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TCAP Q3 2011 beats estimates, raises dividend, rapid reaction

|Includes:Triangle Capital (TCAP)

As reported on Yahoo and other sites, TCAP had a very solid Q3. I expected a good quarter when I did my write-up on TCAP, but this is impressive.

Some highlights:

  • Average NII of 52 cents/share (based on average share count)
  • NAV increase to 14.59
  • Average yield of 15.1% on investments

Very impressive and I look forward to the CC -

Stocks: TCAP