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 Stock Up 0.1%

TRINZ traded up $0.02 on Friday, reaching $25.51. 14,255 shares of the company’s stock were exchanged, compared to its average volume of 8,048. The company’s 50 day moving average is $25.36 and its 200-day moving average is $25.32. Trinity Capital Inc. 7.875% Notes due 2029 has a twelve month low of $24.91 and a twelve month high of $25.66.

Institutional Trading of Trinity Capital Inc. 7.875% Notes due 2029

A hedge fund recently bought a new stake in Trinity Capital Inc. 7.875% Notes due 2029 stock. Karpus Management Inc. bought a new position in shares of Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,225 shares of the company’s stock, valued at approximately $31,000.

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.