"TriplePoint Venture Growth: Securing 14% Dividends on Latest Investment"

1 min read
Source: Seeking Alpha
"TriplePoint Venture Growth: Securing 14% Dividends on Latest Investment"
Photo: Seeking Alpha
TL;DR Summary

TriplePoint Venture Growth (TPVG), a business development company specializing in venture capital-funded companies, saw a significant overselling in 2023, leading to a high yield of 14.6%. Despite facing challenges such as bankruptcies impacting its net asset value (NAV), TPVG's strong cash flow and potential for positive liquidity events make it an attractive investment opportunity for income investors. The company's ability to rebound and generate excess cash flows is expected to mitigate NAV declines, offering potential for capital gains alongside strong income.

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