| BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector |
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors. |
seekingalpha.com |
2025-05-10 13:02:13 |
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| TriplePoint Venture Growth (TPVG) Q1 Earnings and Revenues Miss Estimates |
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.41 per share a year ago. |
zacks.com |
2025-05-08 01:00:43 |
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| TriplePoint Venture Growth BDC Corp. (TPVG) Q1 2025 Earnings Call Transcript |
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jim Labe - Chairman and CEO Sajal Srivastava - President and CIO Mike Wilhelms - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Casey Alexander - Compass Point Brian McKenna - Citizens Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-07 22:50:22 |
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| TriplePoint Venture Growth BDC Corp. Announces First Quarter 2025 Financial Results |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the first quarter ended March 31, 2025 and the declaration by its Board of Directors of its second quarter 2025 distribution of $0.30 per share. First Quarter 202. |
businesswire.com |
2025-05-07 20:15:00 |
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| Risk On Risk Is A Deadly Move: 2 VC BDCs To Avoid |
BDCs are inherently a risky asset class. It does not make sense to go further up in the risk curve here. One of such, in my view, illogical moves is investing in VC-focused BDCs. |
seekingalpha.com |
2025-05-04 13:15:00 |
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| TriplePoint Venture Growth BDC Corp. to Announce 2025 First Quarter Financial Results on Wednesday, May 7, 2025 |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its first quarter ended March 31, 2025 after market-close on Wednesday, May 7, 2025. James P. Labe, chief executive officer and chairman of the board, Sajal K. Srivastava, pres. |
businesswire.com |
2025-04-23 20:15:00 |
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| Dividend Power Dogs: 5 Ideal Safe Buys In April |
Five top Dividend Power stocks with "safer" dividends include ZIM Integrated Shipping, FS KKR Capital, Mach Natural Resources, Saratoga Investment, and Golden Ocean. The Dividend Power strategy focuses on high earnings and dividend yields, creating a portfolio resilient in downturns and profitable in bull markets. Analysts project significant gains (49.51% to 140.25%) for the top ten Dividend Power stocks by April 2026, with an average net gain of 92.52%. |
seekingalpha.com |
2025-04-09 08:32:53 |
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| TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (“TPVG” or the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced that DBRS, Inc. (“Morningstar DBRS”) has confirmed the Company's investment grade Long-Term Issuer Rating and Long-Term Senior Debt Rating of BBB (low). Morningstar DBRS issued a statement announcing the conf. |
businesswire.com |
2025-04-08 20:15:00 |
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| Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers |
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dogcatcher subscribers, with detailed summaries and reference guides listed by date. I prioritize stocks whose dividends from $1K invested exceed their single share price, categorizing them as "cash rich" or "cash poor". |
seekingalpha.com |
2025-03-20 13:15:06 |
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| I'm Collecting A 17% Yield By Holding TriplePoint Venture |
We love solid income generators, but we don't panic and run when one stumbles; we look to see improvements over the long run. TriplePoint Venture Growth BDC Corp. management has strung two good quarters together; let's dig into this most recent one. Income is a must for retirement; collect as much as you can. |
seekingalpha.com |
2025-03-20 09:35:00 |
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| Dividend Power Dogs: 3 Top Dividend Picks For March |
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%. |
seekingalpha.com |
2025-03-12 09:29:29 |
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| The Moment Of Truth For BDC Dividend Investors Is Close |
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are. |
seekingalpha.com |
2025-03-11 11:15:00 |
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| TriplePoint Venture Growth: The Tide Hasn't Turned Yet |
TriplePoint Venture Growth's high dividend yield of 16.3% is tempting, but its portfolio's resilience is questionable amid rising non-accruals and declining NAV. Despite reduced debt levels, TPVG's Q4 earnings disappointed with a net investment income of $0.32 per share, missing estimates. The portfolio's concentration in consumer products and services poses risks, especially with ongoing economic uncertainties and higher inflation. |
seekingalpha.com |
2025-03-10 10:09:11 |
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| TriplePoint Venture Growth: Is This 16% Yield A Red Flag? |
TriplePoint Venture Growth reported weaker-than-expected Q4 earnings due to high non-accruals, leading to a 5.4% decline in net asset value in Q4'24. TPVG's 16% yield is still covered by net investment income, and I am maintaining a buy rating for now. TPVG trades at a 16% discount to NAV due to poor balance sheet quality, significantly underperforming rivals Hercules Capital and Horizon Technology Finance. |
seekingalpha.com |
2025-03-10 02:10:17 |
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| TriplePoint Venture Growth: When One Dividend Cut Is Not Enough |
I've maintained a bearish stance on TriplePoint Venture Growth (TPVG) since May 2024; the stock has declined ~20% since then. TPVG's dividend is unsustainable despite a recent cut; another dividend reduction is likely this year due to ongoing financial headwinds. In this article I discuss in more details why I remain skeptical on TPVG. |
seekingalpha.com |
2025-03-08 13:00:00 |
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| 9% Yields From Baby Bonds |
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds. |
seekingalpha.com |
2025-03-06 17:00:18 |
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| TriplePoint Venture Growth BDC Corp (TPVG) Q4 2024 Earnings Call Transcript |
TriplePoint Venture Growth BDC Corp (NYSE:TPVG ) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Jim Labe – Chief Executive Officer and Chairman Sajal Srivastava – President and Chief Investment Officer Mike Wilhelms – Chief Financial Officer Conference Call Participants Crispin Love – Piper Sandler Brian McKenna – Citizens Casey Alexander – Compass Point Christopher Nolan – Ladenburg Thalmann Paul Johnson – KBW Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Fourth Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2025-03-05 21:40:53 |
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| TriplePoint Venture Growth (TPVG) Misses Q4 Earnings Estimates |
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago. |
zacks.com |
2025-03-05 20:35:54 |
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| TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2024 Financial Results |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024 and the declaration by its Board of Directors of its first quarter 2025 distribution of $0.30 per share. |
businesswire.com |
2025-03-05 18:15:00 |
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| TriplePoint Venture Growth BDC Corp. to Announce 2024 Fourth Quarter and Fiscal Year Financial Results on Wednesday, March 5, 2025 |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its fourth quarter and fiscal year ended December 31, 2024 after market-close on Wednesday, March 5, 2025. James P. Labe, chief executive officer and chairman of the board, Saj. |
businesswire.com |
2025-02-19 18:15:00 |
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| TriplePoint Venture Growth: 15% Yield And Improving Conditions, But Far From Safe Pick |
Since the moment, when I issued my first bearish article on TriplePoint Venture Growth, the BDC has underperformed the index by ~37%. Currently, TPVG trades at a 14% discount to NAV and offers, at least optically, covered dividend of ~15.5%. This seems like an interesting opportunity to reconsider the case. |
seekingalpha.com |
2025-02-11 11:15:00 |
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| TriplePoint Venture: Expected Bounce Plays Out For 15% Yielder |
We upgraded TriplePoint Venture to a Hold on our previous update. The stock bottomed around there and is up 21% since then. We update our outlook. |
seekingalpha.com |
2025-01-31 12:19:04 |
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| 5 BDC Investment Criteria And 3 Picks I'd Recommend For Retirees |
As a BDC bull, I've to admit that most BDCs are not good enough for being included in a durable retirement/passive income portfolio. In the article I share 5 specific criteria that we have to comply with to minimize dividend cut risk. I also share 3 concrete BDC picks, which I could easily see being included in the retirement income mix. |
seekingalpha.com |
2025-01-31 11:15:00 |
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| TriplePoint Venture Growth: The Tide May Have Turned (Upgrade) |
TriplePoint Venture Growth BDC had a challenging 2024, with a high non-accrual ratio and significant realized losses impacting its stock value and net asset value. Despite these issues, recent improvements in non-accruals and a dividend reset have provided some relief, making TPVG a potential buying opportunity. The tech-focused BDC sector, including competitors like Hercules Capital and Horizon Technology Finance, benefits from a strong capital markets environment, enhancing equity-driven returns. |
seekingalpha.com |
2024-12-31 13:16:00 |
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| TriplePoint Venture Growth BDC Corp. Names Mike L. Wilhelms as Chief Financial Officer |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company” or “TPVG”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced the appointment of Mike L. Wilhelms as Chief Financial Officer (CFO) of the Company, effective as of January 6, 2025. Mr. Wilhelms will also serve as CFO of TriplePoint Capital LLC (TPC), TPVG's sponsor, an. |
businesswire.com |
2024-12-18 18:15:00 |
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| KBW Announces Index Rebalancing for Fourth-Quarter 2024 |
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024. |
globenewswire.com |
2024-12-13 22:30:00 |
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| Huge Yields, Brief Notes |
Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes. |
seekingalpha.com |
2024-12-13 00:42:33 |
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| TriplePoint Venture Growth: Is The 15% Dividend Yield Sustainable? |
TriplePoint Venture Growth's 17% dividend yield may be enticing for some investors. They out-earned the upcoming dividend this month with room to spare. I suspect the 17% TPVG yield will remain covered for at least the near term, but I'm still not a buyer. |
seekingalpha.com |
2024-12-12 12:02:08 |
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| 2 Hidden Opportunities For Up To 14% Yields |
BDCs are set to continue selling off as rates resume getting cut. We review two BDCs that are ahead of peers in that they benefit from falling rates. Don't neglect income in your portfolio. |
seekingalpha.com |
2024-12-12 09:35:00 |
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| BDC Weekly Review: Key Q3 Earnings Trends |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs were flat this week in aggregate, outperforming other income sectors, with PSEC and TPVG bookending month-to-date returns. Q3 earnings reveal a slight decline in net investment income due to rate cuts, tight market spreads, and refinancing into higher coupon debt. |
seekingalpha.com |
2024-11-30 08:54:26 |
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| Hold This 15% Yield For Big Income: TriplePoint Venture |
No retirement portfolio can be totally "hands off." Some work will be required to maintain success. I am collecting income, but not piling deeper into this company. We look at why I'm not selling out, but not buying hand over fist. |
seekingalpha.com |
2024-11-28 09:35:00 |
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| Investing In BDCs For 10%+ Yields? This Is What Matters Now |
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would see elevated volatility levels and falling NII results. While the actual results have been mostly positive for high-quality BDCs (and even for some speculative picks), many risks remain open. |
seekingalpha.com |
2024-11-20 11:15:00 |
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| BDC Weekly Review: Tax-Loss Season Is Approaching |
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPVG surged nearly 20%, while PSEC dropped due to a bad quarter and distribution cut. Tax-loss season may pressure some securities; PSEC, HRZN, TPVG, TCPC, OCSL, GSBD, NMFC, and CSWC could weaken further by year-end. |
seekingalpha.com |
2024-11-16 03:50:34 |
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| TriplePoint Venture Growth: Inflection Point (Rating Upgrade) |
TriplePoint Venture Growth saw a significant breakout after Q3 results, driven by a major decline in its non-accrual percentage, improving portfolio quality. The BDC's net investment income of $0.35 per-share implied a dividend coverage ratio of 1.17X for its $0.30 dividend. Compared to Q2'24, the coverage situation drastically improved. Improved loan performance and reduced non-accruals have flipped TPVG's risk profile, justifying an upgrade to a buy rating. |
seekingalpha.com |
2024-11-13 00:56:56 |
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| TriplePoint Venture Growth: The Worst May Be Over (Rating Upgrade) |
I initially issued a sell rating on TriplePoint Venture Growth due to weak net investment income and questionable distribution coverage, but recent Q3 earnings show improvement. TPVG's portfolio strategy focuses on lending to venture capital-backed companies, with a diverse debt portfolio, but remains vulnerable to interest rates. The current dividend yield of 17.6% is attractive for income investors but comes with additional risks compared to peer BDCs. |
seekingalpha.com |
2024-11-08 10:00:00 |
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| TriplePoint Venture Growth (TPVG) Q3 2024 Earnings Call Transcript |
TriplePoint Venture Growth (TPVG) Q3 2024 Earnings Call Transcript |
seekingalpha.com |
2024-11-06 21:59:12 |
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| TriplePoint Venture Growth (TPVG) Beats Q3 Earnings and Revenue Estimates |
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.54 per share a year ago. |
zacks.com |
2024-11-06 21:26:08 |
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| TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2024 Financial Results |
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the third quarter ended September 30, 2024 and the declaration by its Board of Directors of its fourth quarter 2024 distribution of $0.30 per share. Third Quart. |
businesswire.com |
2024-11-06 18:15:00 |
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| Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks |
Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends. |
seekingalpha.com |
2024-10-17 17:39:40 |
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| TriplePoint Venture: Upgrading The 18% Yielder Ahead Of Q3 Results |
TriplePoint Venture Growth had, and perhaps still has, major issues. One new insider stepped up to buy more shares. We assess the ruins and tell you why we are giving this an upgrade. |
seekingalpha.com |
2024-10-14 13:52:00 |
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| TriplePoint Venture Growth: Stay Away From This 17% Yield (Rating Downgrade) |
TriplePoint Venture Growth offers a high dividend yield but has a risky portfolio and poor net asset value performance, making it a less attractive investment. TriplePoint focuses on tech and venture growth stage companies, which increases potential returns but also elevates risks, especially in a high-interest-rate environment. The company's net asset value has declined consistently, and its high non-accruals and writedowns suggest ongoing financial issues within its portfolio. |
seekingalpha.com |
2024-10-03 14:02:12 |
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| 5 New Stocks Under $10 That Pay Huge Ultra-Yield Dividends of 10% and More |
24/7 Wall St. Insights With rates now officially heading lower, ultra-high-yield stocks will be in big demand. |
247wallst.com |
2024-10-02 10:48:16 |
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| 2 Lessons From BDCs That Recently Cut Their Dividends |
The fears of BDC dividends becoming unsustainable are rising. The primary driver for this is falling interest rates. While I fully appreciate this risk, in my opinion, by being very selective, investors can keep their attractive BDC dividends safe. |
seekingalpha.com |
2024-09-27 20:14:16 |
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