PHOENIX , March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform.
Trinity Capital is a "BUY" due to its high, sustainable dividend yield and solid financial performance since its IPO. TRIN's dividend yield exceeds 12%, with a payout ratio close to 100%, making it the highest among the leaders of the industry. The company's robust portfolio quality, high net investment income, and growing net asset value justify the future high dividend payouts.
PHOENIX , March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry.
Trinity Capital, Inc. (NASDAQ:TRIN ) Q4 2024 Earnings Conference Call February 26, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer & Director Michael Testa - CFO & Treasurer Gerald Harder - COO Ronald Kundich - Chief Credit Officer Conference Call Participants Matthew Hurwit - Jefferies Doug Harter - UBS Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good morning. My name is David, and I'll be your conference operator today.
Trinity Capital posted record highs in Q3, with impressive top and bottom line growth, despite a challenging economic backdrop and flat net investment income per share. The BDC's strong portfolio quality, disciplined underwriting, and record $2 billion AUM highlight its solid growth and credit quality, despite a slight increase in leverage. Dividend coverage is solid at 106%, supported by ample spillover income and lower exposure to floating rate debt compared to peers, ensuring near-term safety.
PHOENIX , Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack , a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and easily set up pay-over-time options.
PHOENIX , Jan. 27, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies. Elucent amplifies the field of surgical guidance, transforming standard instruments into smart tools with In-Body Spatial Intelligence™, giving physicians true 3D surgical awareness for unmatched precision.
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and innovation of businesses in a variety of industries, including manufacturing & automation, energy, space technology, climate tech, and artificial intelligence.
PHOENIX , Jan. 21, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Silk Technologies ("Silk"), a leader in software-defined cloud storage. Silk is a software-defined cloud storage provider focused on enhancing the performance and efficiency of cloud applications and databases.
PHOENIX , Jan. 16, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading alternative asset manager, today announced the commitment of $12.5 million in growth capital to Upward Health, an in-home, multidisciplinary medical group providing 24/7 whole-person care. The company partners with health plans and other risk-bearing entities to address the unique needs of high-risk, high-need patients, delivering care that aims to improve health outcomes and quality of life.