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TriplePoint Venture Growth ( (TPVG) ) has provided an announcement.
TriplePoint Venture Growth BDC Corp. announced its financial results for the fourth quarter and fiscal year 2024, highlighting a net investment income of $1.40 per share for the year and a 15.8% portfolio yield on debt investments for the fourth quarter. The company declared a first quarter 2025 distribution of $0.30 per share and reported significant activity in debt commitments and investments, indicating strong market conditions and a growing pipeline. The company’s strategic focus for 2025 includes leveraging the increasing demand for debt financing from well-positioned venture growth stage companies to enhance its scale, durability, portfolio diversification, and income-generating assets.
More about TriplePoint Venture Growth
TriplePoint Venture Growth BDC Corp. is a leading financing provider to venture growth stage companies, primarily backed by a select group of venture capital firms in technology and other high growth industries.
YTD Price Performance: 4.07%
Average Trading Volume: 383,138
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $317.6M
For an in-depth examination of TPVG stock, go to TipRanks’ Stock Analysis page.