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Friday, June 19, 2009

Triangle Capital Corporation Declares Cash Dividend of $0.40 Per Share

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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.

Bidaroo.com

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