequencyquarterly

Next Ex-Date

N/A

Dividend Grades

vs Financial Services sector

B-

Overall

Yield

A+

Growth

N/ASafety

Consistency

Performance

Metric	TPGXL	Sector Median	Percentile
Dividend Yield	7.28%	3.27%	83th
Dividend Growth (5Y)	—	5.31%	90th
Payout Ratio	—	36.0%	—
Consecutive Years Paid	3	13	13th
1Y Total Return	+1.0%	8.8%	31th

Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →

1-Year Growth

28.11%

3-Year Growth

N/A

5-Year Growth

N/A

10-Year Growth

N/A

Key Dividend Dates

Next Ex-Date

N/A

Next Payment

N/A

Last Ex-Date

Feb 27, 2026

Last Payment

Mar 16, 2026

Dividend History

Ex-Date	Payment Date	Amount	Type	Change
Feb 27, 2026	Mar 16, 2026	$0.4344	Cash	0.00%
Dec 1, 2025	Dec 15, 2025	$0.4344	Cash	0.00%
Aug 29, 2025	Sep 15, 2025	$0.4344	Cash	0.00%
May 30, 2025	Jun 16, 2025	$0.4344	Cash	0.00%
Feb 28, 2025	Mar 17, 2025	$0.4344	Cash	0.00%
Nov 29, 2024	Dec 16, 2024	$0.4344	Cash	0.00%
Aug 30, 2024	Sep 16, 2024	$0.4344	Cash	-10.89%
May 31, 2024	Jun 17, 2024	$0.4875	Cash	N/A

Payout Ratio (Earnings)

N/A

FCF Payout Ratio

N/A

Peer Comparison

Symbol	Company	Yield	Payout	Years	Growth 5Y	Market Cap
VOYA	Voya Financial, Inc.	2.77%	29.30%	7	24.85%	$6.36B
HASI	HA Sustainable Infrastructure Capital, Inc.	4.73%	119.10%	1	4.32%	$4.56B
MSDL	Morgan Stanley Direct Lending Fund	13.86%	142.90%	0	N/A	$1.28B
RILYK	B. Riley Financial, Inc. 5.50% Senior Notes Due 2026	5.46%	19.50%	0	N/A	$785M
RILYN	B. Riley Financial, Inc. - 6.50	6.92%	23.10%	0	0.00%	$731M

Frequently Asked Questions

Does TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 pay a dividend?

Yes, TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (TPGXL) pays a quarterly dividend with a yield of 7.28%.

What is TPGXL's dividend yield?

TPGXL's current dividend yield is 7.28%. The annual dividend is $1.74.

When is TPGXL's next ex-dividend date?

The next ex-dividend date for TPGXL has not been announced yet.

How many years has TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 increased its dividend?

TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has increased its dividend for 1 consecutive years.

Compare TPGXL:

TPGXL vs VOYA TPGXL vs HASI TPGXL vs MSDL TPGXL vs RILYK

About this data

Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.

Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.

Consecutive years — calendar years with a higher total annual dividend than the prior year.

Growth rates — annualized, comparing the most recent full year total to the total N years prior.

For informational purposes only. Not investment advice.

Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.