SmarterDividends
TPVG

TriplePoint Venture Growth BDC Corp.

TPVG

Financial Services · Asset Management · Stock · quarterly payer

$4.31

Undervalued · +145% Add to Portfolio

Forward Yield

23.20%

Annual Dividend

$1.30

Payout Ratio

95%

5-Yr Growth

-2.6%

Ex-Date

Dec 16, 2026

Frequency

Quarterly

Key facts about TPVG's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, TriplePoint Venture Growth BDC Corp. (TPVG) has a forward dividend yield of 23.20%, based on an annual dividend of $1.30 per share and a share price of $4.31.
  • As of Oct 27, 2026, TPVG's dividend safety grade from SmarterDividends is D (39 out of 100), which rates the dividend as unsafe.
  • TPVG last cut its regular dividend in 2025.
  • TPVG's next ex-dividend date is Dec 16, 2026, with payment on Dec 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 27, 2026, TPVG pays out 95% of its trailing 12-month earnings as dividends (its payout ratio).
  • TPVG's dividend has shrunk at an average rate of 2.6% a year over the past five years.
  • As of Oct 27, 2026, TPVG's 23.20% yield is 74% above its five-year average yield of 13.30%.
  • As of Oct 27, 2026, SmarterDividends' blended fair-value estimate for TPVG is $10.54 per share, 145% above the $4.31 share price, so TPVG screens as undervalued.
  • TriplePoint Venture Growth BDC Corp. (TPVG) pays its dividend quarterly, 4 times a year.
  • TriplePoint Venture Growth BDC Corp. (TPVG) has raised its regular dividend 7 times and cut it 3 times across the 55 payments on record since 2014. Its most recent change was a 26.1% increase to $0.290 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Mar 17, 2026.
Cite this page

SmarterDividends, "TPVG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 27, 2026, https://smarterdividends.com/stocks/TPVG

Summary

As of Oct 27, 2026, TriplePoint Venture Growth BDC Corp. (TPVG) yields 23.20% ($1.30 a year per share) and has a dividend safety grade of D (39/100).

Is TPVG a good dividend stock?

Higher risk

TriplePoint Venture Growth BDC Corp. (TPVG) pays a quarterly dividend yielding 23.20% ($1.30/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (95%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    23.20%
    Payout Ratio
    95%
    Annual Dividend
    $1.30
    5-Yr Avg Growth
    -2.6%
    Ex-Dividend Date
    Dec 16, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.45
    Market Cap
    $175.5M
    P/E Ratio
    4.4
    5-Yr Total Return
    -76%
    52-Week Range
    $4.15 – $6.95
    Dividend Safety
    D · 39/100
    Ever Cut?
    Yes (2025)

    TPVG dividend raises and cuts

    TriplePoint Venture Growth BDC Corp. (TPVG) has raised its regular dividend 7 times and cut it 3 times across the 55 payments on record since 2014. Its most recent change was a 26.1% increase to $0.290 per share, going ex-dividend on Sep 16, 2026. The last cut went ex-dividend on Mar 17, 2026.

    Ex-dateChangeOld → newMove
    Sep 16, 2026Raise$0.230 → $0.290+26.1%
    Mar 17, 2026Cut$0.250 → $0.230−8.0%
    Dec 16, 2025Raise$0.230 → $0.250+8.7%
    Sep 16, 2025Cut$0.300 → $0.230−23.3%
    Sep 16, 2024Cut$0.400 → $0.300−25.0%
    Mar 14, 2023Raise$0.370 → $0.400+8.1%
    Dec 14, 2022Raise$0.360 → $0.370+2.8%
    Nov 25, 2014Raise$0.320 → $0.360+12.5%
    Aug 27, 2014Raise$0.300 → $0.320+6.7%
    May 28, 2014Raise$0.0900 → $0.300+233.3%
    Every TPVG payment →Download every raise and cut (CSV)
    TPVG ex-dividend date & scheduleNext ex-date Dec 16, 2026 · full ex-dividend historyView →TPVG dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is TPVG a good dividend stock?

    Higher risk. TriplePoint Venture Growth BDC Corp. (TPVG) pays a quarterly dividend yielding 23.20% ($1.30/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.

    Is TPVG undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TPVG's fair value is about $10.54 versus a $4.31 share price — so it looks undervalued (+145% vs. fair value).

    Is TPVG's dividend safe?

    TPVG has a dividend-safety grade of D (39/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is TPVG's fair value?

    Our blended fair-value estimate for TPVG is about $10.54 per share, roughly 145% above the current $4.31 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is TPVG a buy, hold, or sell?

    We don't issue formal ratings, but on the data TPVG screens as "higher risk" and undervalued. TriplePoint Venture Growth BDC Corp. (TPVG) pays a quarterly dividend yielding 23.20% ($1.30/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk. This is research for your own analysis, not investment advice.

    Will TPVG cut its dividend?

    TPVG earns a dividend-safety grade of D (39/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does TPVG pay a dividend?

    Yes. TriplePoint Venture Growth BDC Corp. pays a quarterly dividend of about $1.30 per share annually, a forward yield of roughly 23.20%.

    What is TPVG's dividend yield?

    As of Oct 27, 2026, TPVG's forward dividend yield is 23.20%, based on a $1.30 annual dividend and a $4.31 share price.

    What is TPVG's dividend per share?

    As of Oct 27, 2026, TPVG pays $1.30 per share per year, distributed on a quarterly basis.

    What is TPVG's dividend payout ratio?

    As of Oct 27, 2026, TPVG's payout ratio is 95% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has TPVG grown its dividend?

    TPVG does not currently have a long dividend-growth streak on record.

    When is the next TPVG ex-dividend date?

    As of Oct 27, 2026, the next ex-dividend date on record for TPVG is Dec 16, 2026.

    Income Calculator

    At $1.30 / yr per share

    Per payment (quarterly)$32.50
    Annual$130.00
    Monthly avg$10.83

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