Triangle Capital Cor Downgraded to Market Perform at Raymond James (TCAP)
Separately, analysts at Davenport downgraded shares of Triangle Capital Cor from a buy rating to a neutral rating in a research note to investors on Thursday, January 3rd.
Shares of Triangle Capital Cor remained flat at $29.80 during during mid-day trading trading on Friday. Triangle Capital Cor has a one year low of $18.81 and a one year high of $30.70. The stock’s 50-day moving average is currently $27.98. The company has a market cap of $814.1 million and a P/E ratio of 13.41.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, March 27th. Stockholders of record on Wednesday, March 13th will be given a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date of this dividend is Monday, March 11th.
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