Trinity Capital Inc. (TRIN)

US — Financial Services Sector
Peers: HRZN  GSBD  MFIC  KBDC  CSWC  NMFC  ASA  BCSF  HTFC  CGBD 

Automate Your Wheel Strategy on TRIN

With Tiblio's Option Bot, you can configure your own wheel strategy including TRIN - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

News

Stop Panicking And Start Buying BDCs
BIZD, CSWC, FSK, HYG, JEPI, KBDC, NVDA, OBDC, OWL, PLTR, QQQ, QQQI, SPY, TRIN, TSLA, TSLX
Published: March 04, 2026 by: Seeking Alpha
Sentiment: Positive

BDC sector offers a great moment to put your inner contrarian to test by scooping up high-quality compounders when everyone else is selling. The discounts have fallen into 20%+ zone, and the average yield level in the sector has risen to almost 13%. These metrics look too good to be true.

Read More
image for news Stop Panicking And Start Buying BDCs
Trinity Capital: Strong Investment Setup (Rating Upgrade)
TRIN
Published: March 03, 2026 by: Seeking Alpha
Sentiment: Positive

Trinity Capital (TRIN) stands out for robust dividend coverage, strong asset quality, and impressive 40% Y/Y portfolio growth, despite sector concerns over SaaS and AI exposure. Trinity Capital's non-accrual ratio at fair value declined to 0.7% in Q4'25, which is among the best in the BDC sector, supporting confidence in credit quality. Trinity Capital fully supported its dividend with NII and published a coverage ratio -- unchanged from Q3 -- of 102%.

Read More
image for news Trinity Capital: Strong Investment Setup (Rating Upgrade)
The Most Dangerous Mistakes BDC Investors Keep Making
ARCC, ARES, BIZD, BXSL, CSWC, FSK, GBDC, HTGC, MAIN, MSDL, O, OBDC, OCSL, OTF, TRIN
Published: March 02, 2026 by: Seeking Alpha
Sentiment: Negative

Double-digit yields look irresistible… but there are hidden risks few income investors truly understand. Business Development Company dividends are about to change – here's what everyone is missing.

Read More
image for news The Most Dangerous Mistakes BDC Investors Keep Making
Trinity Capital: Not Your Typical 13%+ Yielding BDC
TRIN
Published: February 27, 2026 by: Seeking Alpha
Sentiment: Positive

Just like almost all BDCs, Trinity Capital has suffered from the SaaS-driven selloff. However, TRIN is not your typical BDC and the Q4 report proves that. In the article, I explain in detail the unique value proposition that TRIN brings to the table and why this BDC remains within my Top 3 BDC pick list.

Read More
image for news Trinity Capital: Not Your Typical 13%+ Yielding BDC
Trinity Capital: NAV Growth Continues In Q4
TRIN
Published: February 27, 2026 by: Seeking Alpha
Sentiment: Positive

Trinity Capital is upgraded to a buy, demonstrating resilience and a strong portfolio strategy amid sector headwinds. TRIN's net investment income supports a 13.5% dividend yield, now paid monthly, though coverage is thin and warrants monitoring. Portfolio diversification and efficient capital allocation have driven consistent NAV growth, with non-accruals declining to 0.7%.

Read More
image for news Trinity Capital: NAV Growth Continues In Q4
Trinity Capital: Dividend Yield Expands To 13.4% As SaaSpocalypse Panic Grips Markets
TRIN
Published: February 26, 2026 by: Seeking Alpha
Sentiment: Positive

Trinity Capital offers a covered 13.4% dividend yield, with net investment income covering 102% of its distribution. TRIN's net asset value is expanding both nominally and per share, supporting a bullish outlook amid widespread BDC dividend cuts. The recent selloff, driven by AI-related fears impacting software-backed credit, has pushed TRIN lower.

Read More
image for news Trinity Capital: Dividend Yield Expands To 13.4% As SaaSpocalypse Panic Grips Markets
Trinity Capital Inc. (TRIN) Q4 2025 Earnings Call Transcript
TRIN
Published: February 25, 2026 by: Seeking Alpha
Sentiment: Neutral

Trinity Capital Inc. (TRIN) Q4 2025 Earnings Call Transcript

Read More
image for news Trinity Capital Inc. (TRIN) Q4 2025 Earnings Call Transcript
Trinity Capital (TRIN) Q4 Earnings and Revenues Surpass Estimates
TRIN
Published: February 25, 2026 by: Zacks Investment Research
Sentiment: Positive

Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.56 per share a year ago.

Read More
image for news Trinity Capital (TRIN) Q4 Earnings and Revenues Surpass Estimates
Two Low-SaaS 11%+ BDCs Going From Bargains To Buys
APO, ARCC, BIZD, BX, BXSL, HTGC, HYG, KBDC, OWL, TRIN
Published: February 25, 2026 by: Seeking Alpha
Sentiment: Positive

Kayne Anderson BDC and Trinity Capital offer 11%+ yields with minimal SaaS exposure, making them attractive amid sector-wide SaaS-driven BDC selloffs. KBDC's SaaS portfolio exposure is under 3%, and TRIN's is 10.3%, both well below sector averages, limiting their risk from SaaS credit events. Both BDCs demonstrate superior credit quality, with non-accruals at 1.4% (KBDC) and 1% (TRIN), and PIK income far below sector averages.

Read More
image for news Two Low-SaaS 11%+ BDCs Going From Bargains To Buys
Trinity Capital Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2025
TRIN
Published: February 03, 2026 by: PRNewsWire
Sentiment: Neutral

PHOENIX, Feb. 3, 2026 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2025. Trinity Capital's preliminary estimate of its fourth quarter 2025 net investment income is in the range of $0.51 to $0.53 per share.

Read More
image for news Trinity Capital Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2025
2 BDC Value Creators For Durable NAV And High Income
ARCC, BIZD, CCAP, CSWC, FDUS, FSCO, FSK, MAIN, SPY, TRIN, TSLX, XFLT
Published: February 02, 2026 by: Seeking Alpha
Sentiment: Positive

2 BDC Value Creators For Durable NAV And High Income

Read More
image for news 2 BDC Value Creators For Durable NAV And High Income
$15,000 in 5 Ultra-High-Yield Stocks Can Generate $8,720 in Yearly Passive Income
GOOD, SCM, STWD, TRIN, TXO
Published: January 26, 2026 by: 24/7 Wall Street
Sentiment: Positive

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.

Read More
image for news $15,000 in 5 Ultra-High-Yield Stocks Can Generate $8,720 in Yearly Passive Income
Two 12%+ Dividends Going From Bargains To Buys
AMLP, BIZD, CION, FDUS, FSK, HYG, KBDC, MSDL, NIHI, O, PDI, PDO, SCHD, TRIN, UTF, VNQ
Published: January 23, 2026 by: Seeking Alpha
Sentiment: Positive

Investors are currently adopting a more conservative stance, favoring high-quality value and durable income. However, this rotation coupled with lower interest rates echoes a bit 2022's system-wide yield compression (when high-quality income was overcrowded due to a desparate search-for-yield activity). So, finding double digit dividends that are backed by strong fundamentals has become more difficult.

Read More
image for news Two 12%+ Dividends Going From Bargains To Buys
Trinity Capital: 6 Factors Positioning This 13% Yielding BDC As A Prime Buy For 2026
TRIN
Published: January 22, 2026 by: Seeking Alpha
Sentiment: Positive

Trinity Capital is rated a "Buy", supported by 6 strategic factors enabling high dividend yield and share price growth despite sector headwinds. TRIN's business model adapts to falling rates, leverages warrant income, internal management scale, and equipment leasing for diversified, resilient cash flows. A forward dividend yield of 12.67% and monthly payments enhance TRIN's appeal for income-focused investors.

Read More
image for news Trinity Capital: 6 Factors Positioning This 13% Yielding BDC As A Prime Buy For 2026
I See An Opening, 2 BDCs To Buy
BIZD, FDUS, FSK, KBDC, OTF, TRIN
Published: January 21, 2026 by: Seeking Alpha
Sentiment: Positive

BDCs have started this year strong. News on the interest rate and labor market front have been refreshing. Yet, not all BDCs have performed well so far. Namely, 4 BDCs have contracted.

Read More
image for news I See An Opening, 2 BDCs To Buy
Cream Rises To The Top: 2 Top-Tier BDCs To Buy
CCAP, CION, MAIN, TRIN
Published: January 14, 2026 by: Seeking Alpha
Sentiment: Positive

Most BDC investors are value investors, who focus on income. The higher the multiple, the lower the yield - i.e., a mechanic that leads "bargain hunters" underemphasizing high P/NAV BDCs. In the article I detail why this kind of approach might be suboptimal.

Read More
image for news Cream Rises To The Top: 2 Top-Tier BDCs To Buy
My 2 High Conviction BDC Picks To Beef Up Returns
CCAP, CION, FDUS, TRIN
Published: January 08, 2026 by: Seeking Alpha
Sentiment: Positive

I focus on business development companies, or BDCs, with durable dividends, strong downside protection, and resilience to rate and credit risk shifts. However, there is also a merit of including BDCs, which would qualify for tactical investment bucket - i.e., high risk, high return. In the article I outline the rationale of having such exposures and provide two practical examples, which carry high potential to beef up the total return component.

Read More
image for news My 2 High Conviction BDC Picks To Beef Up Returns
The Biggest Bargain And The Most Expensive Lottery Ticket I See In The BDC Space
BBDC, BIZD, CSWC, FDUS, HTGC, KBDC, MAIN, MSDL, PNNT, TRIN
Published: January 07, 2026 by: Seeking Alpha
Sentiment: Neutral

BDC sector valuations remain depressed, with P/NAV metrics under 1x due to falling rates and credit risk concerns. Dividend sustainability is diverging across BDCs; not all will cut, but the ones with sustainable dividends do not automatically have strong total return prospects. I highlight one BDC as a compelling bargain with strong total return prospects and contrast it with another viewed as highly overpriced.

Read More
image for news The Biggest Bargain And The Most Expensive Lottery Ticket I See In The BDC Space
The Chart That Answers Your Question About BDC Dividend Cuts
AMLP, BIZD, CSWC, FDUS, GBDC, HTGC, IYZ, KBDC, MSDL, NCDL, PSBD, TRIN, VNQ, XLF
Published: January 05, 2026 by: Seeking Alpha
Sentiment: Negative

Investors have started to question how sustainable BDC dividends are. A lot of this skepticism is logical and justified by valid reasons. My calculus shows that on average BDCs could cut their dividends by 20% in order to avoid NAV erosion.

Read More
image for news The Chart That Answers Your Question About BDC Dividend Cuts
Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
AMLP, ARCC, BIZD, BXSL, FDUS, HYG, KBDC, MAIN, OBDC, OCSL, SPY, TCPC, TPVG, TRIN, VNQ
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Neutral

BDC net investment income levels are declining as the Fed lowers rates. Despite lower base rates, I see no reason to rotate out of the BDC sector. In the article I detail how BDCs have outperformed the S&P 500 and high yield credit even in prolonged low-rate environments.

Read More
image for news Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
10% Yield Vs. 13% Yield: Why I Prefer Hercules Over Trinity Capital Today
TRIN
Published: December 21, 2025 by: Seeking Alpha
Sentiment: Positive

Hercules Capital and Trinity Capital are leading BDCs specializing in venture lending to innovation-driven small and medium businesses. As the Fed cuts interest rates, BDC companies face the risk of margin compression. However, HTGC and TRIN are better positioned to adapt to these changes, which supports my 'Buy' rating for both.

Read More
image for news 10% Yield Vs. 13% Yield: Why I Prefer Hercules Over Trinity Capital Today
Trinity Capital: Despite Risks, 14% Yield Worth Considering
TRIN
Published: December 05, 2025 by: Seeking Alpha
Sentiment: Positive

Trinity Capital stands out in the BDC space for its ~14% dividend yield, niche growth strategy, internal management, growing net investment income and rising book value. However, it faces risks, including relatively low first lien loans, relatively low floating rate debt, interest rate sensitivity and investment style. This report reviews all of the above and then concludes with my strong opinion on investing.

Read More
image for news Trinity Capital: Despite Risks, 14% Yield Worth Considering
The Hidden Risk In BDC Market That Nobody Is Talking About
MSDL, OCSL, PNNT, TRIN
Published: December 01, 2025 by: Seeking Alpha
Sentiment: Negative

BDCs are facing pressures from multiple fronts. Yet, they do not have much ammo left to fight back via portfolio growth. This is not good for shareholder and BDC managers, who earn fees based on asset size and earnings results.

Read More
image for news The Hidden Risk In BDC Market That Nobody Is Talking About
Don't Fear The Pivot: 2 BDCs Built For 10%+ Yields In New Rate Regime
BIZD, FDUS, TRIN
Published: November 26, 2025 by: Seeking Alpha
Sentiment: Negative

BDC earnings are sensitive to interest rates. As there is no meaningful margin of safety in the BDC system, forthcoming interest rate cuts might trigger a wave of dividend cuts. For prudent passive income investors who want to avoid experiencing stress that is associated with dividend reductions, BDCs might not seem like a good option.

Read More
image for news Don't Fear The Pivot: 2 BDCs Built For 10%+ Yields In New Rate Regime
Don't Bury BDC Dividends Just Yet
ARCC, BIZD, BXSL, CION, CSWC, FDUS, FSK, GBDC, HTGC, KBDC, MAIN, MSDL, OBDC, OTF, TRIN, TSLX
Published: November 17, 2025 by: Seeking Alpha
Sentiment: Positive

The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it is a process that takes time, the current data show that many BDCs are well-positioned to safeguard their existing dividends.

Read More
image for news Don't Bury BDC Dividends Just Yet
The BDC Bargain Bell Is Ringing
ARCC, BIZD, FDUS, GS, KBDC, MAIN, MS, MSDL, OBDC, PBDC, TRIN
Published: November 13, 2025 by: Seeking Alpha
Sentiment: Neutral

BDCs have had a rough year so far. Yet, Q3 earnings data points indicate that the tide could be turning. While there are some tangible improvements in BDC business environment, many risks remain open.

Read More
image for news The BDC Bargain Bell Is Ringing
Trinity Capital: One Of The Best 'Buy The Dip' Moments In The BDC Space
COF, TRIN
Published: November 07, 2025 by: Seeking Alpha
Sentiment: Positive

The market did not react well when TRIN issued its Q3 report. In my view, the reasons for the correction confirm yet again that the market is extremely short-term oriented. In reality, TRIN's performance was strong across the board, sending the exact messages that long-term and durable yield investors want to hear.

Read More
image for news Trinity Capital: One Of The Best 'Buy The Dip' Moments In The BDC Space
Trinity Capital (TRIN) Q3 Earnings Match Estimates
TRIN
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.52 per share a year ago.

Read More
image for news Trinity Capital (TRIN) Q3 Earnings Match Estimates
Trinity Capital Inc. Provides $15 Million in Growth Capital to Kard, Accelerating Growth of Its Commerce Media Network
TRIN
Published: October 21, 2025 by: PRNewsWire
Sentiment: Neutral

PHOENIX , Oct. 21, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Kard Financial, Inc., ("Kard"), a commerce media network that helps fintechs and financial institutions drive usage, loyalty, and engagement through merchant-specific rewards. Kard powers next-generation rewards programs through a flexible, API-first platform that enables financial institutions, fintechs, and loyalty programs to build deeply customized rewards ecosystems.

Read More
image for news Trinity Capital Inc. Provides $15 Million in Growth Capital to Kard, Accelerating Growth of Its Commerce Media Network
Trinity Capital: Now On Sale, Yields 14% After The Price Dropped Due To Rate Cut Fears
TRIN
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Trinity Capital Inc. remains a Buy despite the recent BDC sector selloff, supported by strong fundamentals, consistent dividends, and record NAV growth. Trinity Capital reported Q2 2025 investment income up 27%, NII up 30%, and NAV up 36% year-over-year, with low non-accruals and robust portfolio diversification. Fears of lower interest rates are overblown for TRIN, as its funding costs would fall and portfolio structure limits negative NII impact, supporting future earnings.

Read More
image for news Trinity Capital: Now On Sale, Yields 14% After The Price Dropped Due To Rate Cut Fears

About Trinity Capital Inc. (TRIN)

  • IPO Date 2021-01-29
  • Website https://www.trincapinvestment.com
  • Industry Asset Management
  • CEO Kyle Steven Brown
  • Employees 58

Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.