Trinity Capital Inc Stock News

Trinity Capital offers an attractive 14% dividend yield and strong portfolio diversification in the venture debt space. The company's disciplined underwriting and focus on technology will support stable long-term returns. Loans on non-accrual status were 0.9% as of the end of the fiscal 2025 first quarter. An investment grade rating at "Baa3" from Moody's and a debt-to-equity ratio of 1.15x hig...

PHOENIX , June 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $40 million in growth capital to Paytient, a healthcare payments company helping people better access and afford care. Paytient enables employers and insurers to transform how cost share responsibility feels for patients.

Funding supports Paytient's rapid growth as cost-smoothing becomes a standard component of modern benefit design COLUMBIA, Mo. , June 3, 2025 /PRNewswire/ -- Paytient, the healthcare payments company helping people better access and afford care, has secured $40 million from Trinity Capital, a trusted partner for innovative companies seeking tailored growth capital solutions.

Trinity Capital offers a 14% dividend yield, supported by strong net investment income growth and a consistently covered dividend, making it attractive for passive income. The BDC's portfolio quality is solid, with a low non-accrual ratio (0.9%) and steady loan origination, distinguishing it from peers facing credit issues. Valuation is reasonable with a 12% NAV premium and a Price-to-NII ratio...

I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC valuations and making it harder for borrowers to service debt, leading to fewer quality investment opportunities. Dividend coverage is weakening across many BDCs, with higher non-accruals and PIK in...

PHOENIX , May 28, 2025 /PRNewswire/ --  Trinity Capital Inc.  (Nasdaq: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $62.7 million in growth capital to Atmosphere TV, a premier streaming platform tailored exclusively to businesses, offering more than 30 original and partner TV channels focused on sports, news, and entertainment. Atmosphere's e...

According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate.

Business development companies, or BDCs, can provide relatively high yields, making them attractive for income-focused investors. Not all BDCs are the same, with each having their own unique focus and how they attempt to deliver those higher yields. Today, we are looking at two higher-yielding BDCs that, I believe, are attractive to help boost one's portfolio yield.