The ex-dividend date for Triangle Capital Corp (NYSE:TCAP) is Monday, September 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $16.92 as of 9:30 a.m., the dividend yield is 10.2%.
NEW YORK ( TheStreet) -- The ex-dividend date for Triangle Capital Corp (NYSE: TCAP) is Monday, September 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 44 cents per share. At a price of $16.92 as of 9:30 a.m. ET, the dividend yield is 10.2%. The average volume for Triangle has been 212,500 shares per day over the past 30 days. Triangle has a market cap of $320.5 million and is part of the financial sector and financial services industry. Shares are down 10.6% year to date as of the close of trading on Thursday. Triangle Capital Corporation is a private equity and venture capital firm specializing in leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market companies. The company has a P/E ratio of 7.9, above the average financial services industry P/E ratio of 6.7 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, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Triangle Ratings Report. See our dividend calendar or top-yielding stocks list.