Trinity Capital Inc. 7.875% Notes due 2029 (TRINZ) to Issue Quarterly Dividend of $0.49 on June 30th

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

Trinity Capital Inc. 7.875% Notes due 2029 Trading Up 0.1%

Trinity Capital Inc. 7.875% Notes due 2029 stock traded up $0.02 during midday trading on Friday, reaching $25.51. 14,255 shares of the company were exchanged, compared to its average volume of 8,048. The firm’s 50-day simple moving average is $25.36 and its 200-day simple moving average is $25.32. Trinity Capital Inc. 7.875% Notes due 2029 has a 1 year low of $24.91 and a 1 year 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.