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TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) 3-Year Dividend Growth Rate : 3.60% (As of Mar. 2024)


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What is TriplePoint Venture Growth BDC 3-Year Dividend Growth Rate?

TriplePoint Venture Growth BDC's Dividends per Share for the three months ended in Mar. 2024 was $0.40.

The historical rank and industry rank for TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate or its related term are showing as below:

TPVG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0.2   Med: 1.9   Max: 3.6
Current: 3.6

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of TriplePoint Venture Growth BDC was 3.60% per year. The lowest was 0.20% per year. And the median was 1.90% per year.

TPVG's 3-Year Dividend Growth Rate is ranked better than
58.05% of 870 companies
in the Asset Management industry
Industry Median: 1.7 vs TPVG: 3.60

During the past 12 months, TriplePoint Venture Growth BDC's average Dividends Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

TriplePoint Venture Growth BDC's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.91. As of today, TriplePoint Venture Growth BDC's Dividend Yield % is 17.23%.

Good Sign:

TriplePoint Venture Growth BDC Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate

For the Asset Management subindustry, TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's 3-Year Dividend Growth Rate falls into.



TriplePoint Venture Growth BDC 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


TriplePoint Venture Growth BDC  (NYSE:TPVG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

TriplePoint Venture Growth BDC's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.4/ 0.21
=1.90

During the past 11 years, the highest Dividend Payout Ratio of TriplePoint Venture Growth BDC was 2.09. The lowest was 0.58. And the median was 1.22.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

TriplePoint Venture Growth BDC Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4000002024-03-132024-03-142024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4000002023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

TriplePoint Venture Growth BDC's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.6/9.28
=17.24 %

Current Share Price is $9.28.
TriplePoint Venture Growth BDC's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.6.

During the past 11 years, the highest Dividend Yield of TriplePoint Venture Growth BDC was 30.70%. The lowest was 4.74%. And the median was 11.01%.

Good Sign:

TriplePoint Venture Growth BDC Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TriplePoint Venture Growth BDC 3-Year Dividend Growth Rate Related Terms>


TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.
Executives
Cynthia M. Fornelli director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Katherine J Park director 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Kimberley H Vogel director 63 CONSTITUTION DRIVE, CHICO CA 95973
Christopher M. Mathieu officer: Chief Financial Officer 312 FARMINGTON AVENUE, FARMINGTON CT 06032
Stephen Cassani director 700 EMERSON STREET, PALO ALTO CA 94301
Gilbert Ahye director 200 VESEY ST, NEW YORK NY 10285
Christopher Gastelu officer: See Remarks 920 WOODLAND AVENUE, ORADELL NJ 07649
James Labe director, officer: Chief Executive Officer 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Sajal Srivastava director, officer: See Remarks 2755 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Steven Bird director 525 UNIVERSITY AVE, SUITE 225, PALO ALTO CA 94301
Andrew Olson officer: Chief Financial Officer C/O HERCULES TECHNOLOGY GROWTH CAPITAL, 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Harold F Zagunis officer: Chief Financial Officer ONE BELVEDERE, SUITE 300, MILL VALLEY CA 94941
Boathouse Row Ii L P 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRAN CA 94111
Philadelphia Financial Management Of San Francisco, Llc 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111
Boathouse Row I, L.p. 10 percent owner 450 SANSOME STREET, SUITE 1500, SAN FRANCISCO CA 94111

TriplePoint Venture Growth BDC (TriplePoint Venture Growth BDC) Headlines

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