Trinity Capital Inc. – 7.875% Notes Due 2029 (TRINI) Expected to Announce Earnings on Wednesday

Trinity Capital Inc. – 7.875% Notes Due 2029 (NASDAQ:TRINI) 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 Price Performance

TRINI stock opened at $25.51 on Monday. Trinity Capital Inc. – 7.875% Notes Due 2029 has a 12 month low of $24.66 and a 12 month high of $25.74. The firm’s 50-day moving average is $25.39 and its 200 day moving average is $25.43.

Trinity Capital Inc. – 7.875% Notes Due 2029 Dividend Announcement

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

Trinity Capital Inc – 7.875% Notes Due 2029 (NASDAQ:TRINI) constitute a series of senior unsecured debt securities issued by Trinity Capital Inc in early 2024. The notes carry an annual interest rate of 7.875%, payable quarterly, and mature on March 15, 2029. As unsecured obligations, they rank equally with the company’s other senior unsecured indebtedness.

Trinity Capital Inc operates as a business development company (BDC) under the Investment Company Act of 1940, providing flexible debt and equity financing solutions to venture capital- and private equity-backed growth-stage companies.