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 ...

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 ...

Trinity Capital Inc. (TRIN) shares rose 1.8% in after-hours trading following the announcement of a new share repurchase program on Thursday.TRIN’s board of directors authorized a share buyback plan worth $30 million. The program is set to expire earlier of either Nov. 7, 2025, or full utilization of the authorization.The company noted that it can “take advantage of situations where the Company's management believes share repurchases would be advantageous to the Company and to its shareholders.”Earlier, in ...

PHOENIX, Nov. 7, 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 has authorized a program for the purpose of repurchasing up to $30 million worth of the Company's common stock.Under the repurchase program, Trinity may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that Trinity c ...

Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this business development company would post earnings of $0.53 per share when it actually produced earnings of $0.51, delivering a surprise of -3.77%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Trini ...

PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced it has closed a private notes offering totaling $142.5 million in aggregate principal amount of unsecured Series A Notes (as defined below). "We are pleased by this transaction being oversubscribed from the launch amount of $100 million," said Kyle Brown, Chief Executive Officer of Trinity Capital. "This a ...

Exhibit 99.1 Trinity Capital Inc. Reports Third Quarter 2024 Financial Results Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, October 30, 2024 – Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlig ...

Business development companies are popular with dividend investors for obvious reasons: they pay high dividends, and in many cases yields are in double-digit territory. Trinity Capital (NASDAQ: TRIN ) stands out of the BDC universe by offering dividend investorsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...

PHOENIX, Oct. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. Since then, Beam has evolved into a one-stop shop for ancillary benefits, offering dental, vision, life, disability, and supplemental health co ...

PHOENIX, Oct. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that the Company will now be hosting its third quarter 2024 conference call at 8:00 a.m. PT (11:00 a.m. ET) on Wednesday, October 30, 2024, one hour earlier than previously announced. Trinity will still release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. To liste ...