Trinity Capital Inc. 7.875% Notes due 2029 (TRINZ) to Release Earnings on Wednesday

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZGet Free Report) is expected to be issuing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.5160 per share and revenue of $80.2790 million for the quarter.

Trinity Capital Inc. 7.875% Notes due 2029 Stock Performance

NASDAQ TRINZ opened at $25.45 on Tuesday. The stock’s 50 day simple moving average is $25.29 and its 200-day simple moving average is $25.35. Trinity Capital Inc. 7.875% Notes due 2029 has a 1-year low of $24.78 and a 1-year high of $25.66.

Trinity Capital Inc. 7.875% Notes due 2029 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a $0.4922 dividend. This represents a $1.97 annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend was Monday, December 15th.

Institutional Investors Weigh In On 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. purchased a new position in Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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.

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