Trinity Capital's last quarterly dividend of $0.51 per share was on Jun 28, 2024 (ex-date). The annualized dividend payment of $2.01 per share represents a current dividend yield of 13.94%.
Trinity Capital's dividend yield of 13.94% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.85%, Trinity Capital's dividend yield is 389% higher.
Trinity Capital has a history of paying dividends since 2021. Our records of TRIN show that the company has issued five quarterly dividends in the last twelve months. The annualized DPS has grown by 38% since one year ago. And with the stock price down by 2.6% from a year ago, the dividend yield has grown by 41%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 28, 2024 | Jul 15, 2024 | Jun 13, 2024 | $0.51 | normal |
| 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 | $0.49 | normal |
| Sep 28, 2023 | Oct 13, 2023 | Sep 13, 2023 | $0.05 | 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's payout ratio of 121.1% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, Trinity Capital's payout ratio is 194% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TPVG TriplePoint Venture Growth BDC Corp | 17.8% | $1.6 | N/A |
| TRIN Trinity Capital Inc | 13.7% | $2.01 | 121.1% |
| HRZN Horizon Technology Finance Corp | 10.76% | $1.32 | N/A |
| RWAY Runway Growth Finance Corp | 7.83% | $0.94 | 85.5% |
| HTGC Hercules Capital Inc | 5.97% | $1.28 | 57.7% |
Yes, Trinity Capital has been paying dividends for the last three years.
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 September 2024.
Trinity Capital's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.51 per share.
TRIN's annualized dividend per share is $2.01.
Currently Trinity Capital's dividend yield is 13.94%.
Trinity Capital pays four dividends per year.
The dividend payout ratio of Trinity Capital is 121.1%.
Trinity Capital's dividend yield is higher than the Financial Services sector average.