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

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) is expected to be releasing its results before the market opens on Wednesday, February 25th. Analysts expect Trinity Capital Inc. 7.875% Notes due 2029 to post 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 $25.43 on Tuesday. The business has a fifty day moving average price of $25.29 and a 200-day moving average price of $25.35. Trinity Capital Inc. 7.875% Notes due 2029 has a one year low of $24.78 and a one year high of $25.66.

Trinity Capital Inc. 7.875% Notes due 2029 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were given a dividend of $0.4922 per share. This represents a $1.97 dividend on an annualized basis and a dividend 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

An institutional investor recently bought a new position in Trinity Capital Inc. 7.875% Notes due 2029 stock. Karpus Management Inc. bought a new stake in shares of Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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.