| Dividend Investors, It's Time To Raise Cash, Here's Why |
Despite my usual inclination to invest in dividend-paying stocks, current market valuations and economic risks lead me to prefer raising cash over investing. The 10-year Treasury yield reflects a tug-of-war between inflation and economic weakness, influenced by tariffs and trade uncertainties. The recent U.S.-U.K. trade deal is a positive development, but it doesn't fully offset the higher tariffs still in place post-"Liberation Day." |
seekingalpha.com |
2025-05-10 12:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: Solid Q1 Earnings Warrants Upgrade |
Trinity Capital's price has decreased over the last year, causing it to now trade at a more attractive valuation. TRIN's diverse portfolio, primarily in floating rate investments, benefits from higher interest rates, though risks remain if rates stay elevated. Q1 2025 earnings showed improvements with net investment income of $0.52 per share and increased total investment income, despite higher operating expenses. |
seekingalpha.com |
2025-05-10 07:48:46 |
Czytaj oryginał (ang.) |
| 2 BDCs On My Recession Radar |
BDCs, previously top performers due to high yields and rising rates, now face selling pressure amid economic uncertainty and potential interest rate cuts. Hercules Capital and Trinity Capital, despite solid fundamentals, may see tighter dividend coverage and selling pressure if rates decline as expected. Both BDCs have strong balance sheets and spillover income, ensuring near-term dividend safety despite potential economic headwinds. |
seekingalpha.com |
2025-05-08 16:08:52 |
Czytaj oryginał (ang.) |
| Trinity Capital, Inc. (TRIN) Q1 2025 Earnings Call Transcript |
Trinity Capital, Inc. (NASDAQ:TRIN ) Q1 2025 Results Conference Call May 7, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Gerry Harder - COO Ron Kundich - Chief Credit Officer Conference Call Participants Casey Alexander - Compass Point Cory Johnson - UBS Christopher Nolan - Ladenburg Thalmann Paul Johnson - KBW Sean-Paul Adams - B. Riley Securities Operator Good morning. |
seekingalpha.com |
2025-05-07 18:07:05 |
Czytaj oryginał (ang.) |
| Trinity Capital (TRIN) Q1 Earnings and Revenues Lag Estimates |
Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.52 per share a year ago. |
zacks.com |
2025-05-07 14:15:40 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Reports First Quarter 2025 Financial Results |
Total Investment Income grows 29.5% year-over-year Net Asset Value reaches new high of $833 million Return on Average Equity registers at 15.5% PHOENIX , May 7, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or "the Company"), a leading alternative asset manager, today announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Total investment income of $65.4 million, an increase of 29.5% year-over-year Net investment income ("NII") of $32.4 million, or $0.52 per basic share Net increase in net assets resulting from operations of $27.1 million, or $0.43 per basic share 15.5% Return on Average Equity "ROAE" (NII/Average Equity) 7.1% Return on Average Assets "ROAA" (NII/Average Assets) Net Asset Value of $833.4 million, or $13.05 per share at the end of Q1 Total gross investment commitments of $185.9 million Total gross investments funded of $220.4 million, which was comprised of $94.8 million in six new portfolio companies and $125.6 million in 19 existing portfolio companies Total investment exits and repayments of $157.1 million, including $62.4 million from scheduled/amortizing debt payments, $59.1 million from early debt repayments and refinancings, $35.4 million from investments sold to multi-sector holdings, and $0.2 million from warrant and equity sales 21st consecutive quarter of a consistent or increased regular dividend, with a first quarter distribution of $0.51 per share "Trinity Capital delivered another strong quarter to kick off 2025, underscoring our disciplined underwriting, active portfolio management, and diversified investment strategies," said Kyle Brown, Trinity Capital's Chief Executive Officer. |
prnewswire.com |
2025-05-07 12:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Receives New Investment Grade Rating from Moody's |
Moody's assigns to Trinity Capital an investment grade long-term issuer rating of Baa3 with a stable outlook PHOENIX , May 5, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or "the Company"), a leading alternative asset manager, is pleased to announce that Moody's Investors Services, Inc. ("Moody's") has assigned to the Company a new investment grade long-term issuer rating of Baa3 with a stable outlook. Factors cited by Moody's in initiating its rating include Trinity Capital's investment expertise, growing performance record since inception, relatively low reliance on secured funding sources, and good capitalization and liquidity. |
prnewswire.com |
2025-05-05 20:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: A 13% Venture-Backed Dividend Yield |
Trinity Capital maintains a stable 13.8% dividend yield with a 3-year CAGR of 8.4%, supported by strong NAV growth and earnings spillover. TRIN's NAV per share increased sequentially, driven by net investment income and realized gains. Net investment income provided 114% dividend coverage. Trading at a 10.7% premium to NAV, there is downside risk amid recession fears, but the BDC's portfolio is well-diversified with a focus on secured loans. |
seekingalpha.com |
2025-04-26 14:58:20 |
Czytaj oryginał (ang.) |
| BDC Weekly Review: Q2 Guidance Starts To Trickle In |
We take a look at the action in business development companies through the third week of April and highlight some of the key themes we are watching. BDCs rallied with a 4% gain over a holiday-shortened week, though the sector remains down month-to-date, with GAIN outperforming. Q1 guidance is coming in: MAIN expects a record NAV, while CSWC anticipates a 14% drop in NII but a slight NAV increase. |
seekingalpha.com |
2025-04-26 13:03:14 |
Czytaj oryginał (ang.) |
| 2 High Yielding BDCs For An Income Investor's Portfolio |
During the latest market volatility, I had been adding to several of my positions. Several of these included adding to my more traditional dividend growth names. However, I also took advantage of the downturn by adding to 2 BDCs, as they saw their yields spike even higher. |
seekingalpha.com |
2025-04-24 11:34:11 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Funds $220 Million of Investments in the First Quarter of 2025 |
Company originates $186 million of new commitments in the first quarter of 2025 PHOENIX , April 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025. |
prnewswire.com |
2025-04-09 12:30:00 |
Czytaj oryginał (ang.) |
| Buy Alert: Trinity Capital Now Offers A 14% Covered Yield |
Trinity Capital's stock price drop presents a buying opportunity, with a 14% yield supported by strong net investment income and potential for dividend growth in 2025. Key investment pillars include positive interest rate sensitivity, robust dividends, and specialized financing solutions, particularly in the equipment market. Trinity Capital's total investment income surged 48% YoY in 4Q24, with a portfolio value increase of 35%, indicating a strong margin of safety. |
seekingalpha.com |
2025-04-08 11:20:13 |
Czytaj oryginał (ang.) |
| Trinity Capital's 13% Dividend: Is It Too Good to Be True? CEO Responds |
In this episode, I sit down with Kyle Brown, CEO of Trinity Capital, and discuss how this high-yield powerhouse makes money, delivers consistent shareholder value, and keeps that eye-popping 13% dividend flowing. |
fool.com |
2025-04-04 11:15:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides Details for First Quarter 2025 Financial Results and Earnings Call |
PHOENIX , April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025. |
prnewswire.com |
2025-04-03 20:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $68.75 Million in Growth Capital to CMR Surgical |
PHOENIX , April 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System (Versius), a versatile and adaptable soft-tissue surgical robot. The investment forms part of the company's recently closed financing round of more than $200 million. |
prnewswire.com |
2025-04-02 20:05:00 |
Czytaj oryginał (ang.) |
| Yield Hunting Part 16: Trinity Capital's Baby Bonds And 7%-Plus Yield To Call |
Trinity Capital's baby bonds offer yields over 2% above sector benchmarks, with stable common stock performance and investment-grade equivalent balance sheet. TRIN's bonds, TRINI and TRINZ, show attractive yields to maturity and call, outperforming comparable sector bonds in our low-duration portfolio. TRIN's credit score, based on a modified Moody's methodology, is A2, reflecting strong asset quality, leverage, and debt structure. |
seekingalpha.com |
2025-03-25 20:31:34 |
Czytaj oryginał (ang.) |
| Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick |
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Currently, BDCs face several headwinds, which increase the risk of dividend cuts and price declines, especially within the more speculative and high-multiple segments. |
seekingalpha.com |
2025-03-23 11:15:00 |
Czytaj oryginał (ang.) |
| Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers |
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dogcatcher subscribers, with detailed summaries and reference guides listed by date. I prioritize stocks whose dividends from $1K invested exceed their single share price, categorizing them as "cash rich" or "cash poor". |
seekingalpha.com |
2025-03-20 13:15:06 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the First Quarter of 2025 |
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareholders. |
prnewswire.com |
2025-03-19 18:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Expands Institutional Fundraising Efforts with Appointment of Zach Taffet |
PHOENIX , March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. |
prnewswire.com |
2025-03-12 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital, Inc. (TRIN) Q4 2024 Earnings Call Transcript |
Trinity Capital, Inc. (NASDAQ:TRIN ) Q4 2024 Earnings Conference Call February 26, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Gerald Harder - COO Ronald Kundich - Chief Credit Officer Conference Call Participants Matthew Hurwit - Jefferies Doug Harter - UBS Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good morning. My name is David, and I'll be your conference operator today. |
seekingalpha.com |
2025-02-26 17:10:16 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Reports Fourth Quarter and Full Year 2024 Financial Results |
Return on Average Equity hits 17.4 % in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total Investment Income grows 31 % year-over-year PHOENIX , Feb. 26, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Total investment income of $70.8 million, an increase of 48.1% year-over-year Net investment income ("NII") of $34.6 million, or $0.58 per basic share Net increase in net assets resulting from operations of $45.9 million, or $0.77 per basic share 17.4% Return on Average Equity "ROAE" (NII/Average Equity) 7.6% Return on Average Assets "ROAA" (NII/Average Assets) Net Asset Value of $823.0 million, or $13.35 per share at the end of Q4 Total gross investment commitments of $410.6 million Total gross investments funded $297.3 million, comprised of $233.4 million in 9 new portfolio companies, $58.7 million in 15 existing portfolio companies and $5.2 million in multi-sector holdings Total investment exits and repayments of $280.6 million, including $129.0 million from early debt repayments, $16.4 million from warrant and equity sales, $58.7 million from scheduled/amortizing debt payments and $76.5 million from investments sold to multi-sector holdings 20th consecutive quarter of a consistent or increased regular dividend, with a fourth quarter distribution of $0.51 per share Full Year 2024 Highlight Total investment income of $237.7 million, an increase of 30.7% year-over-year Net investment income of $115.8 million, or $2.20 per share Total gross investments funded of $1.2 billion, an increase of 91.6% year-over-year Net investment portfolio growth at cost of $440.9 million, an increase of 33.4% year-over-year Total platform assets under management of $2.0 billion, an increase of 40.6% year-over-year Undistributed earnings spillover of $66.8 million, or $1.08 per share outstanding, based on total shares outstanding at Q4 2024 "Our team executed across various strategic initiatives to drive growth and deliver a milestone year in 2024," said Kyle Brown, Chief Executive Officer of Trinity Capital. |
prnewswire.com |
2025-02-26 10:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $15 Million in Growth Capital to Cagent Vascular Inc. |
PHOENIX , Feb. 20, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in 2024. |
prnewswire.com |
2025-02-20 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024 |
PHOENIX , Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share. |
prnewswire.com |
2025-02-04 18:05:00 |
Czytaj oryginał (ang.) |
| Barings and Trinity Capital Partner to Commence Phase II Construction at Horizon 16 Industrial Park in Savannah, GA |
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's largest diversified real estate investment managers, and Trinity Capital, a Charlotte-based commercial real estate development firm, announced today that they have commenced construction on Phase II of Horizon 16 Industrial Park, a joint venture logistics park in Savannah, GA. Phase II will focus on six buildings across 1.5 million square feet of Class-A industrial space designed to meet the needs of regional, national, and internati. |
businesswire.com |
2025-02-03 11:00:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: Record Quarter Impressive Amidst A Challenging Economic Backdrop |
Trinity Capital posted record highs in Q3, with impressive top and bottom line growth, despite a challenging economic backdrop and flat net investment income per share. The BDC's strong portfolio quality, disciplined underwriting, and record $2 billion AUM highlight its solid growth and credit quality, despite a slight increase in leverage. Dividend coverage is solid at 106%, supported by ample spillover income and lower exposure to floating rate debt compared to peers, ensuring near-term safety. |
seekingalpha.com |
2025-01-31 09:12:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack |
PHOENIX , Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack , a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and easily set up pay-over-time options. |
prnewswire.com |
2025-01-30 09:30:00 |
Czytaj oryginał (ang.) |
| Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating |
PHOENIX , Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. |
prnewswire.com |
2025-01-29 18:17:00 |
Czytaj oryginał (ang.) |
| Yield Hunting Part 6: Trinity Capital Baby Bonds Still Have Some Alpha Left At 7.8% |
Trinity Capital offers stable returns through private credit markets, managing $3.8 billion in assets across five business verticals. TRIN's baby bonds, offering yields around 7.88%, are slightly mispriced, presenting a strong investment opportunity. TRIN's credit score, based on our adjusted Moody's methodology, is Baa1 equivalent, indicating strong financial health and a balanced debt structure. |
seekingalpha.com |
2025-01-29 13:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $30 Million in Growth Capital to Elucent Medical |
PHOENIX , Jan. 27, 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 Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies. Elucent amplifies the field of surgical guidance, transforming standard instruments into smart tools with In-Body Spatial Intelligence™, giving physicians true 3D surgical awareness for unmatched precision. |
prnewswire.com |
2025-01-27 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates |
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2024: Wednesday, February 26, 2025, at 12:00 p.m. ET First quarter 2025: Wednesday, May 7, 2025, at 12:00 p.m. |
prnewswire.com |
2025-01-22 18:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc.'s Equipment Finance Vertical Celebrates Milestone: Over $1 Billion in Fundings to High-Growth Companies |
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 intelligence. |
prnewswire.com |
2025-01-22 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc. |
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. |
prnewswire.com |
2025-01-21 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $12.5 Million in Growth Capital to Upward Health |
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. |
prnewswire.com |
2025-01-16 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Funds a Record $1.2 Billion of Investments in 2024 |
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. |
prnewswire.com |
2025-01-13 10:00:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: My Favorite BDC Right Now |
Trinity Capital offers a diversified asset mix and floating-rate exposure, making it a compelling passive income vehicle in a higher-for-longer rate environment. Consistent dividend coverage and a 14% yield, with potential for a 2% dividend hike in 2Q25, underscore its strong income potential. The BDC's net investment income surged 26% YoY in 3Q24, driven by new originations and higher interest rates, supporting future growth. |
seekingalpha.com |
2025-01-13 08:17:29 |
Czytaj oryginał (ang.) |
| Trinity Capital: Record Earnings, Big Yield |
Trinity Capital is an internally managed BDC specializing in venture debt, with a diversified portfolio and significant floating rate debt investments. Despite lower interest rates, TRIN achieved record net investment income and total investment income in Q3 '24, showcasing resilience and growth. TRIN's valuation shows a 12.7% premium to NAV/share, with a strong dividend yield of 13.92% and consistent insider buying. |
seekingalpha.com |
2024-12-28 11:15:00 |
Czytaj oryginał (ang.) |
| 8 Stocks I'm Buying As I Hone My Buying Strategy For 2025 |
I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance dividend growth, using Schwab US Dividend Equity ETF (SCHD) as a primary vehicle. I've sold high-risk stocks and reinvested in higher-yielding, safer options, but my portfolio is now too weighted towards immediate income. |
seekingalpha.com |
2024-12-28 10:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: An Improvement In Portfolio Quality (Ratings Upgrade) |
Trinity Capital offers a nearly 14% dividend yield, supported by solid fundamentals and improving portfolio risk quality, with a recent increase in top-performing investments. The dividend is well-covered by net investment income, with minimal reliance on payment-in-kind income, ensuring strong cash income coverage. Despite declining interest rates, Trinity Capital has seen strong NII growth, with management optimistic about lending pipeline demand offsetting rate declines. |
seekingalpha.com |
2024-12-27 05:41:05 |
Czytaj oryginał (ang.) |
| Want Over $1,000 Every Month in Passive Income: Invest $10,000 Into These Dividend Stocks |
Passive income is characterized by its ability to generate revenue without requiring the earner's continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. |
247wallst.com |
2024-12-20 10:18:17 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form Energy |
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 storage solutions. |
prnewswire.com |
2024-12-16 09:30:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Fourth Quarter of 2024 |
20th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , 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 consistent or increased dividend for Trinity shareholders. |
prnewswire.com |
2024-12-12 18:05:00 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Increases its Credit Facility to $600 Million |
PHOENIX , Dec. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced an increase to $600 million of total commitments under its credit facility led by KeyBank N.A. The credit facility was expanded under the existing accordion feature by $90 million, bringing total commitments from $510 million to $600 million. |
prnewswire.com |
2024-12-10 10:00:00 |
Czytaj oryginał (ang.) |
| Trinity Capital CEO on Leading Private Credit's High-Yield Growth |
The appeal of private credit has been growing considerably among investors and institutions who seek alternative income streams. With traditional bank lending remaining subdued and companies increasingly opting to stay private longer, the private credit market offers potentially lucrative opportunities. |
marketbeat.com |
2024-12-06 16:03:57 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $20 Million in Growth Capital to Steno |
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 technology. |
prnewswire.com |
2024-12-05 09:00:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: An Asset Manager In BDC Clothing |
Trinity Capital CEO Kyle Brown explains how they're an asset manager in BDC clothing. Why dividend stability and growth, NAV stability and growth, EPS, and ROE are the metrics most focused on. |
seekingalpha.com |
2024-11-26 18:35:00 |
Czytaj oryginał (ang.) |
| Trinity Capital: Venture Capital Set For Boom, Why I'm Buying The 14.2% Dividend Yield |
Trinity Capital offers a high, well-covered 14.2% dividend yield, supported by strong net investment income and record loan origination volume. TRIN's dividend safety is bolstered by undistributed taxable income of $1.12 per share. TRIN's credit risk rating slightly increased, but higher loan origination volume and potential IPO boom could offset negative interest rate sensitivity. |
seekingalpha.com |
2024-11-26 12:07:40 |
Czytaj oryginał (ang.) |
| Want $3,000 per Year in Passive Income Paid Monthly? Invest Just $2,500 in These Dividend Stocks |
Key Points Passive income is a steady stream of unearned income that doesn't require active traditional work. |
247wallst.com |
2024-11-21 09:13:26 |
Czytaj oryginał (ang.) |
| Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress |
PHOENIX , Nov. 12, 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 Impress, a leading orthodontic chain in Europe, specializing in invisible aligners. Headquartered in Barcelona, Spain, Impress' network of clinics spans multiple European countries and serves over 250,000 patients annually. |
prnewswire.com |
2024-11-12 08:30:00 |
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| Trinity Capital Stock Up 1.8% on Announcement of Share Repurchase Plan |
TRIN intends to reward its shareholders with the announcement of a new share repurchase program. Additionally, dividend payouts will enhance shareholder value. |
zacks.com |
2024-11-08 12:05:22 |
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| Trinity Capital Inc. Announces Stock Repurchase Program |
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 complies with applicable policies and laws, including certain price, market, volume, and timing constraints specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended. |
prnewswire.com |
2024-11-07 19:24:00 |
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| I Am Loading Up On Preferred Stocks, Yields +7% |
Fixed Income forms the cornerstone of our rate-agnostic income approach. Preferred securities offer steady dividends, lower volatility, and predictable cash flow, making them ideal for retirees. We discuss two fixed-income picks with yields of up to 7.8% so you don't have to deal with the emotional roller coaster of timing the market in your golden years. |
seekingalpha.com |
2024-11-05 09:35:00 |
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| Trinity Capital Inc. (TRIN) Q3 2024 Earnings Call Transcript |
Trinity Capital Inc. (NASDAQ:TRIN ) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Ben Malcolmson - Head, Investor Relations Kyle Brown - Chief Executive Officer Michael Testa - Chief Financial Officer Gerry Harder - Chief Operating Officer Ron Kundich - Chief Credit Officer Conference Call Participants Casey Alexander - Compass Point Christopher Nolan - Ladenburg Tallman Bryce Rowe - B. Riley Matthew Hurwit - Jefferies Finian O'Shea - Wells Fargo Securities Paul Johnson - KBW Doug Harter - UBS Operator Good morning, ladies and gentlemen. |
seekingalpha.com |
2024-10-30 17:42:09 |
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| Trinity Capital (TRIN) Matches Q3 Earnings Estimates |
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. |
zacks.com |
2024-10-30 12:16:10 |
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| 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 , 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 its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Record total investment income of $61.8 million, an increase of 33.2% year-over-year Record net investment income ("NII") of $29.4 million, or $0.54 per basic share Net increase in net assets resulting from operations of $24.4 million, or $0.45 per basic share 16.2% Return on Average Equity "ROAE" (NII/Average Equity) 7.1% Return on Average Assets "ROAA" (NII/Average Assets) Net Asset Value of $756.8 million, or $13.13 per share at the end of Q3 Total gross investment commitments of $629.2 million Total gross investments funded of $459.0 million, comprised of $254.5 million in 11 new portfolio companies, $202.3 million across 20 existing portfolio companies and $2.2 million in the multi-sector holdings Total investment exits and repayments of $198.4 million, including $100.4 million from early debt repayments and refinancings, $56.8 million from scheduled/amortizing debt payments and $41.2 million from investments sold primarily to multi-sector holdings Total platform assets under management ("AUM") increased to a total of $2.0 billion, up 54% year-over-year 19th consecutive quarter of a consistent or increased regular dividend, with a third quarter distribution of $0.51 per share "Trinity's record third-quarter performance is a testament to our team's focus on disciplined underwriting and proactive portfolio management," said Kyle Brown, Chief Executive Officer of Trinity. |
prnewswire.com |
2024-10-30 10:07:00 |
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| Trinity Capital Inc. Closes $142.5 Million Notes Offering |
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. |
prnewswire.com |
2024-10-30 10:05:00 |
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