 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Snag This Cheap 13.4% Yield Dividend Stock Even Lower Than Director Vogel DidBy Dividend Channel Staff, Tuesday, May 2, 11:18 AM ET
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on December 19, TriplePoint Venture Growth BDC's Director, Kimberley H. Vogel, invested $29,965.63 into 2,764 shares of TPVG, for a cost per share of $10.84. Bargain hunters tend to pay particular attention to insider buys like this one, because presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. In trading on Tuesday, bargain hunters could buy shares of TriplePoint Venture Growth BDC (NYSE:TPVG) and achieve a cost basis even cheaper than Vogel, with shares changing hands as low as $10.82 per share. It should be noted that Vogel has collected $0.50/share in dividends since the time of their purchase, so they are currently up 4.4% on their purchase from a total return basis. TriplePoint Venture Growth BDC shares are currently trading off about 6.7% on the day. The chart below shows the one year performance of TPVG shares, versus its 200 day moving average:
Looking at the chart above, TPVG's low point in its 52 week range is $10.1047 per share, with $16.53 as the 52 week high point — that compares with a last trade of $11.01. By comparison, below is a table showing the prices at which TPVG insider buying was recorded over the last six months:
The current annualized dividend paid by TriplePoint Venture Growth BDC is $1.6/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/14/2023. Below is a long-term dividend history chart for TPVG, which can be of good help in judging whether the most recent dividend with approx. 13.4% annualized yield is likely to continue.
Free Report: Top 8%+ Dividends (paid monthly)
This Article's Word Cloud:
Arial
Back
Bargain
Bargains
Below
Cheaper
December
Director
Dividend
Dividends
Free
Growth
Insider
Insiders
Kimberley
TPVG
TriplePoint
Venture
Vogel
about
annualized
basis
below
buying
chart
cost
currently
dividend
escape
fillColor
hunters
insider
last
most
only
paid
point
purchase
reason
recent
share
shares
stock
that
their
they
trading
week
which
with
|
Play Video:
One Reason For Insiders to Buy
Free Email Alerts By Stock:
Start slideshow: