NEW YORK ( TheStreet) -- The ex-dividend date for Triangle Capital Corp (NYSE: TCAP) is Monday, June 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $18.98 as of 9:32 a.m. ET, the dividend yield is 9.2%. The average volume for Triangle has been 116,600 shares per day over the past 30 days. Triangle has a market cap of $356 million and is part of the financial sector and financial services industry. Shares are up 0.4% year to date as of the close of trading on Thursday. Triangle Capital Corporation is a private equity and venture capital firm specializing in buyouts, change of control transactions, acquisitions, growth financing, and recapitalizations in lower middle market companies. The company has a P/E ratio of 11.1, above the average financial services industry P/E ratio of 8.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Triangle as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Triangle Ratings Report. See our dividend calendar or top-yielding stocks list.