Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Plans $0.49 Quarterly Dividend

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) announced a quarterly dividend on Friday, January 1st. Investors of record on Sunday, March 15th will be paid a dividend of 0.4922 per share on Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Friday, March 13th.

Trinity Capital Inc. 7.875% Notes due 2029 Trading Down 0.0%

NASDAQ:TRINZ traded down $0.01 on Wednesday, hitting $25.44. The stock had a trading volume of 8,201 shares, compared to its average volume of 8,583. The business’s 50-day simple moving average is $25.34 and its two-hundred day simple moving average is $25.35. Trinity Capital Inc. 7.875% Notes due 2029 has a 52-week low of $24.78 and a 52-week high of $25.66.

Trinity Capital Inc 7.875% Notes due 2029 (NASDAQ: TRINZ) are senior unsecured notes issued by Trinity Capital Inc, a publicly traded business development company. The notes bear a fixed annual interest rate of 7.875% payable quarterly and mature in 2029, offering investors a steady income stream backed by the company’s diversified financing portfolio.

Trinity Capital Inc operates under the Investment Company Act of 1940 and specializes in providing customized debt solutions to growth-stage, venture-backed companies across North America.