On what exchange does Triangle Capital Corporation trade?
Triangle Capital Corporation is listed on the New York Stock Exchange.
What is the ticker symbol for Triangle Capital Corporation's common stock?
The ticker is "TCAP."
What are the ticker symbols for Triangle Capital Corporation's senior unsecured notes?
The notes trade on the NYSE under the symbols “TCCA” and “TCCB.”
Will I receive a Form 1099 or a K-1 for dividends and distributions?
You will receive a Form 1099.
Who generates my 1099, and whom should I call if I did not receive one?
Form 1099s are generated by your own brokerage firm. If you did not receive a Form 1099, you should contact your broker.
How do I opt out of the Dividend Reinvestment Plan ("DRIP")?
Our DRIP has been in place since our IPO in 2007. If you are an existing shareholder and have been receiving your dividends correctly, you will not need to do anything when new dividends are announced.
If you are a new shareholder, you should check with your broker to be sure your account is set up to receive dividends the way in which you prefer. Our DRIP is set up to be automatic unless a shareholder "opts out" and elects to receive cash for dividends instead of additional TCAP shares – BUT, many brokerage firms automatically opt their clients out of DRIPs. You will want to check with your broker to be sure your TCAP dividends are paid correctly.
Conversely, if you are not currently participating in the DRIP but would like to, you will also need to notify your broker.
Is TCAP a Business Development Company ("BDC")?
Yes – TCAP is a Business Development Company (“BDC”).
Is TCAP an internally managed BDC or an externally managed BDC?
TCAP is an internally managed BDC. We feel there are advantages to being an internally managed BDC as opposed to an externally managed BDC. Some of those advantages are outlined in our Business Development Company presentation.
What are the advantages of being an internally managed BDC?
We calculate our BDC efficiency ratio by dividing General & Administrative Expenses by Total Investment Income. BDC efficiency ratios can be calculated in a variety of ways. It is important to use a consistent formula when comparing BDC efficiency ratios.
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