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TriplePoint Venture Growth ( (TPVG) ) just unveiled an announcement.
TriplePoint Venture Growth BDC Corp. reported strong third-quarter 2024 financial results, highlighting a net investment income of $0.35 per share and an increase in net asset value per share by $0.27. The company declared a fourth-quarter distribution of $0.30 per share and closed $41 million in new debt commitments, with a 13.4% yield on funded debt investments. TPVG’s investment activity remains robust with significant capital raised by its portfolio companies, indicating potential growth and improved credit quality.
Find detailed analytics on TPVG stock on TipRanks’ Stock Analysis page.
