Trinity Capital's investment income covered its distribution, its asset value grew, and loans not making scheduled payments were just 0.7% of the portfolio. Most unfunded commitments still need review and approval, but the reported results point to stronger business performance.
That gives Trinity Capital room to cover regular shareholder payments from income it earned. Its growing asset base and limited payment problems add support. Most future commitments still need review and approval, so they are not guaranteed.
Follow Trinity Capital (TRIN) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for TRIN