Triangle Capital Corporation (NYSE:TCAP) Updates On Quarterly Dividend


As per Triangle Capital Corporation (NYSE:TCAP) statement on 2016-08-24, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.45 per share as dividend to stakeholders. The record date is set as 2016-09-07, the payout date as 2016-09-21 and the ex-dividend date is 2016-09-02.

Last fiscal Triangle Capital Corporation (NYSE:TCAP) disbursed cash dividend of $0.45. A year ago, the payout was $0.45, which indicates a difference of -7.8125%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.45, implying 7.4201% growth.

For the period ended on 2015-12-31, Triangle Capital Corporation (NYSE:TCAP)’s earnings came at $0.49 per share compared to EPS of $0.56 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-02. For this quarter, the analysts have earnings estimate of $0.45 per share.

The interim price target for Triangle Capital Corporation (NYSE:TCAP) is set at $21. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Triangle Capital Corporation (NYSE:TCAP) is seen at $23 and the lowest level is established at $20. This broad range highlights a standard deviation of $1.732 in reported estimates.

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