News articles about TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TriplePoint Venture Growth BDC Corp. earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 46.4458028978238 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media stories that may have impacted Accern’s analysis:

Several equities research analysts recently commented on the company. Compass Point lowered TriplePoint Venture Growth BDC Corp. from a “buy” rating to a “neutral” rating and cut their target price for the company from $14.41 to $14.00 in a research report on Tuesday. ValuEngine upgraded TriplePoint Venture Growth BDC Corp. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 10th.

Shares of TriplePoint Venture Growth BDC Corp. (TPVG) opened at 13.35 on Friday. The company’s 50 day moving average price is $13.35 and its 200 day moving average price is $13.51. TriplePoint Venture Growth BDC Corp. has a 12 month low of $10.25 and a 12 month high of $14.41.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) last posted its quarterly earnings data on Tuesday, August 8th. The investment management company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.23. The business had revenue of $15.68 million for the quarter, compared to analysts’ expectations of $11.49 million. TriplePoint Venture Growth BDC Corp. had a return on equity of 13.05% and a net margin of 56.60%. Analysts forecast that TriplePoint Venture Growth BDC Corp. will post $1.63 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Tuesday, August 29th. This represents a $1.44 annualized dividend and a yield of 10.79%. TriplePoint Venture Growth BDC Corp.’s payout ratio is 76.19%.

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TriplePoint Venture Growth BDC Corp. Company Profile

TriplePoint Venture Growth BDC Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC’s (TPC) select group of venture capital investors.

Insider Buying and Selling by Quarter for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)

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