Non-Traded BDC Declares Quarterly Dividend

Non-traded business development company (BDC) Triton Pacific Investment Corporation (TPIC) recently announced an upcoming quarterly cash dividend.

Shareholders of record as of January 20, 2015 will receive $.07545 per share payable on January 30, 2015.

TPIC invests in senior secured loans, second lien secured loans, and at times, subordinated loans of private U.S. companies.

Externally managed by Triton Pacific Advisor, TPIC’s advisor and sub-advisor have collectively managed close to $5 billion in private equity assets and raised and deployed capital across several PE funds over the past decade.