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Stock impact report

Trinity Capital: Strange Dip Opens Up 14% Dividend Yield Opportunity [Seeking Alpha]

Trinity Capital Inc. (TRIN) 
Company Research Source: Seeking Alpha
The BDC is pushing ahead with portfolio growth, with its total debt investments at cost valued at $2.03 billion at the end of the third quarter, up 8.5% sequentially. NII downside from Fed rate cuts will be limited, due to a majority of loans being embedded with interest rate floors, and with 40.6% of TRIN's outstanding borrowing at a floating rate. EyeEm Mobile GmbH/iStock via Getty Images Trinity Capital ( TRIN ) has seen its dividend yield expand in recent weeks, even as third-quarter earnings highlight healthy net investment income [NII] coverage. This has represented an opportunity for TRIN bulls to expand on positions in the BDC closer to its April "Liberation Day" tariff This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of TRIN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Al Show less Read more
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