Triangle Capital Corporation, 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 $0.41 per share. This is the Company's eleventh consecutive quarterly dividend since its initial public offering in February, 2007, and reflects a 2.5% increase over the second quarter of 2009 and a 7.9% increase over the third quarter of 2008.
The Company's dividend will be payable as follows:
Record Date: October 8, 2009
Payment Date: October 22, 2009
Disclosure I am long TCAP shares, curently up ytd 13.92% not including dividends of 0.85 cents a share so far this year.
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