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TriplePoint Venture Growth Declares Special Dividend; Street Sees 10% Upside

Dec 23, 2020 - Nasdaq

TriplePoint Venture Growth declared a special dividend of $0.10 per share, payable on Jan. 13, 2021, to shareholders of record at the close of business on Dec. 31, 2020.

The special dividend represents a portion of TriplePoint Venture Growth’s (TPVG) estimated net capital gain income earned during the fiscal FY20.

The company declared distributions of $1.54 per share in FY20 reflecting a dividend yield of 12.3%.

The shareholders can either receive the dividend payment in...