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

1. TPVG reported financial results for Q4 2024 and declared a $0.30 distribution. 2. Focused on venture growth stage companies in tech and high growth sectors.

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Why Bullish?

The consistent distributions and solid financial results suggest strong operational health. Historical examples show that regular dividends often enhance stock attractiveness and may lead to price appreciation.

How important is it?

The distribution and solid financial results are critical signals of TPVG's stability, appealing to income-focused investors. Given the venture capital focus, affirming results can strengthen TPVG’s market position.

Why Short Term?

The upcoming distribution is set for the first quarter of 2025, impacting investor sentiment immediately. Short-term stock movements frequently align with dividend announcements.

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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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