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

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

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

NASDAQ:TRINZ traded up $0.02 on Friday, hitting $25.51. The stock had a trading volume of 14,255 shares, compared to its average volume of 8,048. The business’s 50-day simple moving average is $25.36 and its two-hundred day simple moving average is $25.32. Trinity Capital Inc. 7.875% Notes due 2029 has a 52-week low of $24.91 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.