Cash Dividend On The Way From Triangle Capital (TCAP)

Looking at the universe of stocks we cover at Dividend Channel, on 12/9/13, Triangle Capital Corporation ( TCAP) will trade ex-dividend, for its quarterly dividend of $0.54, payable on 12/24/13. As a percentage of TCAP's recent stock price of $29.16, this dividend works out to approximately 1.85%, so look for shares of Triangle Capital Corporation to trade 1.85% lower — all else being equal — when TCAP shares open for trading on 12/9/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for TCAP, showing historical dividends prior to the most recent $0.54 declared by Triangle Capital Corporation:

TCAP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TCAP is likely to continue, and whether the current estimated yield of 7.41% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TCAP shares, versus its 200 day moving average:

Triangle Capital Corporation 200 Day Moving Average Chart

Looking at the chart above, TCAP's low point in its 52 week range is $24.00 per share, with $30.70 as the 52 week high point — that compares with a last trade of $29.16.

According to the ETF Finder at ETF Channel, TCAP makes up 3.94% of the BDC Income ETF ( BIZD) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Triangle Capital Corporation shares are currently off about 0.1% on the day.

null

If you liked this article you might like

Trump's OMB Pick, Mulvaney, A Boon To Public BDCs

3 Hold-Rated Dividend Stocks: TCAP, FSFR, MMLP

Triangle Capital (TCAP) Is Weak On High Volume Today

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Monday: TCAP, GHL, CEO

3 Hold-Rated Dividend Stocks: TCAP, HNP, AINV