Janney Montgomery Scott Upgrades Triangle Capital (TCAP) to Buy
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Triangle Capital Corporation Reports First Quarter 2016 Results and Announces Adjustment of Quarterly Dividend to $0.45 Per Share
May 4, 2016 4:25 PM EDTRALEIGH, N.C., May 04, 2016 (GLOBE NEWSWIRE) -- Triangle Capital Corporation (NYSE: TCAP) (Triangle or the Company), a leading provider of capital to lower middle market companies, today announced its financial and operating results for the first quarter of 2016.
Highlights
Total Investment Portfolio:Â $940.0 millionTotal Net Assets (Equity):Â $504.3 millionNet Asset Value Per Share (Book Value):Â $15.02Weighted Average Yield on Debt Investments:Â 12.3%Efficiency Ratio (G&A Expenses/Total Investment Income): Â 39.5%Efficiency... More