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TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

1. TPVG reported Q4 2024 financial results and declared a $0.30 distribution.

Earnings
-5.42%Current Return
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-1.77%S&P 500
$7.7503/05 04:42 PM EDTEvent Start
$7.3303/06 11:12 PM EDTLatest Updated
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FAQ

Why Bullish?

The announcement of dividends typically attracts investors and indicates financial strength. Historical data shows similar positive price movements for dividend announcements in BDCs.

How important is it?

The declared distribution is a significant signal of TPVG's financial health and operational success, which may incite investor interest. On the broader market level, it reinforces TPVG's position as a reliable income-generating investment.

Why Short Term?

The immediate effect on TPVG's price will be observed shortly after the distribution announcement. Previous distributions have correlated with short-term price stability or growth.

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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.

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