TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 (NASDAQ:TPGXL – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 19,155 shares, a growth of 104.7% from the July 15th total of 9,357 shares. Based on an average daily trading volume, of 18,725 shares, the days-to-cover ratio is presently 1.0 days.
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Stock Performance
Shares of TPGXL stock traded up $0.35 on Friday, reaching $22.90. The company had a trading volume of 21,842 shares, compared to its average volume of 22,970. The company has a 50-day moving average of $23.04 and a 200-day moving average of $24.08. TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 has a 12 month low of $22.34 and a 12 month high of $26.25.
TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.4344 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.74 dividend on an annualized basis and a yield of 7.6%.
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.
See Also
- Five stocks we like better than TPG Operating Group II, L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for TPG Operating Group II L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG Operating Group II L.P. 6.950% Fixed-Rate Junior Subordinated Notes due 2064 and related companies with MarketBeat.com's FREE daily email newsletter.
