TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
TriplePoint Venture Growth BDC Dividend Announcement
• TriplePoint Venture Growth BDC announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-13
• TriplePoint Venture Growth BDC annual dividend for 2024 was $1.40
• TriplePoint Venture Growth BDC annual dividend for 2023 was $1.60
• TriplePoint Venture Growth BDC's trailing twelve-month (TTM) dividend yield is 22.64%
• TriplePoint Venture Growth BDC's payout ratio for the trailing twelve months (TTM) is -596.84%
• TriplePoint Venture Growth BDC's dividend growth over the last five years (2018-2023) was 0.77% year
TriplePoint Venture Growth BDC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.30 | quarterly | 2024-12-27 |
2024-09-16 | $0.30 | quarterly | 2024-09-30 |
2024-06-14 | $0.40 | quarterly | 2024-06-28 |
2024-03-13 | $0.40 | quarterly | 2024-03-29 |
2023-12-14 | $0.40 | quarterly | 2023-12-29 |
2023-09-14 | $0.40 | quarterly | 2023-09-29 |
2023-06-14 | $0.40 | quarterly | 2023-06-30 |
2023-03-14 | $0.40 | quarterly | 2023-03-31 |
2022-12-21 | $0.10 | quarterly | 2022-12-30 |
2022-12-14 | $0.37 | quarterly | 2022-12-30 |
2022-09-14 | $0.36 | quarterly | 2022-09-30 |
2022-06-15 | $0.36 | quarterly | 2022-06-30 |
2022-03-14 | $0.36 | quarterly | 2022-03-31 |
2021-11-29 | $0.36 | quarterly | 2021-12-15 |
2021-08-30 | $0.36 | quarterly | 2021-09-15 |
2021-06-15 | $0.36 | quarterly | 2021-06-30 |
2021-03-12 | $0.36 | quarterly | 2021-03-31 |
2020-12-30 | $0.10 | quarterly | 2021-01-13 |
2020-11-25 | $0.36 | quarterly | 2020-12-14 |
2020-08-28 | $0.36 | quarterly | 2020-09-15 |
2020-06-15 | $0.36 | quarterly | 2020-06-30 |
2020-03-13 | $0.36 | quarterly | 2020-03-30 |
2019-11-27 | $0.36 | quarterly | 2019-12-16 |
2019-08-29 | $0.36 | quarterly | 2019-09-16 |
2019-05-30 | $0.36 | quarterly | 2019-06-14 |
2019-03-19 | $0.36 | quarterly | 2019-03-29 |
2018-12-19 | $0.10 | quarterly | 2018-12-28 |
2018-11-29 | $0.36 | quarterly | 2018-12-14 |
2018-08-30 | $0.36 | quarterly | 2018-09-14 |
2018-05-30 | $0.36 | quarterly | 2018-06-15 |
2018-03-22 | $0.36 | quarterly | 2018-04-06 |
2017-11-16 | $0.36 | quarterly | 2017-12-01 |
2017-08-29 | $0.36 | quarterly | 2017-09-15 |
2017-05-26 | $0.36 | quarterly | 2017-06-16 |
2017-03-29 | $0.36 | quarterly | 2017-04-17 |
2016-11-28 | $0.36 | quarterly | 2016-12-16 |
2016-08-29 | $0.36 | quarterly | 2016-09-16 |
2016-05-26 | $0.36 | quarterly | 2016-06-16 |
2016-03-29 | $0.36 | quarterly | 2016-04-15 |
2015-11-25 | $0.36 | quarterly | 2015-12-16 |
2015-08-27 | $0.36 | quarterly | 2015-09-16 |
2015-05-27 | $0.36 | quarterly | 2015-06-16 |
2015-03-24 | $0.36 | quarterly | 2015-04-16 |
2014-12-18 | $0.15 | quarterly | 2014-12-31 |
2014-11-25 | $0.36 | quarterly | 2014-12-16 |
2014-08-27 | $0.32 | quarterly | 2014-09-16 |
2014-05-28 | $0.30 | quarterly | 2014-06-17 |
2014-04-11 | $0.09 | quarterly | 2014-04-30 |
TriplePoint Venture Growth BDC Dividend per year
TriplePoint Venture Growth BDC Dividend growth
TriplePoint Venture Growth BDC Dividend Yield
TriplePoint Venture Growth BDC current trailing twelve-month (TTM) dividend yield is 22.64%. Interested in purchasing TriplePoint Venture Growth BDC stock? Use our calculator to estimate your expected dividend yield:
TriplePoint Venture Growth BDC Financial Ratios
TriplePoint Venture Growth BDC Dividend FAQ
Other factors to consider when evaluating TriplePoint Venture Growth BDC as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TriplePoint Venture Growth BDC's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TriplePoint Venture Growth BDC publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TriplePoint Venture Growth BDC distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TriplePoint Venture Growth BDC are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TriplePoint Venture Growth BDC sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TriplePoint Venture Growth BDC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TriplePoint Venture Growth BDC declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TriplePoint Venture Growth BDC's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TriplePoint Venture Growth BDC's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.