TriplePoint Venture: New Distribution Looks Unsustainable As Well
TriplePoint Venture Growth(TPVG) Seeking Alpha·2024-08-09 01:45
junce On our last coverage of TriplePoint Venture Growth (NYSE:TPVG) we gave it the two thumbs down and the second-highest danger rating on our proprietary Kenny Loggins scale. The BDC will cut its dividend, in our view, and then trade at a 20% discount to that NAV. VGANY VOGOLNS LOW TPVG 10-Q Previous Article As such, we're expecting mid $6.00s to be realized. The new dividend will likely be around 25-30 cents a share, and that should put a floor around that price as well. Source: Value Loss Vs. Valuation ...