The 10%-Plus Dividend Stock to Buy

Triangle Capital Corporation (NASDAQ: TCAP) — This private equity and venture capital firm specializes in buyouts, change of control transactions, acquisitions, growth financing, and recapitalizations in lower to middle market companies.

The stock has risen from under $8 in March 2009, to over $16 in late April 2010.

On July 26, at $15, I said, “Since its April high, TCAP retreated to its 200-day moving average, then rose to $13.50, and has been base-building ever since. BB&T Capital Management has a ‘No. 1 Buy’ on TCAP. Technically, if it is able to break from a forming double-top at $16.50, the stock could move much higher.

The breakout has occurred, and the target for TCAP is $18.

TCAP is supported by a dividend yield of 10.2%.

TCAP Stock Chart

Chart Key

If you have questions or comments for Sam Collins, please e-mail him at

Related Articles:

The Best & Worst Cheap Stocks to Own Now — Includes the three small caps under $10 a share that could double your money by year-end and the 26 time bombs to avoid like the plague. Plus, the five red flags for buying cheap stocks. Get your FREE report here.

Article printed from InvestorPlace Media,

©2022 InvestorPlace Media, LLC