earnings
confidence high
sentiment positive
materiality 0.65
TriplePoint Venture Q1 NII $0.44/share, declares $0.36 dividend
TriplePoint Venture Growth BDC Corp.
2022-FY EPS reported
$0.44
- Net investment income of $13.5M ($0.44/share), up from $0.42/share prior quarter; 12.6% ROE.
- Declared Q2 2022 distribution of $0.36/share, payable June 30.
- Signed $656.6M in term sheets; closed $125.7M new debt commitments; funded $62.7M at 13.3% yield.
- Portfolio weighted average annualized yield 15.5%; NAV $13.84/share; leverage 0.98x.
- Subsequent events: $223.3M more term sheets; $66M commitments; DBRS reaffirmed BBB rating.