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| Cash Dividend On The Way From Trinity Capital (TRIN)By Dividend Channel Staff, Thursday, September 26, 10:01 AM ET
On 9/30/24, Trinity Capital Inc (NASDAQ:TRIN) will trade ex-dividend, for its quarterly dividend of $0.51, payable on 10/15/24. As a percentage of TRIN's recent stock price of $13.90, this dividend works out to approximately 3.67%, so look for shares of Trinity Capital Inc to trade 3.67% lower — all else being equal — when TRIN shares open for trading on 9/30/24. Below is a dividend history chart for TRIN, showing historical dividends prior to the most recent $0.51 declared by Trinity Capital Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TRIN is likely to continue, and whether the current estimated yield of 14.68% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TRIN shares, versus its 200 day moving average:
Looking at the chart above, TRIN's low point in its 52 week range is $13.21 per share, with $15.44 as the 52 week high point — that compares with a last trade of $13.93. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Thursday trading, Trinity Capital Inc shares are currently off about 0.2% on the day.
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