Triangle Capital Corporation (TCAP - Quote), a leading specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States, today announced that its board of directors has declared a cash dividend of $0.40 per share. This is the Company's tenth consecutive quarterly dividend since its initial public offering in February, 2007, and reflects a 14.3% increase over the same quarter in 2008.
payable on July 23 to shareholders of record on July 9.
The dividend yields 14.88%.
Disclosure I am long TCAP shares in my Financial Folio.
Excellent post on triangle.
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