Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) Shares Up 0% – What’s Next?

Trinity Capital Inc. 7.875% Notes due 2029 (NASDAQ:TRINZ) shot up 0% during trading on Wednesday . The stock traded as high as $25.27 and last traded at $25.2590. 7,364 shares changed hands during trading, a decline of 31% from the average session volume of 10,691 shares. The stock had previously closed at $25.25.

Trinity Capital Inc. 7.875% Notes due 2029 Price Performance

The business has a fifty day simple moving average of $25.39 and a 200-day simple moving average of $25.33.

Trinity Capital Inc. 7.875% Notes due 2029 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were paid a $0.4922 dividend. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend was Monday, December 15th.

Trinity Capital Inc 7.875% Notes due 2029 (NASDAQ: TRINZ) are senior unsecured notes issued by Trinity Capital Inc, a publicly traded business development company. The notes bear a fixed annual interest rate of 7.875% payable quarterly and mature in 2029, offering investors a steady income stream backed by the company’s diversified financing portfolio.

Trinity Capital Inc operates under the Investment Company Act of 1940 and specializes in providing customized debt solutions to growth-stage, venture-backed companies across North America.