Is TCAP a buy? - Seeking Alpha

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BDC Risk Profiles: Part 2
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BDC Risk Profiles: Part 1
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Thu, May 9
Triangle Capital Corporation Reports First Quarter 2013 Results

GlobeNewswire (May 8, 2013)
10 Top Financial Dogs Track 7.5% To 22% Gains In April
Fredrik Arnold • Sat, May 4 • 19 Comments
Earnings Preview For BDCs: Q1 2013, Part 3
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Triangle Capital Corporation Announces Conference Call to Discuss First Quarter 2013 Results

GlobeNewswire (Apr 15, 2013)
The DGI Lite Portfolio Q4 Results
Miz Magic DiviDogs • Thu, Apr 4 • 66 Comments
Dividend Challengers Smackdown XXXVII
David Fish • Thu, Apr 4 • 20 Comments
Senior Debt Yielding Over 7%
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Top 6 March Financial Dogs Point Out 8% To 17% Gains
Fredrik Arnold • Thu, Mar 21 • 12 Comments
March Madness Review: 5 Starters, 2 Subs And 6 Recruits
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Triangle Capital: A Pullback Makes This 8% Yielder A Strong Buy
Hawkinvest • Thu, May 2 • 5 Comments
High Priced BDCs: Are They Worth It?
BDC Buzz • Wed, Apr 24 • 21 Comments
16 BDCs - The Good, The Bad And The Maybe? Part 12: Triangle Capital
BDC Buzz • Thu, Mar 7 • 10 Comments
Triangle Capital Corporation: Tempest In A TCAP
Joseph P. Porter • Thu, Nov 15, 2012 • 121 Comments
Rising Dividend Payout And Yield Of 9% Make This Stock A Buy
Hawkinvest • Thu, Aug 30, 2012 • 14 Comments
Another Favorable Look At Business Development Companies
Giancarlo Nicoli • Thu, Apr 5, 2012 • 32 Comments
A Solid 9% Yielder For Income Investors
Bret Jensen • Tue, Mar 6, 2012 • 39 Comments
Triangle Capital: Management's Interests Aligned With Investors
Alan Brochstein • Sun, Nov 20, 2011 • 9 Comments
A Look At Triangle Capital's Recent Equity Raise
BDC Review • Thu, Aug 25, 2011 • 8 Comments
Triangle Capital: Dividend Outlook Short Term and Long Term
Nicholas Marshi • Fri, Sep 3, 2010 • 9 Comments
Triangle Capital: Will Earnings Catch Up With Dividend?
Nicholas Marshi • Fri, Apr 23, 2010 • 3 Comments

BDC Risk Profiles: Part 2
BDC Buzz • Thu, May 23 • 10 Comments
BDC Risk Profiles: Part 1
BDC Buzz • Wed, May 22 • 22 Comments
Latest BDC Rankings For Q1 2013
BDC Buzz • Mon, May 20 • 37 Comments
Get In On The Ground Floor Like A VC With Public BDCs
AppHead • Wed, May 15 • 3 Comments
Are You Holding Overvalued Stocks And Wondering If It's Time To Sell?
Bob Johnson • Tue, May 14 • 80 Comments
Building A High-Yielding Small Portfolio That Can Outperform The Market By A Big Margin
Arie Goren • Mon, May 13 • 12 Comments
10 Top Financial Dogs Track 7.5% To 22% Gains In April
Fredrik Arnold • Sat, May 4 • 19 Comments
Earnings Preview For BDCs: Q1 2013, Part 3
BDC Buzz • Thu, May 2 • 7 Comments
Why Solar Capital Yields X And Triangle Capital Yields Y
Factoids • Mon, Apr 15 • 13 Comments
The DGI Lite Portfolio Q4 Results
Miz Magic DiviDogs • Thu, Apr 4 • 66 Comments
Dividend Challengers Smackdown XXXVII
David Fish • Thu, Apr 4 • 20 Comments
Senior Debt Yielding Over 7%
Valuematters • Wed, Apr 3 • 11 Comments
Top 6 March Financial Dogs Point Out 8% To 17% Gains
Fredrik Arnold • Thu, Mar 21 • 12 Comments
March Madness Review: 5 Starters, 2 Subs And 6 Recruits
Ron Stewart • Thu, Mar 21 • 12 Comments
Like High Dividends? BDCs Are Worth A Look
Harry Domash • Wed, Mar 20 • 6 Comments
5 BDCs To Buy For Up To 11.7% Dividend Yields
Todd Johnson • Fri, Mar 15 • 46 Comments
Companies That Reported 30% Sales Growth Last Week
Stock Market Joe • Wed, Mar 13 • 10 Comments
Looking For High Yield In Out-Of-The-Way Places: Business Development Companies
Marc Gerstein • Mon, Mar 11 • 78 Comments
Dividend Challengers Smackdown XXXVI
David Fish • Wed, Mar 6 • 21 Comments
14 BDCs - The Good, The Bad And The Maybe? Part 10: THL Credit
BDC Buzz • Tue, Mar 5 • 12 Comments

Triangle Capital's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Thu, May 9
Triangle Capital's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Thu, Mar 7
Triangle Capital's CEO Discusses Q3 2012 Results- Earnings Call Transcript
Thu, Nov 8, 2012
Triangle Capital's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Thu, Aug 2, 2012

Triangle Capital Corporation Reports First Quarter 2013 Results

GlobeNewswire (May 8, 2013)
Triangle Capital Corporation Announces Conference Call to Discuss First Quarter 2013 Results

GlobeNewswire (Apr 15, 2013)
Triangle Capital Corporation Reports Fourth Quarter and Full Year 2012 Results

GlobeNewswire (Mar 6, 2013)
Triangle Capital Corporation Announces Increase of Dividend to $0.54 Per Share

GlobeNewswire (Feb 27, 2013)
Triangle Capital Corporation Announces Conference Call to Discuss Fourth Quarter and Full Year 2012 Results

GlobeNewswire (Feb 5, 2013)
Lightning Round: Walgreen, Nike and More

at CNBC.com (Jan 2, 2013)
Triangle Capital Corporation Invests $16.0 Million in Comverge, Inc.

GlobeNewswire (Dec 11, 2012)
Triangle Capital Corporation Announces Increase of Dividend to $0.53 Per Share

GlobeNewswire (Nov 28, 2012)
Triangle Capital Corporation Reports Third Quarter 2012 Results

GlobeNewswire (Nov 7, 2012)
Triangle Capital Corporation Closes Overallotment Option in Connection With Public Offering of Senior Unsecured Notes and Trading of Notes Begins on NYSE

GlobeNewswire (Nov 6, 2012)
Triangle Capital Corporation Prices Public Offering of $70.0 Million 6.375% Senior Unsecured Notes Due 2022

GlobeNewswire (Oct 16, 2012)
Triangle Capital Corporation Announces Conference Call to Discuss Third Quarter 2012 Results

GlobeNewswire (Oct 10, 2012)
Triangle Capital Corporation Invests $6.0 Million in DCWV Acquisition Corporation

GlobeNewswire (Sep 24, 2012)
Triangle Capital Corporation Announces Closing of $165.0 Million Senior Credit Facility

GlobeNewswire (Sep 18, 2012)
Triangle Capital Corporation Invests $12.0 Million in Parts Now!, LLC

GlobeNewswire (Sep 12, 2012)
Triangle Capital Corporation Announces an Updated Investor Presentation and an Industry Presentation are Available on Its Corporate Website

GlobeNewswire (Sep 10, 2012)
Triangle Capital Corporation Announces Increase of Dividend to $0.52 Per Share

GlobeNewswire (Aug 29, 2012)
Triangle Capital Corporation Reports Second Quarter 2012 Results

GlobeNewswire (Aug 1, 2012)
Triangle Capital Corporation Invests $7.2 Million in Eckler Holdings, Inc.

GlobeNewswire (Jul 23, 2012)
Triangle Capital Corporation Invests $9.5 Million in DataSource, Inc.

GlobeNewswire (Jul 18, 2012)

TCAP vs. ETF Alternatives

Company Description

Currently, there's no company description for TCAP.

Sector: Financial

Industry: Asset Management

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Friday, May 10, 3:58 PM Main Street Capital (MAIN +0.6%) touts portfolio activity in its earnings call, with $56.2M in originations (total portfolio around $900M) in Q1 and current pipeline "consistent with the levels we have historically experienced (CC transcript)." Triangle Capital (TCAP +1.1%) - which got punished yesterday for light activity and a middling outlook - bounces nicely today. Comment! [Financials]
Friday, May 10, 7:12 AM More deal flow. Prospect Capital (PSEC) provides a $60M credit line to Sandow Media, LLC, bringing YTD originations to about $1B. For perspective, the company closed nearly $3B in the year ended March 31. Triangle Capital (TCAP) yesterday got hit for a 5% decline after reporting very little Q1 action and management silent on Q2 as it waxed optimistic about 2013 H2. 4 Comments [Financials]
Thursday, May 9, 4:36 PM Triangle Capital (TCAP -5%) took a big tumble following the earnings call as management was pressed (transcript) on what was going on in the market that led to such little portfolio activity in Q1. "There were deals that we hoped to get that we didn't get ... it was definitely slower activity," says CIO Brent Burgess, quickly adding he sees pipelines building and expects a busy Q3 and Q4 (Q2 not mentioned). Comment! [Financials, On the Move]
Thursday, May 9, 11:53 AM Triangle Capital (TCAP -0.7%) recovers a chunk of a steeper early decline following its earnings miss. NII of $0.56/share is up 14.3% Y/Y and NAV of $15.32/share rose $0.02 from Dec. 31. The weighted-average yield on debt investments rose 20 bps from Dec. 31 to 14.8%. If there's a weakness, it would be light investment activity in Q1 - $10.3M of new investments, balanced nearly in full by repayments and other sales. (PR) 2 Comments [Financials]
Wednesday, May 8, 4:03 PM Triangle Capital (TCAP): Q1 NII of $0.56 misses by $0.01. (PR) Comment! [Earnings, Breaking News, Financials]
Wednesday, May 8, 12:10 AM Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX Comment! [Earnings]
Tuesday, May 7, 5:35 PM Notable earnings after Wednesday’s close: AHT, ALJ, ATLS, ATVI, AVNR, CF, CLNE, CLR, CTL, CTRP, CUZ, CXW, DEPO, DK, ERII, ETE, ETP, GMCR, GRPN, GSS, HALO, HEK, HNSN, JOE, LPSN, MBLX, MDR, MED, MIDD, MM, MNST, MNTX, MWE, NWSA, OSUR, PPO, PVA, QTM, RAX, RGP, RIG, RST, SGMO, SPRD, SSRI, STEC, SXL, SZYM, TCAP, TSLA, WR, XTEX Comment! [Earnings]
Wednesday, March 6, 4:23 PM More on Triangle Capital (TCAP) Q4 earnings: Net asset value of $15.30/share, up from $14.68 a year ago. Net investment income of $0.57/share, +29.6% Y/Y and compares to $0.53 dividend (going to $0.54 in Q1). Total investment portfolio of $706.8M. Weighted average yield on debt instruments of 14.6%. (PR) Comment! [Financials]
Wednesday, March 6, 4:05 PM Triangle Capital (TCAP): Q4 EPS of $0.57 beats by $0.02. (PR) Comment! [Earnings, Breaking News, Financials]
Wednesday, March 6, 12:10 AM Notable earnings after Wednesday’s close: ALJ, AMTG, CODI, DK, DRYS, ERII, NQ, PETM, PNY, TCAP Comment! [Earnings]
Tuesday, March 5, 5:35 PM Notable earnings after Wednesday’s close: ALJ, AMTG, CODI, DK, DRYS, ERII, NQ, PETM, PNY, TCAP Comment! [Earnings]
Wednesday, February 27, 6:55 PM Triangle Capital Corporation (TCAP) declares $0.54/share quarterly dividend. Forward yield 7.24%. For shareholders of record Mar. 13. Payable Mar. 27. Ex-div date Mar. 11. (PR) Comment! [Dividends]
Wednesday, February 27, 5:04 PM Triangle Capital (TCAP) increases its quarterly dividend to $0.54/share from $0.53 previously. The annualized yield goes to 7.24%. (PR) Comment! [Financials]
Friday, February 8, 12:54 PM In 2013 Q1, BDCs might find themselves paying for a robust 2012 Q4 (when companies rushed to close deals ahead of tax hikes). "Our deal pipeline in Q1 is much slower than it was last quarter," said Golub Capital (GBDC) CEO David Golub on the earnings call (transcript). "It's not anemic ... but there's no question that we and others in the market are feeling the full-forward effect of last quarter." 6 Comments [Financials]
Wednesday, November 28, 2012, 7:14 AM 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) Comment! [Financials]
Wednesday, November 28, 2012, 7:14 AM Triangle Capital (TCAP) declares $0.53/share quarterly dividend, 1.9% increase from prior dividend of $0.52. Forward yield 8.65%. For shareholders of record Dec 12. Payable Dec 26. Ex-div date Dec 10. (PR) Comment! [Dividends]

Joseph P. Porter
Everything in general is up, but BDCs like $TCAP and $MAIN on the downside. Are BDCs the new contrarians, or do they know something we don't
Apr 9, 3:15 PM
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Joseph P. Porter: Well, darn! If I'd known you were going to do that, I'd have held back on buying $IAG and $PAAS, just to buy more $TCAP.
Apr 9, 6:52 PM
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Miz Magic DiviDogs: :)
Apr 9, 7:34 PM
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Joseph P. Porter
$TCAP up 0.93 yesterday, down 0.40 today (so far). Up 1 day, Down the next. Change ticker to TDUM - a no-prize to whoever figures it out.
Apr 5, 12:01 PM
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Joseph P. Porter: Just took a look - notice you got $PBI. They're one of my "dogs" of S&P - they are doing really nice so far, considering they are having to
Apr 8, 3:24 PM
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Joseph P. Porter: change their business model a little. I got $TCAP - it's one of my 3 "cores" along with $PFE and $RNO. $PFE just grows, the other 2 pay.
Apr 8, 3:27 PM
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The Wall Street Transcript
Triangle Capital Corporation ($TCAP) Continues Growing Dividends and Netting Positive ROI- http://su.pr/2OCbyA
Apr 4, 11:37 AM
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Joseph P. Porter: would not be owning $TCAP but for the very lucrative dividend. As long as they keep that in place, I'm happy.
Apr 5, 11:53 AM
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Joseph P. Porter
BDCs seem to be taking a hit - $TCAP down a lot, $FSC, $PSEC, $MAIN all down, but more reasonably.
Apr 1, 1:35 PM
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The Complete Dividend Plan: Volume for $PSEC on down day is below average. Nothing to worry about.
Apr 1, 5:39 PM
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mrmedusa: I love ANYthing that plods along, a little up, a little down, paying 12%. What does Wells Fargo pay me for deposit accounts?
Apr 2, 7:10 AM
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Joseph P. Porter
Looks like stocks trying to buck the Cypriot down-trend. $AMD and $PFE had good news; $RNO, $ONTY look to be up, $TCAP trying to move up.
Mar 27, 3:36 PM
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Todd Johnson
5 BDCs To Buy For Up To 11.7% Dividend Yields $KCAP, $MAIN, $PSEC, $TCAP, $TCRD http://bit.ly/15QWVUN
Mar 15, 1:28 PM
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Dividend Sheet
$TCAP $AEE and $NWM are next monday's best yielding ex-dividend stocks - http://stks.co/s4ju - 22 stocks with 3.97% average yield. $$
Mar 8, 5:07 AM
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Joseph P. Porter
$RNO is a real bargain now - nearly at total 2012 sales, and is only Q1 - while other companies are trimming operations. $TCAP is a beast.
Feb 28, 11:12 AM
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Joseph P. Porter
$DCIX, $FSC, $AMD, $ONTY, $PFE, $$RNO, $TCAP all up big time. $ONTY up 7.53% - about time people took advantage of big discount.
Feb 27, 3:01 PM
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djamison: I know !!! Just when I was thinking things were are looking good !!
Mar 1, 9:03 AM
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Joseph P. Porter: They're good - it's just best to not pay attention to their stock price. $PFE is the best performing stock I have had long term, so I cope.
Mar 1, 11:10 AM
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Zach Tripp
Another big volume day in $TCAP
Feb 5, 11:45 AM
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LATEST REPLIES

Joseph P. Porter
Everything in general is up, but BDCs like $TCAP and $MAIN on the downside. Are BDCs the new contrarians, or do they know something we don't
Apr 9, 3:15 PM
Reply (3)

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Joseph P. Porter: Well, darn! If I'd known you were going to do that, I'd have held back on buying $IAG and $PAAS, just to buy more $TCAP.
Apr 9, 6:52 PM
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Miz Magic DiviDogs: :)
Apr 9, 7:34 PM
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Joseph P. Porter
$TCAP up 0.93 yesterday, down 0.40 today (so far). Up 1 day, Down the next. Change ticker to TDUM - a no-prize to whoever figures it out.
Apr 5, 12:01 PM
Reply (18)

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Joseph P. Porter: Just took a look - notice you got $PBI. They're one of my "dogs" of S&P - they are doing really nice so far, considering they are having to
Apr 8, 3:24 PM
• !Report Abuse
Joseph P. Porter: change their business model a little. I got $TCAP - it's one of my 3 "cores" along with $PFE and $RNO. $PFE just grows, the other 2 pay.
Apr 8, 3:27 PM
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140 characters

The Wall Street Transcript
Triangle Capital Corporation ($TCAP) Continues Growing Dividends and Netting Positive ROI- http://su.pr/2OCbyA
Apr 4, 11:37 AM
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Joseph P. Porter: would not be owning $TCAP but for the very lucrative dividend. As long as they keep that in place, I'm happy.
Apr 5, 11:53 AM
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Joseph P. Porter
BDCs seem to be taking a hit - $TCAP down a lot, $FSC, $PSEC, $MAIN all down, but more reasonably.
Apr 1, 1:35 PM
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The Complete Dividend Plan: Volume for $PSEC on down day is below average. Nothing to worry about.
Apr 1, 5:39 PM
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mrmedusa: I love ANYthing that plods along, a little up, a little down, paying 12%. What does Wells Fargo pay me for deposit accounts?
Apr 2, 7:10 AM
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Zach Tripp
Another annual dividend increase for $TCAP. 8.8% yield. #dividend. long: tcap & psec
8/29/12
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Guardian3981: I'd like to see a trade toward 20 before buying in again. TCAP has had a great run but I think potential cap dep exceeds div lure now.
8/29/12
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COBeeMan: I don't think TCAP will hit $20...I'm looking for $24-25.
Apr 1, 12:02 PM
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Joseph P. Porter
$DCIX, $FSC, $AMD, $ONTY, $PFE, $$RNO, $TCAP all up big time. $ONTY up 7.53% - about time people took advantage of big discount.
Feb 27, 3:01 PM
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djamison: I know !!! Just when I was thinking things were are looking good !!
Mar 1, 9:03 AM
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Joseph P. Porter: They're good - it's just best to not pay attention to their stock price. $PFE is the best performing stock I have had long term, so I cope.
Mar 1, 11:10 AM
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Dividend Sheet
12 Dividend Challengers With Low PEG Ratios: http://bit.ly/vgKcFO + $TCAP $TAC $TGH $ARLP $TWGP $AM $INTC $BBL $CEO $WMB $MSFT $ACI
12/15/11
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Dividend Sheet: we will see
12/15/11
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Zach Tripp
TCAP: ++13% NII/share, +6.8% Div/share, very pleased with the timing of our follow on equity offering ..match[es] our investment pipeline
11/3/11
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511southkstreet: ..great little stock...executing nicely especially in this atmosphere.
11/3/11
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Zach Tripp: Some insider buying today also.
11/9/11
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TCAP Triangle Capital

TCAP

Triangle Capital