TPVG Stock Recent News

Black sheeps are misunderstood vs. the rest of the herd. So is TriplePoint in the sea of BDCs. We take a deeper and closer look at their fundamental health. If you just use one measure for an entire sector, you miss countless opportunities.

Business development companies (BDCs) typically have high dividend yields, as they are required to distribute substantially all — at least 90% — of their earnings to shareholders. BDCs receive favorable tax treatment and, in return, they aren't allowed to retain earnings in the same way other companies are.

We gave TPVG a Sell rating the last time around and came out ahead by not taking capital losses. TPVG has trailed BIZD by 18% since then. We review the Q1-2024 results and tell you why the dividend cut probability has gone up.

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that Christopher M. Mathieu plans to retire as the Chief Financial Officer (“CFO”) of TPVG effective as of the close of business on August 9, 2024 and will continue to serve as an adviso.

Risk demands a discount on price and a higher yield. Evaluation of risk is highly personal; analysts are often in disagreement. We dig deeper, mining for valuable income.

TriplePoint Venture Growth (NYSE:TPVG ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Labe - Co-Founder, Chairman and CEO Sajal Srivastava - Co-Founder, President, CIO, Secretary and Treasurer Christopher Mathieu - CFO Conference Call Participants Finian O'Shea - Wells Fargo Crispin Love - Piper Sandler Vilas Abraham - UBS Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. First Quarter 2024 Earnings Conference Call.

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its first quarter ended March 31, 2024 after market-close on Wednesday, May 1, 2024. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, pr.

I collect income investments that can pay my way through life. You need cash to meet your bills head-on. We look at two ways to gain income exposure from the VC and IPO markets.

TriplePoint Venture Growth reported a larger-than-anticipated decline in net asset value and an increase in its payout ratio. The company's high non-accrual ratio and underwhelming investment performance raise concerns about the sustainability of its dividend. TPVG stock price has dropped and is now selling at net asset value, but caution is warranted due to the risk of a dividend cut.

We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching. BDCs finished flat on the week, outperforming other income sectors amid falling equity prices and Treasuries due to higher than expected inflation. Q4 results for BDCs were strong, with the average total NAV return around 2.5% and net investment income increasing from Q3.