Dividend Worth Mentioning Today: Dec 16, 2016 is the day TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) promises dividends of $0.36. Here’s what they have to say.

Dividend Worth Mentioning Today: Dec 16, 2016 is the day TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) promises dividends of $0.36. Here's what they have to say.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) is expected to pay $0.36 on Dec 16, 2016. The indicated annual dividend is $1.44. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on TriplePoint Venture Growth BDC Corp.’s current price of $12.24, the dividend is 2.94%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 8, 2016. The stock increased 0.16% or $0.02 on November 25, hitting $12.24. About 89,500 shares traded hands. TriplePoint Venture Growth BDC Corp (NYSE:TPVG) has risen 16.24% since April 25, 2016 and is uptrending. It has outperformed by 10.23% the S&P500.

TriplePoint Venture Growth BDC Corp

TriplePoint Venture Growth BDC Corp (NYSE:TPVG) Ratings Coverage

Out of 2 analysts covering TriplePoint Venture Growth BDC Corp. (NYSE:TPVG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. TriplePoint Venture Growth BDC Corp. has been the topic of 4 analyst reports since June 29, 2016 according to StockzIntelligence Inc. The firm has “Buy” rating by Compass Point given on Wednesday, June 29. The rating was upgraded by Compass Point on Thursday, September 22 to “Buy”. Compass Point downgraded it to “Neutral” rating and $12.25 target price in Thursday, August 25 report. The stock has “Buy” rating given by Ladenburg Thalmann on Monday, May 2.

More notable recent TriplePoint Venture Growth BDC Corp (NYSE:TPVG) news were published by: Nasdaq.com which released: “TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date Scheduled for …” on November 25, 2016, also Businesswire.com with their article: “TriplePoint Venture Growth BDC Corp. to Announce 2016 Third Quarter Financial …” published on October 31, 2016, Reuters.com published: “BRIEF-TriplePoint Venture Growth BDC Corp announces Q3 2016 financial resu…” on November 07, 2016. More interesting news about TriplePoint Venture Growth BDC Corp (NYSE:TPVG) were released by: Businesswire.com and their article: “TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2016 Financial …” published on November 07, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Triplepoint venture growth bdc corp – CFO Harold F. Zagunis will be …” with publication date: November 07, 2016.

TPVG Company Profile

TriplePoint Venture Growth BDC Corp., incorporated on June 28, 2013, is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC’s (TPC) select group of venture capital investors. The Firm targets investment opportunities in venture growth stage companies backed by venture capital investors. The Firm is managed by TPVG Advisers LLC. The Company’s subsidiaries include TPVG Variable Funding Company LLC (the financing subsidiary), and TPVG Investment LLC, an entity established for holding certain of the Company’s investments.

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