Triangle Capital Declares Fresh Dividend
Triangle Capital is continuing to set aside money to return to shareholders. The company has declared its latest quarterly dividend, which is to be $0.54 per share paid on June 26 to shareholders of record as of June 12. That amount matches the firm's previous distribution, which was paid in late March. Prior to that, it handed out $0.53 per share.
In the press release announcing the new disbursement, the company pointed out that it marks its 26th consecutive dividend since going public in early 2007.
The just-declared payout annualizes to $2.16 per share. That yields 7.5% at Triangle Capital's current stock price of $28.61.
The article Triangle Capital Declares Fresh Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Triangle Capital, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.