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TRIN Trinity Capital dividend history, payout ratio & dates

Trinity Capital's last quarterly dividend of $0.51 per share was on Mar 27, 2024 (ex-date). The annualized dividend payment of $1.55 per share represents a current dividend yield of 10.34%. The latest TRIN payout of $0.51 marks a dividend growth of 2%.

Key dates

  • TRIN last dividend date: Mar 27, 2024
  • TRIN next dividend date: Not announced
TRIN dividend stats
DPS
$1.55
Dividend yield
10.46%
Payout ratio
93.4%
vs. Financial Services sector
Dividend yield
3.44%
Payout ratio
41%

Dividend yield

What is Trinity Capital current dividend yield

Trinity Capital's dividend yield of 10.34% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.44%, Trinity Capital's dividend yield is 201% higher.

Dividend history

What is TRIN dividend payout history and dates

Trinity Capital has a history of paying dividends since 2021. Our records of TRIN show that the company has issued six quarterly dividends in the last twelve months. The annualized DPS has grown by 1.3% since one year ago. But with the stock price up by 12% from a year ago, the dividend yield marks a decrease of 9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 27, 2024 Apr 15, 2024 Mar 14, 2024 $0.51 normal
Dec 28, 2023 Jan 12, 2024 Dec 14, 2023 $0.5 normal
Sep 28, 2023 Oct 13, 2023 Sep 13, 2023 $0.05 normal
Sep 28, 2023 Oct 13, 2023 Sep 13, 2023 $0.49 normal
Jun 29, 2023 Jul 14, 2023 Jun 14, 2023 $0.05 normal
Jun 29, 2023 Jul 14, 2023 Jun 14, 2023 $0.48 normal
Mar 30, 2023 Apr 14, 2023 Mar 15, 2023 $0.47 normal
Dec 29, 2022 Jan 13, 2023 Dec 15, 2022 $0.46 normal
Dec 29, 2022 Jan 13, 2023 Dec 15, 2022 $0.15 normal
Sep 29, 2022 Oct 14, 2022 Sep 15, 2022 $0.15 normal
Sep 29, 2022 Oct 14, 2022 Sep 15, 2022 $0.45 normal
Jun 29, 2022 Jul 15, 2022 Jun 15, 2022 $0.42 normal
Jun 29, 2022 Jul 15, 2022 Jun 15, 2022 $0.15 normal
Mar 30, 2022 Apr 15, 2022 Mar 15, 2022 $0.15 special
Mar 30, 2022 Apr 15, 2022 Mar 15, 2022 $0.4 normal
Dec 30, 2021 Jan 14, 2022 Dec 16, 2021 $0.36 normal
Sep 29, 2021 Oct 15, 2021 Sep 13, 2021 $0.33 normal
Jun 29, 2021 Jul 15, 2021 Jun 16, 2021 $0.29 normal
Mar 30, 2021 Apr 16, 2021 Mar 24, 2021 $0.28 normal

Trinity Capital dividend payout ratio

What is Trinity Capital dividend payout ratio compared to the sector

Payout ratio

Trinity Capital's payout ratio of 93.4% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41%, Trinity Capital's payout ratio is 128% higher.

Total amount of dividends paid per financial year (from cash flow)

TRIN dividend vs peer dividends

How does TRIN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TPVG TriplePoint Venture Growth BDC Corp 16.95% $1.6 N/A
HRZN Horizon Technology Finance Corp 10.89% $1.32 N/A
TRIN Trinity Capital Inc 10.46% $1.55 93.4%
RWAY Runway Growth Finance Corp 8% $0.94 85.5%
HTGC Hercules Capital Inc 6.53% $1.28 57.7%

Frequently asked questions

Does Trinity Capital pay a dividend?

Yes, Trinity Capital has been paying dividends for the last three years.

When is Trinity Capital's next dividend?

TRIN hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in June 2024.

When was TRIN's last dividend?

Trinity Capital's last regular dividend was on Mar 27, 2024 (ex-date) with the amount of $0.51 per share.

How much dividend does Trinity Capital pay (per share)?

TRIN's annualized dividend per share is $1.55.

What is Trinity Capital's dividend yield?

Currently Trinity Capital's dividend yield is 10.34%.

How often does Trinity Capital pay dividends?

Trinity Capital pays four dividends per year.

What is Trinity Capital's dividend payout ratio?

The dividend payout ratio of Trinity Capital is 93.4%.

Does Trinity Capital pay a good dividend?

Trinity Capital's dividend yield is higher than the Financial Services sector average.