Find out how these stocks helped pull the market back from a big drop early in the day.
News & Analysis: Triangle Capital
Triangle Capital will liquidate its portfolio and start fresh with a new management team.
TPG Specialty Lending put a shot clock on Triangle Capital's liquidation. This could get messy.
Business development companies rarely close up shop by selling off their portfolios in pieces, but Triangle Capital should.
Shares of Triangle Capital Corporation fell due to weak earnings, a dividend cut, and a loss of investor confidence in its underwriting abilities.
Shares of the business development company were battered by a lengthy list of underperforming investments.
Shareholders of these three business-development companies should brace for future dividend cuts.
Investors are too eager to pay up for high-yielding BDCs. Closed-end funds may be a better bet.
Hunting for big yields is a risky business. You should probably leave these dividend stocks on the shelf.
The lower middle-market lender and equity investor slashed its quarterly dividend by nearly 17%.