TRIN News and Press, Trinity Capital Inc. From 09/13/23

Trinity Capital Inc. Declares Cash Dividend of $0.54 per Share for the Third Quarter of 2023, Including a Supplemental Cash Dividend of $0.05 per Share PR Newswire PHOENIX , Sept. 13, 2023 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity...

2023-09-12 16:44:03 ET Summary Trinity Capital's share offering and the small increase in net asset value per share did not significantly impact our covered call trade. The covered calls were closed out, locking in options premium and 'doubling the dividend.' Trinity Capital r...

2023-09-08 09:15:00 ET Summary Investing in certain Business Development Companies (BDCs) can benefit retail investors from rising interest rates. Trinity Capital Inc. is a BDC that focuses on companies backed by venture capital firms and benefits from rising rates. TRIN's man...

2023-09-07 09:17:28 ET Summary Trinity Capital has had a strong operating performance, with growth in net asset value, improved net investment income, and consistent dividend increases. The company is focused on debt financing for venture-backed companies and is expanding its pres...

Trinity Capital Inc. Announces CEO Transition: Steve Brown to Assume Role of Executive Chairman, Kyle Brown Named CEO, Effective January 2024 PR Newswire PHOENIX , Sept. 6, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or the "Co...

2023-09-01 23:04:04 ET Summary We take a look at the action in business development companies through the fourth week of August and highlight some of the key themes we are watching. BDCs were down slightly on the week as valuations came off the historic average level. We take ...

2023-08-30 10:42:15 ET Summary Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is currently trading at the lowest multiple of NAV (35% discount) due to being a lower-quality business de...

2023-08-29 07:58:57 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses ARCC's dividend coverage comparing the recently reported results to my base, best, and worst pr...

2023-08-22 13:04:27 ET Summary Many BDCs have been reducing their fee structures, which has been attracting higher quality and institutional investors to the sector. We recently sent out a "Buy" recommendation discussing GBDC's reduction in management fees driving increased divide...

2023-08-22 12:55:16 ET More on Trinity Capital Trinity Capital: Buy The Dip, It Yields 13.6% Trinity Capital: Initiating Coverage Of This 14% Yielding BDC Jefferies initiates Trinity Capital at Buy given its 'best-in-class' ROE More companies turning to BDCs ...