Triangle Capital (TCAP) increases its quarterly dividend by $0.01 to $0.53/share. At yesterday's...

|About: Triangle Capital (TCAP)|By:, SA News Editor

Triangle Capital (TCAP) increases its quarterly dividend by $0.01 to $0.53/share. At yesterday's closing price, it's a 8.66% annualized yield. Trading well above book value, the stock has struggled along with many other BDCs this month, but still commands a fancy 59.7% premium (based on Sept. 30's reported value). (PR)