Trinity Capital: 14% Yield, -11% Discount, Strong Growth

Oct. 07, 2022 9:15 AM ETTrinity Capital Inc. (TRIN)TRIN106 Comments

Summary

  • Trinity Capital yields 13.84% on a regular forward dividend basis.
  • Management also intends to pay another $.15 dividend again in Q4 '22.
  • It also looks undervalued vs. the BDC industry on a Price to Net Investment Income basis.
  • Looking for more investing ideas like this one? Get them exclusively at Hidden Dividend Stocks Plus. Learn More »

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This article was written by

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Robert Hauver, MBA, aka “Double Dividend Stocks” was VP of Finance for an industry-leading corporation for 18 years and has been investing for more than 30 years. He focuses on undercovered and undervalued income vehicles and he leads the investing group Hidden Dividend Stocks Plus.

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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 Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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