earnings
confidence high
sentiment neutral
materiality 0.75
TPVG reports record Q4 NII of $0.58/share; raises dividend 8% to $0.40
TriplePoint Venture Growth BDC Corp.
2022-FY EPS reported
$1.94
- Record Q4 total investment income $34.9M; net investment income $20.5M ($0.58/share).
- FY2022 total investment income $119.4M; net investment income $63.6M ($1.94/share).
- NAV per share $11.88 at Dec 31, 2022, down from $14.01 a year ago.
- Q4 net realized losses $29.0M, primarily from Medly Health; FY2022 net realized/unrealized losses $83.6M.
- Q1 2023 distribution increased 8% to $0.40/share, payable March 31, 2023.