Trinity Capital Sustains $0.17 Monthly Dividend and 14% Share Yield
Trinity Capital’s Board declared a monthly dividend of $0.17 per share for April–June 2026, marking six consecutive years of consistent or rising payouts. Shares yield roughly 14%, trading at a discount supported by a diversified, largely secured private credit portfolio and net investment income outpacing distributions.
1. Dividend Declaration
Trinity Capital’s Board approved a monthly cash distribution of $0.17 per share for April, May and June 2026, matching the first quarter rate and extending its track record of consistent payouts to over six years.
2. Portfolio and Yield
At current prices, the quarterly payouts translate to an annualized yield near 14%, underpinned by a diversified private credit portfolio across Sponsor Finance, Equipment Finance, Tech Lending, Asset Based Lending and Life Sciences verticals.
3. Income Coverage and Tax Treatment
The company aims to distribute 90%–100% of taxable quarterly income or potential annual income to maintain regulated investment company status, with flexibility to pay supplemental dividends or carry excess income forward; final tax characteristics will be reported on Form 1099-DIV.
4. Key Dates
Declaration date was March 18, 2026; record dates are April 15, May 15 and June 11, 2026, with payment dates scheduled for April 30, May 29 and June 30, 2026 respectively.