Triangle Capital Corp (NYSE:TCAP)
CAPS Rating:
The Company is a finance company that provides customized financing solutions to lower middle market companies located throughout the United States.
The Company is a finance company that provides customized financing solutions to lower middle market companies located throughout the United States.
Recs
TCAP = small diversified investor in small and medium sized businesses. Just increased their dividend again with current price the yield is over 9%. Expected growth of about 9.5% versus about a 10 forward P/E shows the company is reasonably valued. Company is a great financial shape and growing. Where else can you find a company without a lot of debt, growing at nearly 10% a year with a 9% dividend?