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Stock impact report

Trinity Capital: Buying The Yield, Watching The Price [Seeking Alpha]

Trinity Capital Inc. (TRIN) 
Company Research Source: Seeking Alpha
TRIN's rerating phase appears largely complete, with shares now trading at a premium (~1.08x NAV), and NAV expansion stalled since 2022. NII durability remains solid, but dividend coverage is thin; future returns hinge on credit quality and yield stability rather than further rerating. Share dilution and a conservative leverage stance cap upside, so new entries should expect mid-single-digit returns and size positions for potential averaging. Tom Werner/DigitalVision via Getty Images Trinity Capital ( TRIN ) is a well-run, income-generating BDC with several quarters of reliable income-generating capabilities demonstrated (consistent early teens income on average). But the stock has also undergone a more than meaningful rerating in recent quarters This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this art Show less Read more
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