Trinity Capital (TRIN)
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Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Third Quarter of 2025
Prnewswire· 2025-09-17 21:05
Core Viewpoint - Trinity Capital Inc. has declared a cash dividend of $0.51 per share for the quarter ending September 30, 2025, marking the 23rd consecutive quarter of consistent or increased dividends for shareholders [1]. Dividend Summary - Declaration Date: September 17, 2025 [2] - Record Date: September 30, 2025 [2] - Payment Date: October 15, 2025 [2] - The company aims to distribute approximately 90% to 100% of its taxable quarterly income to qualify for tax treatment as a regulated investment company [2]. Tax Characteristics - Dividends are paid from taxable earnings and may include a return of capital and/or capital gains [3]. - Specific tax characteristics of the dividends will be reported to stockholders on Form 1099-DIV after the end of the calendar year [3]. Company Overview - Trinity Capital Inc. is an international alternative asset manager focused on delivering consistent returns through private credit markets [4]. - The company has deployed over $4.7 billion across more than 420 investments since its inception in 2008 [4]. - Trinity Capital operates across five lending verticals: Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences [4].
Trinity Capital: Solid BDC Value (Rating Upgrade) (NASDAQ:TRIN)
Seeking Alpha· 2025-09-16 16:45
Core Insights - The article discusses the investment positions held by analysts in specific companies, indicating a long position in ARCC and BXSL, which may suggest confidence in these stocks' future performance [1]. Company Analysis - Analysts have disclosed beneficial long positions in ARCC and BXSL, which may reflect positive sentiment towards these companies [1]. - The article emphasizes that the opinions expressed are personal and not influenced by external compensation, suggesting an independent analysis of the companies [1]. Industry Context - The article does not provide specific industry-wide insights or trends, focusing instead on individual company positions and analyst opinions [1][2].
Trinity Capital Inc. Provides Up to $50 Million in Growth Funding to Nalu Medical, Supporting Continued Commercial Momentum
Prnewswire· 2025-09-16 12:00
Accessibility StatementSkip Navigation "We welcome Trinity Capital as a financing partner and appreciate their confidence in providing us this important financial flexibility as we continue our commercial expansion of our newly launch, next-generation Therapy Disc, and build upon our recent publication of what we believe is the largest long-term real-world data set for a permanent PNS device that demonstrated reliable long-term pain relief to a broad spectrum of patients," said Tom West, President and CEO ...
5 BDCs That Deliver Double-Digit Yields (Up To 12.6%)
Forbes· 2025-09-13 14:00
Core Viewpoint - Business Development Companies (BDCs) are undervalued by Wall Street, presenting significant dividend opportunities for income-seeking investors, with yields ranging from 10.6% to 12.6% due to their requirement to distribute at least 90% of taxable income [2][3]. Group 1: BDC Overview - BDCs function as banks for small and mid-sized companies that lack access to traditional bond markets, allowing them to charge a premium for capital, which is then returned to investors as dividends [3]. - Most BDC loans are floating-rate, which may seem risky with potential rate cuts, but this can lower borrowing costs for BDCs and their borrowers, leading to healthier dividends [4]. Group 2: Specific BDCs - Morgan Stanley Direct Lending Fund (MSDL) has an 11.1% yield and focuses on floating-rate loans, which may decline with Fed rate cuts, but increased loan demand could offset this [5][6]. - Trinity Capital (TRIN) offers a 12.6% yield and has achieved a 20% total return in 2025, focusing on growth-stage companies in sectors like space and healthcare technology [8][10]. - Oaktree Specialty Lending Corp. (OCSL) yields 12.0% and trades at a 16% discount to NAV, primarily investing in senior secured debt across various industries [12][14]. - Blackstone Secured Lending Fund (BXSL) has a 10.6% yield and focuses on first-lien senior secured debt, but its dividend coverage has diminished, warranting close monitoring [16][18]. - Blue Owl Capital Corp. (OBDC) yields 11.3% and invests in middle-market companies, with a defensive portfolio emphasizing stability, though it has not significantly outperformed the BDC industry [19][21].
Trinity Capital: High-Quality BDC, But Waiting For A Pullback (NASDAQ:TRIN)
Seeking Alpha· 2025-09-12 17:08
Group 1 - The landscape for Business Development Companies (BDCs) is becoming more challenging due to elevated interest rates, which are impacting their ability to grow earnings and net asset value (NAV) [1] - Higher interest rates increase borrowing costs for BDCs, making it difficult for them to maintain profitability [1] - A hybrid investment strategy that includes classic dividend growth stocks, BDCs, REITs, and Closed End Funds can enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]
Trinity Capital: High-Quality BDC, But Waiting For A Pullback (Rating Downgrade)
Seeking Alpha· 2025-09-12 17:08
Group 1 - The landscape for Business Development Companies (BDCs) is becoming more challenging due to elevated interest rates, which are impacting their ability to grow earnings and net asset value (NAV) [1] - Higher interest rates increase borrowing costs for BDCs, making it difficult for them to maintain profitability [1] - A hybrid investment strategy that includes classic dividend growth stocks, BDCs, REITs, and Closed-End Funds can enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1]
Strathcona's Waterous confident on MEG Energy response to sweetened offer
Reuters· 2025-09-12 17:08
Group 1 - The executive chair of Strathcona Resources expressed confidence that the enhanced offer to acquire MEG Energy will be sufficient to secure victory in the ongoing bidding war [1] - The bidding war for MEG Energy has attracted significant attention, indicating a competitive landscape in the Canadian oil sector [1] - Strathcona Resources is actively engaged in negotiations, highlighting the strategic importance of this acquisition for the company's growth and market positioning [1]
Trinity Capital Inc. Provides $26 Million in Growth Capital to Unmind to Further Empower Workplace Mental Health
Prnewswire· 2025-09-11 12:00
Core Insights - Trinity Capital Inc. has committed $26 million in growth capital to Unmind, a workplace mental health platform that integrates AI to provide comprehensive mental health care solutions [1][4]. - Unmind's platform combines human expertise, digital innovation, and proven science to offer a range of services including proactive AI guidance, therapy, coaching, crisis care, and wellbeing tracking [2][6]. - The funding will enable Unmind to scale operations, enhance its AI agent "Nova," attract talent, and invest in further innovation, bringing Unmind's total capital raised to over $100 million since its inception [4][5]. Company Overview - Trinity Capital Inc. is an alternative asset manager focused on delivering consistent returns through private credit markets, having deployed over $4.7 billion across more than 420 investments since 2008 [5]. - Unmind supports nearly 3 million employees globally, including major brands like Uber, Disney, and Major League Baseball, emphasizing the importance of mental health in the workplace [3][6].
Trinity Capital Inc. Provides TQA with $15 Million in Growth Capital to Scale Intelligent Automation and AI Offerings
Prnewswire· 2025-09-09 12:00
Core Insights - Trinity Capital Inc. has committed $15 million in growth capital to TQA, a leader in agentic automation and AI consulting, to enhance operational efficiency for organizations [1][3] - TQA, founded in 2020 and headquartered in Austin, Texas, specializes in agentic AI and intelligent automation, serving various sectors including healthcare, life sciences, and financial services [2][7] - The partnership aims to accelerate TQA's innovation and global expansion, addressing the increasing demand for agentic automation across industries [3][4] Company Overview - Trinity Capital Inc. is an alternative asset manager focused on delivering consistent returns through private credit markets, having deployed over $4.7 billion across more than 420 investments since its inception in 2008 [5] - TQA, formerly known as Tquila Automation, aims to revolutionize industries through agentic AI, helping organizations unlock their potential [6][7] - TQA collaborates with top technology providers to deliver exceptional solutions and services, expanding its operations internationally [7]
BDCs Down? Here's Why Trinity Capital Is A Top Contrarian Pick
Seeking Alpha· 2025-09-05 13:15
Group 1 - The article discusses Trinity Capital Inc. (NASDAQ: TRIN) and highlights it as a strong investment opportunity with a 14% yield [1] - The author emphasizes the company's potential for growth and attractiveness in the current market environment [1] - The article is positioned as a recommendation for investors looking for high-yield opportunities [1] Group 2 - The author has a beneficial long position in TRIN shares, indicating personal investment interest [2] - The article reflects the author's own opinions and is not influenced by external compensation [2] - There is no business relationship with any company mentioned in the article, ensuring an unbiased perspective [2]