PHOENIX, Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and innovation of businesses in a variety of industries, including manufacturing & automation, energy, space technology, climate tech, and artificial intellige ...

PHOENIX, Jan. 21, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Silk Technologies ("Silk"), a leader in software-defined cloud storage. Silk is a software-defined cloud storage provider focused on enhancing the performance and efficiency of cloud applications and databases. Silk's platform provides high throughput and low latency, helping organizations to run their business ...

PHOENIX, Jan. 16, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading alternative asset manager, today announced the commitment of $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care. The company partners with health plans and other risk-bearing entities to address the unique needs of high-risk, high-need patients, delivering care that aims to improve health outcomes and quality of life. Upward Health was ...

Company originates $1.6 billion of new commitments in 2024 PHOENIX, Jan. 13, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced a portfolio update for the fourth quarter of 2024. Trinity funded $297 million of total investments in the fourth quarter, putting Trinity at a record of $1.2 billion of fundings in 2024. Additionally, Trinity originated $411 million of investments in the fourth quarter of 2024, bringing total ...

Higher interest rates in 2022-2023 were a boon to business development companies as the majority of their debt investments have floating rates. With rates a bit lower in 2024, many BDC's saw their yields decrease. Some BDCs, such as Trinity Capital (Looking for solid high yield income? The Hidden Dividend Stocks Plus portfolio yields over 9%. It features a variety of overlooked high yield income vehicles, all with good dividend coverage - Common and Preferred stocks, Bonds, and CEF's.One of our Preferred st ...

Trinity Capital (NASDAQ: TRIN ) now offers a dividend yield of almost 14% and has fairly solid fundamentals. The overall risk weighting of the portfolio has improved for the first time in four quarters and could suggest improving portfolio quality. TheI am a young individual investor with a strong focus on long-term wealth creation. My investment strategy revolves around selecting stocks with strong growth potential as well as stocks with stable dividend yields. I firmly believe that patience is key, allowi ...

PHOENIX, Dec. 16, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems. Form Energy aims to reform the global electricity system through the development of innovative, low-cost multi-day energy storag ...

20th Consecutive Quarter of a Consistent or Increased DividendPHOENIX, Dec. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending December 31, 2024. This is an equivalent dividend compared to the third quarter of 2024 and marks the 20th consecutive quarter of a consis ...

PHOENIX, Dec. 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $20 million in growth capital to Steno, a tech-enabled provider of legal support and court reporting services.Steno provides tech-based tools and solutions meant to streamline the litigation process, including court-reporting services, remote deposition software, deferred payment options, and custom legal ...

I've owned Trinity Capital (NASDAQ: TRIN ) for well over a year, drawn to the high but well-covered dividend yield of the business development company and its focus on venture-backed startups. The BDC last declared a quarterly cashThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tic ...