HCXY - Trinity Capital: This 13% Yield Is Safer Than It Looks
2024-03-18 03:55:39 ET
Summary
- Trinity Capital Inc. experienced substantial portfolio growth in 2023 despite net realized losses.
- The BDC is well-positioned to profit from the latest inflation update, indicating that inflation is not receding.
- Trinity Capital has the potential to continue raising its dividend in 2023 and return excess portfolio income to shareholders.
Trinity Capital ( TRIN ) is a well-managed BDC that despite net realized losses in 2023 enjoyed substantial portfolio growth in the last year. The BDC also out-earned its dividend with net investment income as well as fully earned its special dividends paid last year....
Trinity Capital: This 13% Yield Is Safer Than It Looks