Triangle Capital Corporation Announces Increase of Dividend to $0.52 Per Share

Triangle Capital Corporation

("Triangle" or the "Company"), a leading provider of capital to lower middle market companies located throughout the United States, today announced that its board of directors has declared a cash dividend of $0.52 per share. This is the Company's twenty-third consecutive quarterly dividend since its initial public offering in February, 2007, and represents an 18.2% year-over-year increase and a 4.0% increase over the second quarter of 2012. The Company's dividend will be payable as follows: Record Date:    September 12, 2012 Payment Date:  September 26, 2012 At the time of its IPO in February, 2007, Triangle adopted a dividend reinvestment plan ("DRIP") that provides for reinvestment of dividends on behalf of its shareholders, unless a shareholder elects to receive cash. As a result, when the Company declares a cash dividend, shareholders who have not opted out of the DRIP will have their cash dividends automatically reinvested in additional shares of the Company's common stock, rather than receiving cash dividends.  When the Company declares and pays dividends, it determines the allocation of the distribution between current income, accumulated income and return of capital on the basis of accounting principles generally accepted in the United