TRIN / BDC Weekly Review: Will Dividend Coverage Ever Fall Back To Earth?

Trinity Capital Inc. (NASDAQ:TRIN ) Q3 2023 Earnings Conference Call November 1, 2023 12:00 PM ET Company Participants Ben Malcolmson - Director of IR more_horizontal

Trinity Capital Inc. is a well-managed business development company that provides financial solutions to growth companies. The BDC has expertise in fi more_horizontal

Trinity Capital is a self-managed BDC that offers exposure to growth-stage companies backed by venture capital. The company's diversified portfolio, f more_horizontal

Trinity Capital's share offering and the small increase in net asset value per share did not significantly impact our covered call trade. The covered more_horizontal

We take a look at the action in business development companies through the third week of August and highlight some of the key themes we are watching. more_horizontal

Trinity Capital recently hiked its quarterly cash dividend by 2.1% and currently yields 13.6%. This distribution was 127% covered by net investment in more_horizontal

This article discusses TRIN which I have started active coverage assessing the sustainability of the dividend, portfolio credit quality, and quality o more_horizontal

Trinity Capital is a business development company that's focused on venture capital lending and equipment loans. Recently, Jefferies initiated coverag more_horizontal